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Dan Ariely, Irrational Capital – Investing in Human Capital | #425

The Meb Faber Show - Better Investing

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Paying Electricity Bill With a Check

The pain of pain is this really interesting thing that gets us to enjoy things more or less depending on the ming of payment and the way we pay. If you think about apple pay and goodle pay, less salient, we don't pay as much. We don't think about it as much. Ire's a study showing that when people pay the electricity bill with a check, they spend less on energy. And when they move to automatic deduction, they start spending more on y. So thi salency of payment to theso we're going away from salenc everything's automatic in the background, subscriptions and so on. It's not necessarily great for us. There'rs some things

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