money

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Money Beats Happiness
 Money Beats Happiness 
Study Says
Oct 1, 2011 9:28 AM CDT

Money Beats Happiness

Study finds people trade happiness for other benefits

(Newser) - Money cannot buy happiness, but most people would choose it anyway, says a new study of more than 2,600 people published in the American Economic Review . For example, if the choice is between a job that pays $80,000 a year and lets you get seven and a half...

Why Money Actually Isn&#39;t the &#39;Root of All Evil&#39;
Why Money Actually Isn't
the 'Root of All Evil'
OPINION
Sep 10, 2011 8:31 AM CDT

Why Money Actually Isn't the 'Root of All Evil'

Common warning is actually a misquote: Trent Hamm

(Newser) - “Money is the root of all evil,” a concerned friend recently wrote to Christian Science Monitor financial blogger Trent Hamm, wondering why Hamm would devote his blog to helping people accumulate wealth. But that phrase, which you’ve probably heard or even said yourself, is actually a misquote,...

Quake Survivors Return $78M in Found Cash

Nearly 6,000 safes have washed ashore in Japan

(Newser) - In the five months since a massive earthquake and tsunami devastated the east coast of Japan, honest citizens have returned $78 million in cash—$48 million found in thousands of wallets, and $30 million from some 5,700 safes that turned up onshore, reports ABC News . One safe had $1...

Man Finds $17K on Ground, Returns It to Bank

Robert Adams finds $17,021 in a plastic bag

(Newser) - Robert Adams craved an ice-cold drink and a burrito after finishing his shift on a sweltering workday, but his empty wallet left him with two obvious choices: Stop at the ATM, or find a bag containing more than $17,000 in cash. While at an ATM on Monday, Adams looked...

How to Buy Happiness
 How to Buy Happiness 
May 7, 2011 1:03 PM CDT

How to Buy Happiness

Eight tips for purchases that will boost your pleasure

(Newser) - Money may not be able to buy happiness, but if you spend wisely, you can at least avoid purchases that make you unhappy. SmartMoney lists eight tips for happy spending, based on new research published this month:
  • Buy experiences, not things: People overwhelmingly report that they get more happiness out
...

A New Way to Cheat on Your Spouse: Lie About Money

One in three admit to fibbing about financial matters

(Newser) - Infidelity isn't always the stuff of illicit affairs. A new survey shows that 31% of Americans who combine their finances with a spouse have lied about money to said spouse. "Financial infidelity may be the new normal," writes Jenna Goudreau at her Forbes blog . The most common misdeeds...

Get Fit, Financially Speaking, in 2010

A 12-month guide to taking control of your finances

(Newser) - If your New Year’s resolution is to take control of your finances, you’re in luck: Brett Arends provides a handy month-by-month guide in the Wall Street Journal :
  • January: Max out your 401(k) contributions if your budget can handle it, or at least hit the company match level. Ideally,
...

Feds Quarantine $110B in Potentially Defective $100 Bills

New security features caused wide-scale printing problem

(Newser) - The new $100 bills were designed to thwart counterfeiters—but instead, the complex process required to create the high-tech bills has thwarted printers, resulting in $110 billion in currently unusable bills. The new hundreds, planned for roll-out in February, include a 3D security strip and color-shifting bell image—and producing...

Arizona Homeless Man Finds $3,300—and Returns It

He's winning praise for his good deed

(Newser) - It's like one of those moral hypotheticals: If you found $3,300 in cash with no apparent ID, would you keep it? But the reality has a twist: The man who did, in fact, find that sum in a backpack was also homeless. He still turned over the cash to...

Money Trouble May Signal Alzheimer’s

Financial advisers ponder meaning of 'competence'

(Newser) - The first sign of Arthur Packel's Alzheimer's was the call from the homeowner's association asking for unpaid fees. As his mind began its long slide, it turns out, the first thing he did was simply stop paying bills. When his wife tried to pick up the slack, she found much...

Why Physicists Clean Up at Poker

 Why Physicists 
 Clean Up at Poker 
IN CASE YOU MISSED IT
Oct 30, 2010 7:30 PM CDT

Why Physicists Clean Up at Poker

To start, they understand numbers

(Newser) - What's the not-so-simple secret of playing poker? Quantum physics, finds NPR . It turns out that several top players are physicists—and that's no fluke. Physicists understand probability, statistics, and modeling. "I mean—when you think about it—they build models of the world," says Jennifer Ouellette, author of...

To Help World's Poor, Hand Them Cash

Government 'cash-transfer' programs prove successful

(Newser) - It might seem counter-intuitive, but in some 45 countries across the globe, it’s working: Governments are handing cash to the poor to use at their own discretion, writes Christopher Werth in Newsweek . Some 110 million families are getting aid, and the World Bank has spent $5.5 billion on...

Karzai: Iran, US Give Me Bags of Money

Afghan president confirms NYT report; says several countries donate

(Newser) - Afghanistan’s president confirmed a New York Times report that his office gets bags of cash from Iran, saying the US has long known about it—and that the US also provides “bags of money," the AP reports. The Iranian money comes in batches of some $700,000...

We Need $75K to Be Happy

Study finds that's the magic number

(Newser) - Money can't buy us love, but it can, apparently, buy us happiness—so long as we make $75,000 a year or more. A new study examined the responses of 450,000 Americans to a poll, and found that as income increased (from, say, $35,000 a year to $45,...

Money Man Sought in NY Bomb Plot

Officials have the name of carrier linked to bomb purchases

(Newser) - Investigators are on the hunt for a courier who funneled cash to Faisal Shahzad ahead of his failed Times Square car bombing . Officials have the name of someone who helped Shahzad pay for the second-hand sport utility vehicle and other materials he used to build the gasoline-and-propane bomb he has...

85% of Dollars in US Cities Test Positive for Cocaine

95% of DC bills test positive

(Newser) - The US money supply is literally soaked in cocaine, the Guardian reports.Tests performed by the American Chemical Society found that an average of 85% of paper money circulating in big US cities tests positive for traces of the drug. While cross-contamination between bills bundled together is a factor, it...

Touch of Money Can Help You Resist Pain

(Newser) - The feel of green can make people more resistant to low-level pain, NPR reports. Building on earlier research about the psychological power of money, experts in China conducted a study asking subjects to dip their fingers in water heated to 122 degrees Fahrenheit; those who had counted money ahead of...

NYC Prep Paints Sad Picture of City's Excess

Parents, schools angry at 'manipulative' show

(Newser) - Post-crash New York City has become a symbol of spiritual emptiness, writes Vanessa Grigoriadis for New York magazine. NYC Prep is the latest reality show to exploit this symbolism, allowing the rest of America to watch Manhattan’s lost souls—this time, teenagers—pursue decadence and social standing. In the...

Astor Trial Delayed as Son Visits Doc

Trial may restart tomorrow: judge

(Newser) - The Brooke Astor trial is on hold because the late philanthropist’s accused son is visiting his neurologist. Anthony Marshall—who is 85, wears a pacemaker, and has survived a heart attack and open-heart surgery—has been looking increasingly frail as the fraud trial unfolds, the New York Post notes....

Foiled Robber Leaves Store With $40, Bread

Shopkeeper pulls gun on would-be perp, who begs for mercy, food

(Newser) - A man approached a Long Island convenience store counter with a baseball bat, demanding cash; the shop owner whipped out his shotgun, prompting the man’s tearful pleas for mercy. The impassioned display worked, Newsday reports: Mohammad Sohail took pity on the robber and gave him $40 and a loaf...

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