Common Cents: Moods and Money: How Emotions Affect Money Decisions

This article introduces behavioral economics and how financial decision-making is affected by reflexive thinking.  Suggestions are given to help kids make rational decisions regarding their purchases.
Grade levels: PK-2, 3-5, 6-8
Content keywords: decision-making, spending, opportunity cost, common cents
Key Concepts: Personal Finance, Economics
Resource type: Article
Time requirement: Varies
Common Cents: Moods and Money: How Emotions Affect Money Decisions