Dollars and Sense book cover

Dollars and Sense by Dan Ariely and Jeff Kreisler Summary

Dollars and Sense
Dan Ariely and Jeff Kreisler
3.79 (5677 Reviews)
Finance
Psychology
Business
Aperçu
Points Clés
Auteur
Questions Fréquentes

Overview of Dollars and Sense

In "Dollars and Sense," behavioral economist Dan Ariely reveals why we're terrible with money. Featured in The New York Times, this mind-bending guide uses humor to expose our irrational financial decisions. Ever wonder why pain-free spending leads to empty wallets? Your psychological blind spots await.

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Points clés

1

Why Your Brain Treats Money Like a Stranger

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You find a crisp $100 bill in your jacket pocket. Suddenly, you're planning a fancy dinner out - something you'd never do with your regular paycheck. Same money, different treatment. Why? Because when it comes to money, we're all a bit irrational. We save four dollars on coffee, then carelessly gamble away two hundred at a casino. We refuse to replace a lost theater ticket but happily buy one after losing cash. These aren't random quirks - they're predictable patterns in how our minds mishandle money. Understanding these patterns isn't just intellectually interesting; it's financially crucial. The invisible forces shaping our spending decisions cost us thousands annually, and recognizing them is the first step toward making better choices.

2

The Illusion of Value and the Games of Mental Accounting

3

The Pain of Paying and Why Cash Hurts More Than Credit

4

Anchoring and Self-Herding: How First Impressions Trap Us

5

The Endowment Effect and Loss Aversion: Why Ownership Changes Everything

6

Fairness, Effort, and the Stories We Tell About Value

7

Reclaiming Your Financial Mind

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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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@Moemenn
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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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star
star
star
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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96
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4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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"It is great for me to learn something from the book without reading it."

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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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483

"Makes me feel smarter every time before going to work"

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