Monthly Archives: June 2014

Counting Seconds & Cents: The Psychological Consequences of Time and Money


By Ashley Whillans

My close friends and family always smugly chuckle upon learning that I study the psychology of time and money. I’ll let you in on their amusement. As a graduate student, I am chronically counting my seconds and cents—scrounging time to see friends while managing multiple deadlines, and saving up for my next flight on a slim student stipend. And while I have not yet learned how to stop time or how to grow money on trees, social psychology does offer insight into when time and money may help vs. hinder happiness. Continue reading