3min chapter

Speaking of Psychology cover image

Why it’s important to talk about money, with Wendy De La Rosa, PhD

Speaking of Psychology

CHAPTER

Behavioral Patterns in Tax Filing and the Call for an Improved System

In this chapter, the hosts discuss the behavior of individuals when it comes to filing taxes and receiving tax refunds. They explore the psychology behind eagerly awaiting large tax refunds, mentally allocating the money to multiple uses, and procrastinating until the last minute. They also advocate for an earlier tax day and the need for a simpler and faster tax-filing process.

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