Manasha1
Active member
Money may symbolize more than simply a means of transaction; it can also represent power, security, and even our feeling of self-worth. Money psychology studies the emotional and psychological variables that impact our economic choices, such as our views toward money, saving and spending patterns, and tolerance for risk.
Economic well-being is an important notion in money psychology. The sense of security and stability that comes from feeling in control of your finances is referred to as financial well-being. It is impacted not just by objective financial indicators, but also by our money views and emotions. A person with a high salary but is continuously bothered about money, for example, may have a lower degree of financial well-being compared to someone who earns less but is incredibly stressed about money.
Economic well-being is an important notion in money psychology. The sense of security and stability that comes from feeling in control of your finances is referred to as financial well-being. It is impacted not just by objective financial indicators, but also by our money views and emotions. A person with a high salary but is continuously bothered about money, for example, may have a lower degree of financial well-being compared to someone who earns less but is incredibly stressed about money.
