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Does Daily Pay Help People Manage their Finances Better? New Study Says No

Does Daily Pay Help People Manage their Finances Better? New Study Says No

New study conducted by Wharton professor shows higher payment frequency leads to higher spending and higher rates of overdraft

This Week in Business · Wharton Podcast Network

June 16, 202211m 41s

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Show Notes

Wendy De La Rosa, Assistant Professor of Marketing at the Wharton School, talks about her new research that shows workers who are paid daily and access their wages on demand often develop a false sense of wealth and spend more.




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