Tag Archives: Leading

Groundbreaking Global Study First to Reveal That Whether a Person Focuses on the Past, Present or Future Is a Leading Predictor of Their Financial Health

New York, NY (PRWEB) July 18, 2014

A groundbreaking new study reveals why some people make poor financial decisions while others make sound ones. Among its compelling findings: a person’s time personality – meaning whether they are stuck in the past, living hedonistically in the present or focused solely on the future – is a better predictor of financial health than their mathematical ability or financial acumen.

This first in-depth psychological study of its kind was undertaken by Philip Zimbardo, professor emeritus of psychology at Stanford University, author of more than 50 books including The Time Paradox and creator of the Zimbardo Time Perspective Inventory (ZTPI). The six-nation, 3,000-adult study was carried out in partnership with MagnifyMoney (http://www.MagnifyMoney.com), which offers consumers a simple, unbiased way to comparison-shop for financial products.

Concurrent with the study’s release, MagnifyMoney launched a new quiz that helps consumers determine their time personality and offers tools for making more savvy financial decisions.

The study looks at three major time personality categories: past-oriented, present-oriented and future-oriented.

Past-oriented:

    “Once bitten twice shy“– For example, someone who has lost money in the stock market in the past, may be more conservative – thus limiting their downside — but often misses out on potential gains.
    “Memory Hoarders” — This group of people have fond memories of the past, but tend to get stuck there – meaning they might stay with their bank or credit card out of loyalty and not get the best deal.

Present-oriented:

    “Hedonists” – This group likes to enjoy life impulsively without thinking about tomorrow and is more likely to be financially sick. They tend to buy now and think later, with no thought of future consequences – or their credit card bill.
    “Powerless”– People who feel stuck in the present are also likely to be financially sick – they tend to believe things that happen in life are out of their control, and don’t feel empowered to change their financial situation and get more out of their banks.

Future-oriented:

    “Future Trippers” — This group is singularly focused on planning for the future and are likely to make financial decisions – such as buying a house, saving or investing – because they know it’s the right thing to do. However, this group doesn’t always achieve a higher degree of financial health because they seek out advice that might not always be prudent.

“Time personality, or perspective, drives decision making in many realms – from deciding what to eat to choosing who to marry. With this study, we show clearly that it can have a profound effect on a person’s overall financial health,” says Philip Zimbardo. “The study is informative – even surprising – but what makes it truly useful to consumers are the online tools MagnifyMoney has developed to help people assess their time personality and, ultimately, make better financial choices.”

Other intriguing study findings include:

    Millennials are much less likely to rate themselves as financially literate, when compared to baby-boomers. However, more millennials have demonstrated financial health than baby-boomers.
    Of the six countries studied, the UK ranked as the most financially healthy. Meanwhile, Brazil and Italy had the highest level of present-hedonism and lower financial literacy.
    The study did not find a significant difference between males and females.

NOTE: For more information on the study results, visit http://www.magnifymoney.com.

Traditionally, the focus has been on teaching financial literacy and math skills in order to improve financial health. We believe that financial literacy is important. However, our study results show that understanding one’s time perspective is an important new factor and should be integral to literacy training,” according to Nick Clements, co-founder of MagnifyMoney. “With our time perspective quiz, we are now able to help consumers make better financial decisions that can save them thousands of dollars.”

About Professor Philip Zimbardo

Born March 23, 1933, Professor Zimbardo is a psychologist and professor emeritus at Stanford University. He is best known for his controversial Stanford Prison Experiment in 1971 that highlighted the ease with which ordinary intelligent college students were able to cross the line between good and evil when caught up in the matrix of situational and systemic forces. He has authored introductory psychology books, textbooks for college students, and other notable works, including The Lucifer Effect, The Time Paradox and the The Time Cure. He developed the Zimbardo Time Perspective Inventory (ZTPI) – integral to this latest study as well as Zimbardo’s past work.

About MagnifyMoney

MagnifyMoney was founded in 2014 by Nick Clements and Brian Karimzad, who have a combined nearly 30 years experience working in banking, including Barclaycard and Citigroup. MagnifyMoney is a powerful free resource because its personalized side-by-side comparisons of banking and credit union products are free, unbiased and easy to navigate. With the proprietary Magnify Transparency Score, banking and credit card products are rated on their simplicity, making it easy for consumers to quickly evaluate which products have the least amount of fine print. MagnifyMoney is headquartered in New York, NY.

For more media information, contact:

Lisa Hendrickson, Commstrat

516-767-8390

lisa(at)commstrat(dot)com







Find More Best Ways To Make Money Online Press Releases

gI_61488_image004

United Patients Group – Leading Medical Cannabis Information Website Simplifies Current Cannabis Laws By State


San Francisco, CA (PRWEB) July 12, 2014

Cannabis legislation has been all over the news lately. New York just became the twenty-third state to legalize medical cannabis, and a day later, Washington state’s first recreational marijuana dispensaries opened their doors. Activists have successfully brought cannabis-related initiatives to the November ballot in three states and Washington, DC, and many other state legislatures are working on relaxing cannabis regulations.

In light of all these changes, United Patients Group thought it would be a good time to put together a comprehensive list of which states allow medical cannabis, which states allow recreational cannabis, and which states have pending legislation or ballot initiatives in 2014.

“Cannabis laws vary tremendously from state to state, and they have been changing faster than ever in recent years,” says John Malanca, founder and owner of United Patients Group, a trusted advocate and news source for medical cannabis patients. “We wanted to give a comprehensive overview of where each state stands and where each state is headed.”

Colorado and Washington are currently the only two states that regulate and tax recreational cannabis use. Since the law went into effect on January 1, Colorado has collected $ 11 million in tax revenue to fund education. Washington dispensaries opened on Tuesday, and the state is expecting to reap millions in taxes to fund its healthcare plan and the General Fund.

Three state legislatures passed medical marijuana bills this year: Minnesota on May 30, Maryland on June 1, and New York on July 5. This brings the total number of states that allow legal access to medical cannabis up to twenty-three states plus Washington, DC.

“It has been an incredible year for medical cannabis—and the year is only half over!” exclaims Malanca. “As more people become educated about the benefits of cannabis for treating a wide array of serious ailments, it becomes impossible to deny patients access to the medicine that helps them most.”

Even conservative states that have remained staunchly anti-cannabis have started to relax their stance a bit. This year, eleven states approved the use of a non-psychoactive cannabis derivative, CBD oil, to treat childhood epilepsy. After an affecting series of reports by Dr. Sanjay Gupta on CNN about how this oil was the only medicine that worked for a group of children with severe epilepsy, governors in Alabama, Florida, Iowa, Kentucky, Mississippi, South Carolina, Tennessee, Utah and Wisconsin signed bills that allow its use. Legislatures in Missouri and North Carolina have approved similar bills, and the governors are expected to sign them soon.

“We applaud these states for recognizing that these children deserve access to medicine that makes an incredible difference to their seizures. We want to point out, however, that many parents find medicine that has more THC in it to be even more effective,” notes Malanca. “And while CBD oil helps with epilepsy, different strains and extracts of cannabis are effective at treating other diseases—including cancer, Alzheimer’s, fibromyalgia, depression, and many others. All patients in these states deserve full access to medical cannabis.”

Looking to the rest of 2014, United Patients Group sees promising activity all over the country. This November, voters in Alaska, DC, and Oregon will have the opportunity to legalize recreational cannabis, which will be regulated and taxed similarly to Colorado and Washington. Voters in Florida will have the opportunity to legalize medical cannabis.

State legislatures are working on cannabis laws, too. This session, many states have considered or are considering legalizing medical marijuana, treating cannabis like alcohol, reducing penalties for marijuana possession, and allowing industrial hemp.

Malanca concludes, “It’s heartening to see that so many states are taking steps to change their unjust cannabis laws, but we still have a lot of work to do to make sure that all Americans can have safe, legal access to the medicine they need.”

About UnitedPatientsGroup.com

UnitedPatientsGroup.com is a discreet, safe, and professional online medical cannabis information resource for prospective and current patients, caregivers, and medicinal cannabis industry professionals.

While most online medical marijuana sites cater to patients already familiar with medical marijuana, the UnitedPatientsGroup.com website is a comprehensive and easy-to-use information source for people of all ages and experience levels, from novice medical cannabis users to experienced industry professionals. The site’s News, Resource, and Blog pages introduce new patients to the ins and outs of medical marijuana healthcare, while helping experienced providers stay abreast of the latest developments in THC and CBD therapies.

A complimentary Five Star-rated United Patients Group medical marijuana app is available on the iTunes app store for iPhone 3GS, iPhone 4, iPhone 4S, iPhone 5, iPod touch (3rd generation), iPod touch (4th generation) and any iPad.







More How To Be Successful Press Releases

gI_58871_pixilstudio-rmaf2-060

Audiogon.com Relaunches Industry Leading Audio Bluebook for High-End Audio Equipment


Greenville, SC (PRWEB) February 19, 2014

Audiogon.com, The High-End Audio Community, today announced the launch of its all new Audio Bluebook (http://bluebook.audiogon.com), a comprehensive directory of pricing data for high-end audio and related equipment. Audio Bluebook features more than 3,000 brands and 35,000 individual products with nearly 300,000 individual price points.

“Setting the right price when listing an item for sale at Audiogon.com is critical,” said Lindsey Schulz, Chief Operating Officer. “Too high and it won’t sell. Too low and you leave money on the table. Audio Bluebook shows you a recommended Private Party price, Trade-In value and our proprietary Agon Average, all based on the largest repository of historical pricing data for high-end audio equipment available online today.”

In addition to leveraging data gathered from Audiogon.com listings dating back to its inception in 1997, Audio Bluebook imports prices from the more than 500 items listed for sale at Audiogon.com every day.

Access to Audio Bluebook is offered via monthly ($ 19.99) and annual ($ 99.99) subscriptions or via a one time lookup ($ 4.99). Additionally, Audiogon has integrated Audio Bluebook directly into it’s listing process, making it easier than ever to determine the market price for whatever you are selling.

“Audiogon’s Audio Bluebook has taken a huge leap forward recently in its functionality and ease of use,” commented Andres Sauceda, General Manager of Hanson Audio Video (http://www.hansonav.com). “I use it on a daily basis, not only to know what the market value is for an item, but to have the inside information I need to decide if I should make an offer or hold out. As a dealer, Audio Bluebook is a critical, must-have tool and it will remain part of my recipe for success.”

For more information about Audio Bluebook, please contact Lindsey Schulz via email at media(at)audiogon(dot)com.







Related Tools For Success Press Releases