How to Increase Your Savings While Spending
Saving-through-spending apps are an innovative way that government, financial services companies, retailers, and tech companies are working together to help people grow their retirement savings.
Žiga Vižintin
Žiga Vižintin is an advisor to the Management Board at Pokojninska družba, a pension fund from Slovenia. He has an M.Sc. in economics from the University of Ljubljana and is interested in behavioral biases related to retirement saving. He is also the founder of Irrational Retirement Blog.
Why Five and Not Eight? How Round Number Bias Can Reduce Your Nest Egg
Our tendency to prefer round numbers has been observed in stock prices, tips in restaurants, and how much gas we put in our cars. Why are we drawn to round numbers?