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Realization of the importance of saving from the financial point of view forms the crux for one to be able to be stable in life and meet varied aspirations. Digging further into the psychological aspects that influence saving behaviors of an individual brings to light the motivations and biases surrounding any financial decision. This arms
Emotional spending might be one of the biggest problems that financial stability faces. One tends to spend with impulses from feelings and not out of logic. Therefore, most of the impulse buying results from the promise of an instant reward and social pressures. Understanding psychological triggers which result in impulsive buying behavior is the key
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