Day 357 of 365
December 23
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Psychology The Psychology of Money
Money triggers complex psychological responses. Loss aversion makes losing $100 feel worse than gaining $100 feels good. Mental accounting treats money differently based on source. Wealth doesn't increase happiness much after basic needs are met. Understanding money psychology aids decision-making.
💡 Did you know?
Lottery winners often return to their previous happiness level within a few years!
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