Presh Talwalkar recently graduated Stanford University with Bachelor's Degrees in Mathematics and Economics. He has worked as an economic consultant where he focused on energy and finance litigation. He is passionate about game theory and writes about its many uses, such as negotiating a raise or finding true love. Presh also enjoys speaking to young workers about personal finance topics, including saving and investing.
Presh Talwalkar's blog is Mind Your Decisions.
It costs nothing. Most of us can do it naturally. We blow it off for lots of reasons. Though when we occasionally do it, we feel like a million bucks.
Everyone is in love with moderation. We’re told to eat a “balanced meal.” Fox News proudly claims it is “fair and balanced.” Moderation dates back at least to the ancient Greeks who said “nothing in excess.” Today, the same idea holds but with a slightly different wording: “everything in moderation.” But it doesn’t work when it comes to money.
Patience provides a competitive advantage during negotiations. It’s a weapon particularly useful against impatient opponents who grew up with instant gratification.
Today’s advice: don’t get too busy. It’s foolish to cut back on something as pleasurable or healthful as sleep. It’s equally misguided to pack the hours in your waking life.
We think we’re supposed to make the best decision all the time. And most of us do a pretty good job of comparison shopping, talking to friends, and networking to find the best deal and make the best choice. But even working so hard, most of us feel regret when we fail.
Whoever said “honesty is the best policy” had to be lying. Lies have saved many messengers from being shot, and many couples from explosive arguments about body image (“Honey, do I look fat in this? Tell me the truth…”).
Let’s face it—each new stage in life brings dramatic changes that are difficult to anticipate. No matter how smart you can be in college, you will still get surprised by the working world.
The standard research method, reported by Patrick Barry of Science News, is engineering organisms by “knocking out” a single gene and studying the change. The logic is as follows: if a trait does not develop after a single-gene knockout, one could conclude the gene plays a role in the trait.
Many people have to get to work at a precise time, like bank tellers. But if you’re among those that choose, what time is best for you? Here are some options to consider.
Credit card payment protection plans offer relief when you are out of work or sick. Your entire balance may be waived, for instance, in one of these emergencies. The cost is usually a percentage of your monthly balance. There is no fee if you don’t charge anything. But is this plan worth doing?
