Don’t Assume That You Know Your Monthly Spending and Income
Wade D. Pfau
Most people have a pretty good idea how much money they make each month, and at least a rough idea of how much they spend.
A new study suggests they are probably wrong on both counts. And the source of this insight is as interesting as the findings.
Appelbaum, Binyamin, "Don’t Assume That You Know Your Monthly Spending and Income" (2015). In the News. 402.