Must read article by Leo Quinn Jr., used with permission.
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Money really is a mind game.
A University of Maryland study examined the “denomination effect”.
The study found that if you carry around big bills ($50s and $100s) you’ll spend them slower than smaller bills.
Would you break a $50 or $100 to buy a pack of gum or a cup of coffee? Even if you would, my guess is you’d think about it jus... Read More
