Eco app Eco x Zero Hash: Enabling better financial products Eco recently announced its partnership with Zero Hash. Here we provide more information about the migration.
cognitive biases Everyone struggles with inertia. This three-point framework can help you overcome it. Inertia is a powerful cognitive bias that affects all aspects of our lives. The good news: we can overcome it.
cognitive biases Avoiding unpleasant information is no way to treat your money 61% of Americans don't know the interest rate on their credit cards. This is likely due to the cognitive bias known as the ostrich effect.
cognitive biases Why we fall victim to sunk costs—and how to deal with it Classical economics teaches that humans will always make the most logical financial decisions. Sunk cost fallacy is one example of why this isn't true.
Population Finance Why a positivity mindset doesn’t always work with money The idea that mindset dictates wealth is an old but common trope. As a new economics article states, it's also a dangerous sentiment.
Eco book club How Payment Became Social Media Money is a form of communication, writes Lana Swartz. Understanding it as such changes our understanding of how it moves through societies.
cognitive biases Money illusion is a problem. We need more than intuition to combat it. Your dollar is likely not worth the same today as a year ago. The cognitive bias, money illusion, causes us to believe it is.
cognitive biases We all suffer from confirmation bias. Here’s how to change that. Confirmation bias is more pervasive today than ever due to our online lives. Here's how to overcome it.
cognitive biases How zero-sum bias obscures the real problem with money Zero-sum bias is the belief that you can only win when someone else loses. When it comes to finances, this simply isn't true.
Dark Patterns 5 dark patterns that exploit your attention—and could steal your money Dark patterns are everywhere. Here are five that you may experience—and why you should pay more attention while online.
Population Finance 5 ways where you live affects your health and longevity Life expectancy increased in the US by nine years between 1960 and 2018. Where you live, however, matters.
cognitive biases Pain is twice as worse as gain: why losses hurt so much The cognitive bias known as loss aversion states that losses hurt relatively twice as much as equivalent gains. Here's why that matters to your wallet.
cognitive biases What do you really value in life—and how do you value the right things? The endowment effect is a cognitive bias that causes us to believe our personal possessions are worth more than market value.
banking horror stories Banking horror stories: In pursuit of sanity This first in our new series of banking horror story comic strips is from an actual Eco user.
Eco book club Why are we so bad with money? (And 5 ways to get better at it.) In "The Psychology of Money," Morgan Housel offers five tips on getting better with your money.
Dark Patterns How scarcity affects your purchasing decisions—and bank account One dark pattern specifically designed to make you spend more money is scarcity. Here's how to fight back.
cognitive biases How the anchoring effect influences your financial decisions (and how to make better decisions) The anchoring effect is a cognitive bias that greatly affects your financial decision-making. Here's what to do about it.