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SUMMARY.Dollars and Sense How We Misthink Money and How to Spend Smarter By Dan Ariely and Jeff Kreisler


·         What’s in it for me? Discover some of the reasons why humans stink at managing their cash.

·         Irrational spending stems from not considering the alternatives and an overreliance on external signs of value.

·         Without value cues, we can be poor at recognizing value or making decisions.

·         Mental and emotional accounting play a big role in our decision-making, and both have their irrational tendencies.

·         Language and rituals can change our perception of value.

·         There are ways to boost your self-control and resist or remove the temptation to spend.

·         Final summary

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