Money Traps, Part 1: Outsmarting the Anchor-Price Comparison Trap

Filed under Personal Finance

Dealing with a dishonest salesman or falling for a sneaky marketing ploy are experiences we can learn to identify and avoid, but there are other kinds of money traps many of us fall for – and they start in our own minds. A common scenario that illustrates the first of these mental traps is shopping […]

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Money Trap #2: Comparing Dollars to Doughnuts