Consumers spend more money when trying to get rid of old bills

By WEEK Producer
By NBC News

Consumers spend more money when trying to get rid of old bills

November 15, 2012 Updated Nov 15, 2012 at 12:41 PM CDT

WASHINGTON, D.C. -- If you plan on spending any cash while shopping, you'll likely spend those "grubby" bills first and hold on to the "crisp" ones.  Watch out, you'll likely spend more, too.

According to a new study in the Journal of Consumer Research, people spend more to get rid of worn out bills while holding on to new currency.

The study found appearance of money can alter spending behavior and that consumers spend more to get rid of those old bills.

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