7 Behaviors That Silently Affect The Way We Handle Money

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Judul : 7 Behaviors That Silently Affect The Way We Handle Money
Link : 7 Behaviors That Silently Affect The Way We Handle Money

Our mind is a funny thing sometimes. The same reality, if perceived differently can result in different decisions or outcomes. What do I mean?

Take for example the money in your wallet. As you've probably heard, if you want to save money or just spend less, have bigger denominations in your wallet.

Now there's no reason that should be effective. After all, Php1000 is Php1000, whether it's one Php1000 bill, 2 Php500 bills, or 50 Php20 bills. But in reality it's easier for us to spend those small bills than see a Php1000 get broken down.

It's called the Denomination Effect.

And it's not the only "irrational" behavior we have when it comes to money.
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7 Behaviors That Silently Affect The Way We Handle Money

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