Cafe Personal Finance

Watch how Luxury automatic watches are put together.

Psychological literature shows that we are more sensitive to small losses and than small gains, with most people valuing a loss around 1.5-2.5 times as much as a gain. This means that we often turn down reasonable opportunities for fear of the loss. However over the course of our lives we will be exposed to many risks and opportunities and this invariably means that taking every small reasonable bet will leave us better off than saying no to all of them.

The value of money is determined by how much (or how little) of it is in circulation. But who makes that decision, and how does their choice affect the economy at large? Doug Levinson takes a trip into the United States Federal Reserve, examining how the people who work there aim to balance the value of the dollar to prevent inflation or deflation.

This is a new way for bad guys to steal your ATM pin code using an iPhone without you noticing at all BUT there is a really simple way to prevent it from happening.

Neil deGrasse Tyson explains how wealthy is Microsoft founder Bill Gates. An excerpt from University of Washington in 2011.

Check out one of Wheel of Fortune's most amazing solves!

We often hear it, but how true is the phrase 'Money can't buy happiness'? Is there a correlation between the two, and if so, what can we learn from it? It turns out, if you think money and happiness are exclusive, you simply aren't spending it right.