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Loan Applications Processed Around Midday More Likely To Be Rejected

Loan Applications Processed Around Midday More Likely To Be Rejected

Bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no.

Jun 28, 2021 01:55 PM EDT


Researchers Find Optimal Way To Pay Off Student Loans

Researchers Find Optimal Way To Pay Off Student Loans

After graduating or leaving college, many students face a difficult choice: Try to pay off their student loans as fast as possible to save on interest, or enroll in an income-based repayment plan, which offers affordable payments based on their income and forgives any balance remaining after 20 or 25 years.

Jun 28, 2021 01:34 PM EDT


Language Used On Credit Card Websites The Hardest To Understand

Language Used On Credit Card Websites The Hardest To Understand

New research led by the University of East Anglia (UEA) reveals how easy it is for consumers to understand the language used on personal finance websites.

Jun 28, 2021 12:53 PM EDT


You Can Have Too Much Of A Good Thing, Says Study Financial Analysts' Work-Life Balance

You Can Have Too Much Of A Good Thing, Says Study Financial Analysts' Work-Life Balance

Last winter, Goldman Sachs reported it was working to make things better after a group of junior analysts revolted against 100-hour work weeks.

Jun 28, 2021 12:46 PM EDT


Top 9 Best Ways To Create Wealth

Top 9 Best Ways To Create Wealth

Wealth creation is something that everyone aspires to do. Every budget made or financial planning done aims to create wealth using different strategies such as cutting cost to save more, investing in instruments which has higher returns, investing for a longer duration and much more.

Jun 28, 2021 11:35 AM EDT


Top 6 Tips To Manage Finances During COVID-19

Top 6 Tips To Manage Finances During COVID-19

The ongoing COVID-19 pandemic has brought in a lot of challenges for one and all.

Jun 28, 2021 11:32 AM EDT


World Needs USD 8.1 Trillion Investment In Nature By 2050 To Tackle Triple Planetary Crisis

World Needs USD 8.1 Trillion Investment In Nature By 2050 To Tackle Triple Planetary Crisis

A total investment in nature of USD 8.1 trillion is required between now and 2050 - while annual investment should reach USD 536 billion annually by 2050 - in order to successfully tackle the interlinked climate, biodiversity, and land degradation crises, according to the State of Finance for Nature report released today.

Jun 25, 2021 03:05 PM EDT


Urban Green Space Brings Happiness When Money Can't Buy It Anymore

Urban Green Space Brings Happiness When Money Can't Buy It Anymore

Urban green spaces, such as parks, backyards, riverbanks, and urban farmlands, are thought to contribute to citizen happiness by promoting physical and mental health.

Jun 25, 2021 03:02 PM EDT


Mobile Money Improves Economic Well-Being In Kenya

Mobile Money Improves Economic Well-Being In Kenya

Access to digital financial services lifted 194,000 Kenyan households out of poverty, a new study estimates, and increased consumption levels, especially among female-headed households.

Jun 25, 2021 01:18 PM EDT


Women Dominate OB/GYN Field But Make Less Money Than Male Counterparts

Women Dominate OB/GYN Field But Make Less Money Than Male Counterparts

While women outnumber men as Ob/Gyn practitioners, they still make significantly less money and the pay gap extends to subspecialties like reproductive endocrinology and infertility (REI), according to researchers at the University of Colorado Anschutz Medical Campus.

Jun 25, 2021 01:11 PM EDT


Your Spending Data May Reveal Aspects Of Your Personality

Your Spending Data May Reveal Aspects Of Your Personality

How you spend your money can signal aspects of your personality, according to research published in Psychological Science, a journal of the Association for Psychological Science.

Jun 25, 2021 01:05 PM EDT


Moral Concerns Override Desire To Profit From Finding A Lost Wallet

Moral Concerns Override Desire To Profit From Finding A Lost Wallet

The setup of a research study was a bit like the popular ABC television program "What Would You Do?"--minus the television cameras and big reveal in the end.

Jun 25, 2021 12:55 PM EDT


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