Riis et al. (2005) demonstrated that individuals' moods and emotional conditions can significantly affect their spending and saving behaviors, with positive feelings potentially promoting riskier investments and negative feelings, such as fear, potentially leading to excessively cautious financial choices.

Authors

• Person: Satvik Agarwal Organization: HSA Tutoring
  The Psychology Behind Financial Choices: The Role of Cognitive ...

Sources

• The Psychology Behind Financial Choices: The Role of Cognitive ... tutoring.hsa.net Satvik Agarwal · HSA Tutoring via serper

Referenced by nodes (2)

• spending concept
• investments concept