Psychology of Using Credit Cards

Tip 1 - Why We Overspend With Credit

Using credit to make purchases causes many people to spend more than they would have if they had used cash. What emotional and cognitive forces contribute to this bias, and what can be done to curb it?

Tip 2 - Spending and credit cards

You really do spend more with plastic than cash.

Tip 3 - Credit Cards Make You Spend More: Studies - NerdWallet

-*+Common sense tells us that certain behaviors are tied to how people pay for goods and services. We would think that the more cash-based a payment is, the more likely…
Tags: credit cards, cd rates, savings, checking accounts, scholarships, airlines

Tip 4 - Gregory Karp: The psychology of cash vs. credit

You know what they say about beauty and the beholder? It apparently lies in the eye of the cardholder too.That's according to new academic research that shows consumers who pay with a credit card...
Tags: news

Tip 5 - Why We Spend More Using Credit Versus Cash

Why is it that people seem to spend more when they use credit cards than when they use cash? The answer could be rooted in psychology. Robert Frank, an economics professor at Cornell University, talks about how the brain works when it comes to paying for goods, and how people can avoid spending too much of their money.

Tip 6 - The psychology of making purchases with cash and credit

Dr Paul Harrison takes a look at the psychology of cash, credit and debit and investigates whether your card can help you lose weight .
Tags: money, credit cards, shopping, The Checkout