Dr. Dan Geller is a behavioral finance scientist and the author of Money Anxiety.� In his research, Dr. Geller examined the financial habits of consumers during various economic cycles and found strong and significant linear relations between consumers� level of financial anxiety and their savings and spending habits.His research in financial behavior, or Behavioralogy, shows that people repeat their financial behavior in a highly predictable manner. People �orient� themselves to the state of the economy by repeating 6 financial-behavior patterns � 3 related to their spending and 3 related to their savings.� Each financial behavior pattern corresponds to the stage in the economic cycle i.e. recession, recovery, expansion and decline.Dr. Geller earned his Doctoral degree from Touro University, and has published numerous peer-reviewed articles in scientific publications.
Like what you see? Make sure you're getting it all
Independent and authoritative analysis and perspective for the banking industry