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Showing posts with the label money

Your Kids and Money: It Can Make Them More Greedy

Did you know that money affects children's behavior even if they don't know the value of it? That's what a new s urvey is saying.  The act of handling money makes young children work harder and give less, according to new research published by the University of Minnesota's Carlson School of Management and University of Illinois at Chicago, reports newswise.com. The effect was observed in children who lacked concrete knowledge of money's purpose, and persisted despite the denomination of the money. "Money is a double-edged sword. It produces good outcomes in terms of concentration and effort, but bad outcomes when it comes to helping, taking, and donating." the web site quotes Professor Kathleen Vohs, the Land O'Lakes Chair in Marketing at the University of Minnesota and co- author of the study.  Five experiments and one study tested 550 children (ages 3-6) in Poland and the United States. In one experiment, the children were asked to...

Do You Care If Someone Is Treated More Unfairly Than You? Study Says, Probably Not

A new study has found that humans are probably less concerned than previously believed about the inequity of others, according to newswise.com. Research revealed that, "strongly influenced by their self-interest, humans do not protest being overcompensated, even when there are no consequences, researchers in Georgia State University’s Brains and Behavior Program have found." These findings suggest humans’ sense of unfairness is affected by their self-interest, indicating the interest humans show in others’ outcomes is a recently evolved propensity, the Web site reports. Scientists have long known that humans show sensitivity when they are at a disadvantage by refusing or protesting outcomes more often when they are offered less money than a social partner.   But the new study showed that humans, who participated  do not show any sensitivity when they are overcompensated. They conclude that humans are more interested in their own outcomes than those of other...

What Makes the Perfect Job? It's Not What You Think

We all strive for balance in our work and home lives but many of us never find it.  Your son’s softball game?  You said you’ll be there, but, oh wait, the boss needs that report before day’s end.  That meeting where you’ll be recognized for your work on that project?  It’s today. But so is your daughter’s dance recital. We’ve all been there.  Finding the right balance between our job’s requirements, and our home’s, has never been harder. But a new survey by CareerBliss, as reported by monster.com, has found some surprising news about the most satisfying jobs in the U.S. today.  Teacher or professor?  You didn’t even make the top 10. But database administrator, or quality assurance engineer, executive assistant or executive recruiter, underwriter or software developer.  You’re on top of the world.  These jobs were ranked happiest for many reasons.  For example, database administrators find a lot of freedom and creativity...

Finally, Some Good News for Older Workers!

Well, maybe a little.  But a new study just out says workers 60 and older (I'll be there soon) are earning more than their younger counterparts.  Now, I hope that doesn't mean at Burger King! According to smartplanet.com, "Older workers are more educated, more productive, and make more money than ever before. And with the increasing numbers of Baby Boomers hitting age-60 mark, these trends are only going to accelerate." Wish I could say I'd seen it.  I've been out of work for about six months and though there are some bright spots on the horizon, I must confess that I'm pretty cagey about my past experience.  I've even, I hate to admit it, lied about my college graduation and first job dates. But recently I had an interview that went well (we'll see) and I was overjoyed to see that one of the people interviewing me was at least as old as me.  (Of course, the executive above her looked about 20!) I, too, used to think people in their 60s sh...

Sandy Hook: Does Money Really Help?

I admit, I was a little confused when people began sending money to Newtown, site of the 2012 horrific elementary school massacre.  What good does money do?  It can't bring the kids back. But then I started to read that it could pay for counseling and therapy and perhaps with burial expenses, so I thought, okay. Now people are arguing about it.  Guess you have to expect that, any time humans -- and cold, hard cash -- come together. Over $10 million was raised, and let's be honest, it felt to many like the one thing you could do to try somehow to compensate these parents for their unspeakable loss.  And most likely, it felt good. But now different groups are fighting over just how the money should be distributed, according to Peter Applebome in today's NYT.  Taking a lot of the heat is the United Way, because quite a bit of the money went to that organization, Applebome writes, and survivors told him they've seen very little or none of it and are concerne...