The Most Overlooked Aspect of Personal Finance
How economists fail to account for human nature
Published in
5 min readFeb 22, 2023
What if I told you that you are, more likely than not, better off getting a variable-rate mortgage than a fixed-rate mortgage? Let me repeat: you are better off paying different amounts for your home every other month or so than paying a fixed, consistent amount every month. Does that sound appealing to…