Want to manage your money better? Researchers from the Stanford Graduate School of Business have a new one for you: Embrace the power trip. Their new study found that people who feel powerful (defined by having control over valuable resources) are more likely to save money as a means of maintaining that power. And, if you’re not feeling very powerful at the moment? Don’t fret. Fortunately, feelings of power are subjective and malleable — so, there’s still room to change your mind, and therefore your savings habits.
One simple way to save more money
