Playlist: The psychology of the price tag, unemployment checks
Posted by Christina Huh…
Posted by Christina Huh
For Marketplace Money, Friday June 3, 2011
On the job front: The Labor Department reported disappointing job numbers for May, but a boom in new social media tools may help you land that job. For the unemployed, your unemployment checks may no longer be paper checks but pre-paid debit cards. But beware of potential fees and rules for those cards. And we check in with a commentator who left college to take a job and got laid off.
You may not realize it, but price tags are speaking to you. Price ends with a nine? You’re more likely to grab it. We talk to author William Poundstone about the psychology behind the price tag. We learned some tips on how to talk to your aging parents of the state of their finances. Reporter Stacey Vanek Smith reported on the struggle some Egyptian expats have when choosing between their financial well-being and sending money back home. And here are the songs we played: