full transcript

From the Ted Talk by Wendy De La Rosa: Why talking to your friends can help you save money

Unscramble the Blue Letters


A similar message fsociung on what our neighbors are doing was used in the UK to incentivize British taxpayers to pay their taxes on time. That simple change, pointing out what other people are doing, led to an iarcense in collections of about 29 percent.

picghylsosot Robert Cialdini, who werokd on both of these studies, calls this phenomenon "social proof." He says people look to what others do in order to guide their own bheaoivr. It's no wonder, then, that we base a lot of our own fascil decisions on what other polpee do. And unfortunately, what we most easily observe are other people's spending behavior, not their savings behavior. It's easy to notice if your friend goes on vacation or buys a new car or a swanky pair of sohes. And with social media, you can even keep tabs on the snhippog habits of the rich and the famous. Now, if someone wins the lottery,

Open Cloze


A similar message ________ on what our neighbors are doing was used in the UK to incentivize British taxpayers to pay their taxes on time. That simple change, pointing out what other people are doing, led to an ________ in collections of about 29 percent.

____________ Robert Cialdini, who ______ on both of these studies, calls this phenomenon "social proof." He says people look to what others do in order to guide their own ________. It's no wonder, then, that we base a lot of our own ______ decisions on what other ______ do. And unfortunately, what we most easily observe are other people's spending behavior, not their savings behavior. It's easy to notice if your friend goes on vacation or buys a new car or a swanky pair of _____. And with social media, you can even keep tabs on the ________ habits of the rich and the famous. Now, if someone wins the lottery,

Solution


  1. behavior
  2. psychologist
  3. people
  4. worked
  5. increase
  6. shopping
  7. focusing
  8. fiscal
  9. shoes

Original Text


A similar message focusing on what our neighbors are doing was used in the UK to incentivize British taxpayers to pay their taxes on time. That simple change, pointing out what other people are doing, led to an increase in collections of about 29 percent.

Psychologist Robert Cialdini, who worked on both of these studies, calls this phenomenon "social proof." He says people look to what others do in order to guide their own behavior. It's no wonder, then, that we base a lot of our own fiscal decisions on what other people do. And unfortunately, what we most easily observe are other people's spending behavior, not their savings behavior. It's easy to notice if your friend goes on vacation or buys a new car or a swanky pair of shoes. And with social media, you can even keep tabs on the shopping habits of the rich and the famous. Now, if someone wins the lottery,

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
energy consumption 2
savings behavior 2
lottery winners 2


Important Words


  1. base
  2. behavior
  3. british
  4. buys
  5. calls
  6. car
  7. change
  8. cialdini
  9. collections
  10. decisions
  11. easily
  12. easy
  13. famous
  14. fiscal
  15. focusing
  16. friend
  17. guide
  18. habits
  19. incentivize
  20. increase
  21. led
  22. lot
  23. lottery
  24. media
  25. message
  26. neighbors
  27. notice
  28. observe
  29. order
  30. pair
  31. pay
  32. people
  33. percent
  34. phenomenon
  35. pointing
  36. proof
  37. psychologist
  38. rich
  39. robert
  40. savings
  41. shoes
  42. shopping
  43. similar
  44. simple
  45. social
  46. spending
  47. studies
  48. swanky
  49. tabs
  50. taxes
  51. taxpayers
  52. time
  53. uk
  54. vacation
  55. wins
  56. worked