There’s No Such Thing As A Free Reward

Although there is no such thing as a free reward, consumers rarely consider the rewards programs costs that they wind up paying.

How a Cash-Free Economy Affects Your Health

Far beyond the change in our spending, a cash free economy would have an impact on our bacterial immunities and our neurology.

Credit Card Winners and Losers

Because banks and other issuers of credit cards cover costs by charging retailers a fee, those sellers raise their prices to cash and credit customers.

Who, How and When We Use Cash

Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments.

Now or Later?

Reading about why people have a tough time delaying gratification, I started to think about countries. First people… A part of your brain–the insula–becomes more active when faced with an unpleasant task like dieting or seeing your team lose. Two…

Cashing out?

By Mira Korber, guest blogger. They say “cash is king.” But these days, perhaps cash was king. Sweden is becoming a “cashless society.” Commuters pay bus fees via credit card and text message. Religious institutions take electronically transmitted donations. The positives?  Certain…

Just Like Yap Money

To a Yap islander, in 1903, a 12-foot limestone wheel had considerable value. Described by NPR’s Planet Money, the wheels, as small as a foot in diameter and as large as twelve, composed the islanders’ monetary system. With smaller transactions, you…