Figure out how banks, credit card providers and payday lenders are trying to screw you ever.

The single paper I’m most proud of is the field experiment we ran on credit card direct debit defaults And there are so many good practitioners and academics out there that it’s hard to name just a few.

And just throw out all your credit cards if you can't even remember what the reason was you went into Bargain hunting can turn in obsessive behaviours that can ruin your life, or at least your credit score

it, and replacing this money the next month, without much consequence, this individual pulls out the credit card or another type of loan. I am quite careful when it comes to spending and keeping track of my money. So, when going abroad, or using any account that is not your day-to-day account, be careful.

It’s because people who don’t understand interest rates have credit cards that get them into debt they Now this can go well, but without any credit to yourself, or this can go terribly wrong, and then it’

We moved from cash to cards and even phones, from contact to contactless and from remembering our spending cards, pre-paid cards and methods such as direct debit and cheque. You have been born and raised on contactless card payments (contactless technology is older than you Now you have seen all the new payment methods being introduced, you do have payment cards but are not So, take into account what you are used to: cash, card, phone.

on contactless, or payment methods in general (although my supervisor has written multiple papers on credit card usage). If after careful research, you find that there is really no set route to becoming what you want to become

It’s hard to pinpoint a single person, book, or event, but it was Dan Ariely who convinced me to quit decade, I had been applying insights from behavioral finance and risk theory to my work on quantitative credit They were helpful in shaping my understanding of the role of consumer biases in the context of credit BEworks started with one project, tackling the issue of helping people pay their credit card bills on The hard part of experiments though is having the discipline and patience to wait for a signal in the

My parents drove regular cars, we ate normal food, didn’t go out abundantly often, and they wore regular Even if I were to get into real bad credit card debt, or have at it with a loan shark (?)

It seems as if people do not care. So, change is about caring. So, how do you make someone care? And how do you make them care enough to change? Let’s apply COM-B all the way! It is difficult to make people care. We are constantly overloaded already. What is one thing you deeply care about, and why?

I have told you how credit cards and contactless make you spend more compared to cash.

you accuse capitalism of destroying the environment, just think about this: if I need a house, or a car Who cares? Professional investing comes with wins, losses, risks. I took all my savings, maxed out my credit card, drew down all my student loans, and put it all in this These people have seen their hard-earned savings decline. more than work hard, save, and try to enjoy their retirement.