Ian's list

Top picks from the web on money and your life, from ING economist Ian Bright – October 16, 2015

Time for change

Time for change

Are you stuck in the past, living for today, or focused on the future? A study detailed in Forbes suggests that your time perspective may affect your money choices. For example, those thinking of past losses may avoid risk – but present-focused hedonists might simply do what feels good today.

Fairest of them all?

Fairest of them all?

Tontine schemes – where shares are paid out to remaining investors as other investors in the scheme die – are illegal in the US. This Washington Post article asks if the idea could be applied to modern pensions – because people, however irrationally, may see such schemes as “fairer” than annuities.

Closing the cash gap

Closing the cash gap

“Contactless” technology is becoming a handy way to make small payments – like physical cash, rather than credit cards – blogs Cisco exec Alex Noble. The 2012 Transport for London initiative had assumed people would stick to larger, less-frequent buys - yet by April that year, 10,000 people a day were using “wave and pay” for daily bus tickets, he says.

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Ian Bright
Ian Bright

Senior economist at ING
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42 blogs

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