# Prof. Vicki Morwitz's research on budgeting is cited

1 Faculty News March 31, 2015 ![U.S. News and World Report logo](/sites/default/files/styles/246w/public/assets/images/con_030501.jpg?itok=1EF-s0wb)>

Excerpt from [US News](http://money.usnews.com/money/personal-finance/articles/2015/03/31/10-steps-to-a-smarter-spending-plan) -- "Budgeting for the year is better largely because people feel less confident in monthly estimates, so they tend to add more of a buffer for unexpected expenses, according to research by University of Southern California’s Gulden Ulkumen, Cornell University's Manoj Thomas​ and New York University’s [Vicki Morwitz](http://www.stern.nyu.edu/faculty/bio/vicki-morwitz)​. The professors suggest taking a longer term view for a more accurate budget that you can stick with."

[Read more](http://money.usnews.com/money/personal-finance/articles/2015/03/31/10-steps-to-a-smarter-spending-plan)