Ο rule of 50 euros it's a way to fill your pockets with money, in 2023, as saving is hard to come by these days.
This is not another weekly or monthly savings method, but something new that can be done if circumstances permit.
As psychologist Marie Gresham reports, those who are used to having a €50 or €100 note in their wallet will think twice before wasting it, as they think of it as something very special and big.
Most people are more hesitant to spend 50 euros than 10 euros or 20 euros.
“These correlations are not always rational, so the resulting decisions do not always pay off. But we tend to treat money differently depending on how we categorize it," Gresham told CNBC.
Let's say you are given either a €50 bill or five €10 bills. Because we tend to associate smaller bills with various purchases, you're more likely to spend the money if you have those five €10 notes with you than if you have one €50 note with you, according to the research paper, which was published in The Journal of Consumer Research.
The study in question showed that a group of students who were given four coins ended up buying more candy than students who received the same amount of paper money.
So, if you have coins, 10 euros, 20 euros, try to make them "fat" and keep them as long as possible, buying only the really necessary things.
It is possible that at the end of the month, you will still manage to have that 50 in your pocket and it may become a more frequent phenomenon, but without becoming stingy and not spoiling at all money.
via: Enimerotiko
Dyeing eggs is a tradition that has existed for over 2.500 years.
It is customary to throw flares as soon as "Christ is Risen" is heard. At that moment, dozens of dogs are possessed…
The prices of fruit and vegetable products at retail outlets are much more expensive compared to...
"Exclusive goal, the revelation of the truth, and for this, there is no compromise", he says in...
Last minute Easter shopping in the supermarkets, says Hatziadamou, the Executive...
EDON of Deryneia organizes Easter traditional games on Easter Sunday and Monday. See…