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    Welcome to Reilly Painting and Contracting, "The Home Mechanics," and Reilly Properties. We are your Cleveland home contractors who specialize in major home design projects and remodels, and minor home repairs. We also provide house rentals throughout Cleveland, Ohio.

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    "I finally got the bathroom of my dreams. JT, Marco and Mike are to be commended for their great work. My husband and I were impressed by the quality of their work. They were professional in conduct and neat. As for Dave, he is our guy. We have the utmost trust in what he says because he is honest."

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  • The Costly Effects of Your Money

    [caption id="attachment_3103" align="alignleft" width="251" caption="Stressed About Money? Join the Club"]Emotions[/caption]

     

    Money can play a huge factor in your daily mood. Not having enough to pay off bills, not having a job, feeling limited when you go out to dinner...there are many situations that involve, one way or another, your financial situation. David Futrelle of CNN Money discusses the correlation between emotions and money in his article How Your Emotions Can Cost You Money.

    If you haven't been feeling emotional about money lately, you must have an excellent yoga instructor. There have been the rolling freak-outs about unemployment, the debt, and European defaults; meanwhile, investors seem to be inflating a bubble in tech.


    George Loewenstein, a professor of economics and psychology at Carnegie Mellon, has devoted his career to figuring out how our complex and often mysterious emotions affect money and life decisions.

    His field, known as behavioral economics, is now quite trendy — it's been embraced by would-be reformers ranging from the Obama administration to Britain's Conservative Party- — but Loewenstein warns that understanding emotions doesn't lead to easy solutions.

    He recently spoke with MONEY contributing writer David Futrelle; the conversation has been edited.

    What's the most important lesson you've learned about the role of emotions in people's economic behavior?

    It's dangerous to make long-term decisions based on short-term emotions.

    So just take a deep breath before making a big money decision?

    Not exactly. Often the problem isn't that we're too emotional. It can also be that we're unemotional now and don't appreciate how emotional we're going to be in the future. I call this an empathy gap — we don't fully empathize with our future selves.

    Read more at Yahoo Finance

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