# Profs. Hal Hershfield's and Priya Raghubir's research on personal finance is cited

1 Faculty News February 5, 2014 ![Business Insider logo](/sites/default/files/styles/246w/public/assets/images/business%20insider%20logo.jpg?itok=0MJSCdPh)>

Excerpt from [Business Insider](http://www.businessinsider.com/children-finance-2014-2) -- "We already know that credit cards dull 'the pain of paying' compared to cash, according to a study from NYU’s Stern School of Business, so paying with someone else’s credit card is essentially pain free—and that’s why it’s so dangerous."

[Read more](http://www.businessinsider.com/children-finance-2014-2)

Additional coverage appeared on [The Huffington Post](http://www.huffingtonpost.com/beth-kobliner/5-super-simple-money-lessons-to-teach-kids-of-all-ages_b_4733480.html?utm_hp_ref=parents&ir=Parents).