Individuals who have faced financial hardship may develop a conservative approach to finance, prioritizing savings over investments, whereas those with a background of financial stability may exhibit a greater willingness to engage in high-risk investments.

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 (1)

• financial hardship concept