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Money is an emotional subject from "summary" of A psicologia financeira by Morgan Housel
Money is a topic that elicits a wide range of emotions from people. It can cause feelings of anxiety, fear, excitement, pride, and even guilt. Our emotions play a significant role in how we think about, manage, and interact with money. When it comes to financial decision-making, our emotions can often lead us astray. We may make impulsive decisions based on our emotions rather than rational thinking. For example, we may overspend during times of stress or anxiety, seeking temporary relief through retail therapy. On the other hand, we may also avoid making necessary financial decisions out of fear or shame. We may delay saving for retireme...
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