The latest inflation figures showed that food prices are rising – along with petrol. This is no surprise to Money Fight Club. Part of our job is to monitor the tricks being played on us, every single week, by the supermarkets. A batch of supermarket vouchers currently doing rounds demonstrate the latest wheeze that’s designed to get us to spend more. At the till, when paying for my last weekly shop, I received a voucher that promised me five times as many points if I spent £60 or more in the following week. In other words, if I spent £20 […]
Month: June 2015
Being human
Behavioural economics – no, don’t yawn yet While the rest of us get on with paying the bills and going to work, economists are slugging it out in grand intellectual style. What are they arguing about? Well, little old us, of course. At the centre of the fisticuffs is a big debate about whether we can be totally logical when it comes to money – weigh up the facts at hand and make coolly rationale decisions – or whether we are bound by our emotions and the merry dance they lead us across our personal financial landscape. Economic nudging This […]