The link between selfesteem and financial behavior from "summary" of Dhan-Sampatti Ka Manovigyan (The Psychology of Money - Hindi) by मॉर्गन हाउज़ल
The way we view ourselves can greatly influence how we handle money matters. Self-esteem is the belief we have in our own worth and abilities. When it comes to finances, low self-esteem can lead to poor financial decisions. This is because individuals with low self-esteem may not believe they deserve financial stability or success. On the other hand, individuals with high self-esteem are more likely to make wise financial choices. They are confident in their abilities to manage money effectively and are more likely to set and achieve financial goals. This self-assurance can lead to be...
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