# PhD candidate Sung Lee's research on overspending messages and personal finance management is referenced

1 School News July 11, 2019 ![Market Screener logo](/sites/default/files/styles/246w/public/assets/images/Market-Screener-logo-feature.jpg?itok=tFJPy8mR)>

Excerpt from [Market Screener](https://www.marketscreener.com/TORONTO-DOMINION-BANK-1411888/news/Toronto-Dominion-Bank-Six-things-I-learned-about-my-spending-habits-from-using-a-financial-trackin-28882761/) -- "If you find the notifications are disruptive, distracting or are causing information overload, you can always turn them off in the app's Preferences settings. But a 2019 research study by NYU Stern School of Business (about how app users manage their personal finances when sent overspending messages), has shown that these technological nudges lead to a decline in spending."

[Read more](https://www.marketscreener.com/TORONTO-DOMINION-BANK-1411888/news/Toronto-Dominion-Bank-Six-things-I-learned-about-my-spending-habits-from-using-a-financial-trackin-28882761/)