Why optimistic people are more likely to be duped

In the first six months of 2015 Australians were fleeced of $45 million. The loss raises questions about how you avoid being scammed and the secret could be to get grumpy.
Sad subjects are better judges of deception than happy ones, according to a University of New South Wales study cited by 100-plus sources.

Read at the Age.


Why electronic banking transactions can take so much time

On paper, it seems ridiculous. You send some money via electronic banking and the transaction apparently goes into limbo – overseas payments can be especially slow, reaching intended recipients after up to five business days, which can effectively mean a week.

Read at the Sydney Morning Herald.


Love not lucre: avoid the gold-diggers

If you thought gold-digging was an exclusively female pursuit, think again.

Money has an aphrodisiac effect on men, according to dating site AYI.com.

Read at the Sydney Morning Herald..


Jingling pockets could bring on a headache

Money, money, money – how much do you dwell on the stuff? Excessive desire for money robs people of their humanity, according to the famously frugal Pope, who recently suspended a ”bling bishop” for alleged lavish spending.

Read at the Sydney Morning Herald..


Where there’s a will there’s potential for acrimony

Like wedding fights, inheritance spats have a sordid, nightmare quality. A low-rent tussle over the loot can take a terrible toll on family ties.

Read at the Sydney Morning Herald..


The menu tricks that tap more than your appetite

Make no mistake: a menu is a manipulative document meant to make you spend more money than you anticipated. Blame the persuasive influence of a burgeoning trend called menu engineering: strategic tweaking designed to drive sales.

Especially if you are hungry, you may well be swayed by the guile of a menu engineer bent on bending your mind and denting your wallet. So here is an audit of some top menu mind games exposed by psychologists and catering industry insiders.

Read at the Sydney Morning Herald..


ATM skimming – what you should know

Your routine trip to the local ATM could have a shocking cost if you aren’t careful. The reason: in a practice known as ”skimming”, thieves mount pirate card readers and pinhole cameras on automated teller machines to swipe credentials.

Read at the Sydney Morning Herald..


Why expensive wine is a waste of money

So you think you can tell fine wine from plonk without reading the label? You might be deluded because, economists say, our grasp of wine’s class and worth is shaky. Several scathing studies suggest we are suckers for mystique and marketing – the price tag-driven power of suggestion.

Read more at the Sydney Morning Herald..

How to write your own will

Half of all Australians die without a will, according to the Australian Securities and Investments Commission, meaning the law decides where your assets go, potentially favouring relatives you resent.

Read more at the Sydney Morning Herald..