personal-finance - Concepts

Explore concepts tagged with "personal-finance"

Total concepts: 3

Concepts

Bottom-Dollar Effect - The tendency to experience greater pain and dissatisfaction from purchases that deplete our budget or remaining funds.
Cashless Effect - The tendency to spend more money when paying with cards or digital payments compared to using physical cash.
Denomination Effect - A cognitive bias where people are less likely to spend larger denominations of currency than their equivalent value in smaller denominations.