An extensive literature in monetary theory has emphasized the role of money as a recordkeeping device. Money assumes this role in situations where using credit would be too costly, and some might argue that this role will diminish as the cost of information, and thus the cost of credit-based transactions, continues to fall. In this paper we investigate another use for money: the provision of pr...

money and the way people spend it may cause lots of tension among family members; therefore, it is important to concentrate on money and the way it is spent. this article aims to address how women and men treat money as well as their differences and similarities. a mixed method (field research and survey) was designed to answer this question. qualitative data was gathered by using semi structur...

OBJECTIVE Does spending money on others (prosocial spending) improve the cardiovascular health of community-dwelling older adults diagnosed with high blood pressure? METHOD In Study 1, 186 older adults diagnosed with high blood pressure participating in the Midlife in the U.S. Study (MIDUS) were examined. In Study 2, 73 older adults diagnosed with high blood pressure were assigned to spend mo...