Understanding our emotions around money is crucial from "summary" of Dhan-Sampatti Ka Manovigyan (The Psychology of Money - Hindi) by मॉर्गन हाउज़ल
Understanding our emotions around money is crucial because it impacts our financial decisions in ways we may not even realize. Our attitudes, beliefs, and experiences related to money can have a significant influence on how we manage our finances. For example, if we have a fear of scarcity due to past experiences of financial insecurity, we may hoard money and avoid taking necessary risks to grow our wealth.
Likewise, if we have a tendency to overspend as a way of seeking comfort or validation, we may find ourselves in a cycle of debt and financial instability. By becoming more aware of our emotional triggers around money, we can begin to make more conscious choices about how we earn, save, and spend. This self-awareness is the first step towards developing a healthier relationship with money.
Moreover, understanding our emotions around money can als...
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