NBC News: We Spend Grubby Bills and Keep the Crisp Ones
When it comes to money, research shows that people tend to hang on to crisp, new bills and unload ones that are crumpled, dirty and torn.
The research of Fabrizio Di Muro, marketing professor at University of Winnipeg, and Theordore Noseworthy, assistant marketing professor in UC's Carl H. Lindner College of Business (and University of Guelph), says people will spend more to get rid of worn out bills and hold on to new currency.
The study, "Money Isn't Everything, but It Helps If It Doesn't Look Used," is published in the
, and featured in a November 14, 2012 article on NBC News.com.
Read the
at NBC News.Com.
Related Stories
Gen Z is romanticizing in-person work
July 19, 2024
Many members of Gen Z are romanticizing office jobs as they gain in-person positions for the first time following years of remote work becoming more of a norm, PopSugar reported. Nadia Ibrahim-Taney, an assistant professor – educator and assistant director in career services at the University of Cincinnati's Carl H. Lindner College of Business, says it's normal and healthy for young workers to glamorize going to work.
Lindner changes designation from Master of Arts to Master of...
July 18, 2024
After a multi-year process, the master’s degree program in human resources at the Carl H. Lindner College of Business has received the Master of Science designation as approved by the University of Cincinnati Graduate College and the Ohio Department of Higher Education.
NIS program opens new horizons for international student
July 17, 2024
In his pursuit of physics and a taste for research, Akash Khanikor ventured from his hometown in India's Assam to the University of Cincinnati, drawn by the promise of hands-on exploration early in his undergraduate career as a NEXT Innovation Scholar.