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Dollars and Sense

How We Misthink Money and How to Spend Smarter
Summary:

The book explores the psychological traps and irrational thinking that lead people to make poor financial decisions, using humor and behavioral economics insights. It offers practical advice on how to better understand our spending habits, make smarter financial choices, and ultimately improve our financial well-being.

Key points:

1. Pain of Paying: We feel discomfort when spending money, especially in tangible forms. This can lead to overspending with credit cards or digital payments.

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