Articles on Debt

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In the film Iron Man 2, Elon Musk (playing himself, in white), meets one of his sources of inspiration: Tony Stark (R. Downey Jr.), super-hero of the Marvel Universe. DisneyPixar

Is Elon Musk a super‑hero?

Elon Musk is an open admirer of the fictional Tony Stark, whose alter‑ego is none other than Iron Man. But Tesla’s recent financial results prove Musk to be more vulnerable than his hero…
Financial decisions can be a real maze. Andrii Vodolazhskyi/Shutterstock.com

Why we hate making financial decisions – and what to do about it

Research suggests that the reason people may put off funding their 401(k) plans or managing credit card debt is because our perception of finance as 'cold' conflicts with our hot-blooded emotions.
A man browsing the shoe department in a shopping centre. Can he really afford new shoes, and does he really need them? Alex Buirds/Wikimedia

Why we perceive ourselves as richer than we think we are

Under some circumstances, people may feel wealthier than they actually are and this makes them psychologically more prone to increase their spending, as well as their borrowing.

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