Our findings and research on financial well-being
These articles and white papers combine academic insights with applied suggestions. Our hope is to provide you and your organization ideas supported by research that will increase the financial health and wellness for low- to moderate- income customers.
These papers are authored by Duke Center for Advanced Hindsight, Common Cents Lab, and Irrational Labs. Support comes from MetLife Foundation.
Featured articles about our recent work
- How to reframe savings: we’re more attracted to “earning money” than saving it
- How one coin motivated more savings than a 20% match: A counterintuitive way to increase savings
- How should income be reported? The one small change that can increase how much we save for retirement.
- The financial lives of freelancers (includes descriptive infographic)
- Why don’t people manage debt better?
- A clever study that helps understand our spending habits
- Dan Ariely on how and why the Common Cents Lab came to be: PBS News Hour
Financial services and behavioral economics: The field guide
Developing or designing a financial product? Learn the psychological booby traps of financial decision-making with this field guide.
Design for emergency savings
We present principles and examples of design that can increase our willingness and motivation to save for the short term.
Couples and their money
What are the top pitfalls that couples encounter in their financial decision-making process? This white paper reviews literature about how to improve joint decision-making by designing savings accounts for couples.
Financial reporting best practices
How should we report on financial results? This workbook reviews best practices for sharing information with people about their portfolio performance.
Contract with your future self
Prior to investing, we should all have a contract with our future self. Here is one for you to use with clients if you’re an advisor or to use on yourself.
Increasing trust with customers
Trust is the secret ingredient that makes your customers love you. How should financial institutions rebuild trust that has been lost?