High impulsivity negatively impacts financial decisions by prioritizing immediate gratification over long-term benefits, which often results in overspending and inadequate savings.

Authors

• Person: Not available Organization: CLIMB Project
  Financial Decision-Making: Psychology, Behavior & Risk Insights

Sources

• Financial Decision-Making: Psychology, Behavior & Risk Insights climbproject.org.uk CLIMB Project via serper

Referenced by nodes (2)

• impulsivity concept
• financial decision making concept