Thursday, November 17, 2011

Distressing Article

A new study shows that using credit cards can cause a type of euphoria, which makes people tend to ignore the downside of purchases and overspend or make purchases of things they don't really even want or need. Using credit cards, debit cards, or online accounts creates a disconnection between buying and paying. In our high-tech, fast paced society, where we can order almost anything online-from flat screen tvs to pizza- how are we teaching and modeling responsible behavior for our kids?

Check out the full article at http://redtape.msnbc.msn.com/_news/2011/11/17/8860529-using-a-credit-card-induces-euphoria-new-research-shows

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