New York, May 22 IANS | 5 months ago

If you thought opening a joint account with your thrifty wife would restrain you from frittering away money on luxuries, you may be building castles in the air.


How a couple succeeds or fails in saving money through joint endeavours depends on levels of self-control of both partners, not one, a new study showed.

"Our findings might be particularly surprising to the person who incorrectly believes that making joint decisions with someone with more self-control will allow them to exhibit better restraint," said Cait Poynor Lamberton from the University of Pittsburgh in the US.

"As it turns out, self-control cannot be outsourced to someone else," Lamberton noted.

The researchers observed when both people in a relationship have high levels of self-control, they are better able to save more money, buy healthier foods and stick to tasks longer than in a relationship where both partners have low levels of self-control.

Interestingly, when one person in a relationship has high self-control and the other has low self-control, the couple generally makes joint decisions similar to those where both partners have low self-control.

The findings were the result of a series of studies involving both real-world couples and pairs of students in a laboratory setting.

The study appeared in the Journal of Consumer Research.

(Posted on 22-05-2014)

Share This Page:


Post your comments


Information on States of India:

Andaman Nicobar | Andhra Pradesh | Arunachal Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal

INDIA REGIONAL MAPS:

Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |

KERALA TRAVEL MAPS:

Alappuzha | Ernakulam | Idukki | Kannur | Kasaragod | Kollam | Kottayam | Kozhikode | Malappuram | Palakkad | Pathanamthitta | Thiruvananthapuram | Thrissur | Wayanad |

TRAVEL MAPS OF INDIA:

Airports of India | Districts of India | India Pilgrim Centers | Tourism Map of India | National Highways in India | India Railway Routes |

INDIA CITY MAPS:

Ahmadabad | Bangalore | Chennai | Coimbatore | Delhi | Hyderabad/Secunderabad | Kochi | Kolkata | Mumbai | Pondicherry | Pune | Surat |