Behavioral scientist. Marketing professor @MichiganRoss. Author @StMartinsPress: TIGHTWADS AND SPENDTHRIFTS, available January 2024.

Ann Arbor
I’m excited to share that my book, Tightwads and Spendthrifts, is coming out January 9th! I wrote it to help couples navigate tricky financial decisions so they can live a happier life. I hope you’ll consider pre-ordering: read.macmillan.com/lp/tightw…
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Scott Rick retweeted
Oil prices are most greatly affected by OPEC, inventory and geopolitics, but most consumers say gas prices affect their view of the economy. One reason is likely the way gas prices are displayed, on huge, neon signs and on the screen on the actual pump. “It’s very visceral," said Scott Rick, professor of marketing @MichiganRoss for @Marketplace. 🔗 Read more: myumi.ch/3RAgV
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Today's SJDM Featured Paper is: Sun, C., Cryder, C., & Rick, S. (2025). A Co-Branding Conundrum: Consumers Underuse Co-Branded Credit Cards Outside of Their Featured Brands. SSRN. papers.ssrn.com/abstract=449…
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Scott Rick retweeted
A lot of couples got engaged this weekend! Should they get a prenup? I have some new evidence that speaks to this question. At #SPSP2026 in Chicago, I'll present my paper, "The Experience of Living with a Prenup: Expectations vs. Reality." Hope to see you there! @SPSPnews
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In The Wall Street Journal, @scottianrick says the 0.01% rule may ease guilt over small indulgences, though it could be abused. The rule states that you don’t need to stress about a purchase if the amount at stake is 0.01% or less of your net worth. wsj.com/personal-finance/sma…
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"Shopping when sad can help to alleviate the sadness faster than other methods you might be tempted to try," confirms Scott Rick, an associate marketing professor and consumer behavior expert at the University of Michigan. money.com/is-retail-therapy-…
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The Two Types of Money People "For financial advisors, understanding the psychology of your clients is crucial when it comes to saving and spending money." buff.ly/hC3TQ79 by @awealthofcs
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There are 2 types of money problems: 1. People who spend too much 2. People who save too much I talked to @scottianrick about the psychology of spending and how financial advisors can help their clients enjoy their money: awealthofcommonsense.com/202…
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Your Clients’ Biggest Risk is Spending Too Little | Ben with Benefits @awealthofcs sits down with @scottianrick, author of Tightwads & Spendthrifts to discuss why most financial advice ignores the emotional side of money, how your spending habits are shaped, why helping clients actually spend their wealth is one of the biggest challenges for financial advisors today and more! ⏯️youtube.com/watch?v=oAt6xHZP… Sponsored by: @Betterment Advisor Solutions
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Behavioral scientist Scott Rick dives into the emotional and psychological sides of money in relationships. This book helps couples understand their financial personalities and build a plan that works for both sides of the spending spectrum. A must-read for anyone who’s ever argued with their partner over money. @scottianrick
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Recently, #MichiganRoss Prof. @scottianrick shared how parents might answer kids' questions about money with @nytimes: "it’s fine to admit you’re not an expert, you might say: 'I'd like to get a better handle on that myself. Can we look into it together?'" nytimes.com/2025/04/25/your-…
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Nine out of 10 couples think they're on the same page as their spouse when it comes to money. In reality? Not so much. My latest for the @nytimes. H/t @ramit, @RyanViktorin @Fidelity, @dougboneparth, @scottianrick, Marguerita Cheng @BlueOceanGW & financial therapist Aja Evans
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Happy Galentine's Day! 💗 Although Galentine’s is in its infancy compared to Valentine’s Day, it is not just “some crazy made-up holiday,” but rather is highlighting a want and need of consumers - #MichiganRoss Prof. @scottianrick crainsdetroit.com/restaurant…
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Scott Rick retweeted
The Best Books I Read in 2024 awealthofcommonsense.com/202…
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As the holiday #shopping season approaches its finish line, it's easy to get carried away. @scottianrick says we can help curb our spending—especially online—by setting up "speed bumps".
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We’re so ready! #amongus #Halloween
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All stocked up and ready for trick-or-treaters! 🎃
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Bracing myself 👻
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I've been collecting Tightwad-Spendthrift scores by state, among 21-40 year-olds. The map below displays how the states compare to one another. [1/2] Methodological details here: scottrick.com/wp-content/upl…
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There are several plausible explanations here. For now, I will just highlight that state TW-ST averages correlate significantly with several different measures of religiosity at the state level, with more religious states having a smaller proportion of spendthrifts. [2/2]
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