Psychology

Are men hardwired to overspend?

 

Bling, foreclosures, rising credit card debt, bank and auto bailouts, upside down mortgages and perhaps a mid-life crisis new Corvette, all symptoms of compulsive overspending.

University of Michigan researcher Daniel Kruger looks to evolution and mating for an explanation. He theorizes that men overspend to attract mates. It all boils down, as it has for hundreds of thousands of years, to making babies.

Hardwired to overspend 

Professor Daniel Kruger looks to evolution to explain why we overspend                                                       

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The researchers concluded that the use of CISD involves issues of ethical principles and conduct for mental health professionals: “The influence of nonscience, junk science, and pseudoscience raises major ethical implications for mental health practice in its entirety, with professional psychology providing a particularly well-placed example of our concerns. 

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America’s financial crises is fueling chronic stress and limiting some people’s ability to think clearly, control emotions and regulate bodily functions in a healthy manner. University of Alabama at Birmingham (UAB) Associate Professor Josh Klapow, Ph.D., says now is the time to take control of emotions and better regulate the mind-body stress response. Klapow is a clinical psychologist and author of “Living SMART: 5 Essential Skills to Change Your Health Habits Forever.” [continue reading…]