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Top related persons:
Christopher Bechler - 3 Bechler - 2 Huang - 2 — - 1 Cash - 1 Benjamin - 1 Sage Handley - 1 Kenneth Rogoff - 1
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Service - 2 Federal Reserve - 1 . Federal - 1 University of Notre Dame Mendoza College of Business - 1 Business - 1 Association for Consumer Research - 1 Federal - 1 Street Journal - 1

Search resuls for: "Christopher Bechler"


3 mentions found


☆ Cash is no longer king. So why are we still printing so much?
  + stars: | 2024-02-26 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
An economics expert tells BI that cash still remains crucial for "certain segments of consumers." AdvertisementWhen it comes to how Americans prefer to spend their money, cash is actually not king. That represents a consistent decline in cash payments since the pandemic in 2020, which saw many shifts in consumer behavior, including an acceleration of online shopping. The following year, the study showed that cash made up 19% of payments and has not recovered since. Cash is still king of some thingsEconomics experts say that despite increasing reliance on cards, cash remains resilient and an important payment method for many consumers.
Persons: —, Cash, Christopher Bechler, Bechler, Benjamin, Sage Handley, Kenneth Rogoff Organizations: Service, Federal Reserve, . Federal, University of Notre Dame Mendoza College of Business, Business, Association for Consumer Research, Federal, Street Journal, Harvard University
☆ A millennial private equity founder explains how the 'girl math' taking over social media can help more than it hurts
  + stars: | 2023-08-29 | by ( Jennifer Streaks | Senior Personal Finance Reporter | Read More | ) www.businessinsider.com   time to read: +4 min
Girl math is a viral Tiktok trend where women justify spending with their discretionary income. Girl math is often about quality of life decisions and the impact of your spending's value. Maybe girl math isn't the trap it seemsFinancial expert Kelly Ann Winget, the millennial founder of a solo-female-founded private equity fund, says that girl math isn't exactly what its critics describe. "If women are using girl math to justify spending that doesn't derail their financial well-being, that is a good thing. "Instead of focusing on girl math so much, think about ways to secure your income," Winget tells Gen Zers.
Persons: Kelly Ann Winget, you've, it's, Christopher Bechler, Huang, Joshua I, Morris, Taylor Swift, Winget, Gen Zers Organizations: Service, Stanford Graduate School of Business Locations: Wall, Silicon
☆ Shoppers embrace 'girl math' to justify luxury purchases — here's how it works
  + stars: | 2023-08-12 | by ( Jessica Dickler | ) www.cnbc.com   time to read: +1 min
Yet, we're coming up with new ways to justify expensive purchases. The latest way, coined "girl math," breaks down the price of an item by the cost per wear. While the term originated from an unflattering view of women and their finances, TikTok's latest trend aims to reframe the narrative around luxury indulgences. This works well for "an indulgent purchase that doesn't feel super justifiable," Bechler said. Otherwise, consumers increasingly turn to buy now, pay later to spread out the cost of their "retail therapy" with small installments.
Persons: we're, there's, Christopher Bechler, Huang, Bechler Organizations: Finance, Stanford's Graduate School of Business
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