Excitement during positive economic times can lead to overspending or lifestyle inflation, while stress during uncertainty may prompt individuals to hold excessive cash or avoid necessary financial steps.

Authors

• Person: Not available Organization: The Wealth Guardians
  Understanding the Human Side of Money: Behavioral Finance Basics

Sources

• Understanding the Human Side of Money: Behavioral Finance Basics www.thewealthguardians.com The Wealth Guardians via serper

Referenced by nodes (2)

• stress concept
• cash concept