What I learned from Dave Ramsey and Ramit Sethi
I’m debt-free because of Dave!
Congrats, Bernadette. That’s a great feeling. Thanks for your comment and for your readership.
Thanks, Dr. A! I finally subscribed and I am a paid member and reader.
BERNADETTE
We appreciate you. Your support means a whole lot to me and the students that get to work with me as RAs.
There's a fun paper out on comparing typical financial advice with economic theory. Lots of interesting differences between those two especially around using floating mortgages and overall consumption habits. My coverage here: https://www.nominalnews.com/p/new-research-highlights-january-2023 and the paper by James J. Choi here - https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.36.4.167
That’s a great paper. There is optimal behavior, and there is behavior that people will take on. Sometimes getting people to act is more important than getting them to act perfectly.
I’m debt-free because of Dave!
Congrats, Bernadette. That’s a great feeling. Thanks for your comment and for your readership.
Thanks, Dr. A! I finally subscribed and I am a paid member and reader.
BERNADETTE
We appreciate you. Your support means a whole lot to me and the students that get to work with me as RAs.
There's a fun paper out on comparing typical financial advice with economic theory. Lots of interesting differences between those two especially around using floating mortgages and overall consumption habits. My coverage here: https://www.nominalnews.com/p/new-research-highlights-january-2023 and the paper by James J. Choi here - https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.36.4.167
That’s a great paper. There is optimal behavior, and there is behavior that people will take on. Sometimes getting people to act is more important than getting them to act perfectly.