This paper analyzes how financial literacy and reported willingness to take financial risk impact a household's choice of mortgage type. The results show that households reporting higher financial literacy and lower risk aversion are 55 to 97 percent more likely to opt for interest-only...

Studies noticed that individuals' cognitive, psychological, and behavioral limitations always have some influence in their everyday decision making. And the financial decisions are no exceptions. Perhaps it can be affirmed that individual financial decisions do have cognitive influence. This is...

Kevin Trudeau blows the lid off the banking and credit card industries, exposing the greatest rip off of our citizens in this nation's history, then offers solutions to your debt problems while at the same time keeping more money in your pocket and using credit to build your wealth.