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Scott Rick: Are You a Tightwad or a Spendthrift?

The Long View

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Understanding the 'What the Hell Effect' in Spending Behavior

This chapter delves into the 'what the hell effect' in spending, likening it to indulgent eating behaviors. It discusses how writing a book on spending led one speaker to increase spending due to life's transient nature. The distribution of spendthrifts, tightwads, and the unconflicted middle in the population, demographic differences, and the influence of early experiences on money orientation are also explored.

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