LOK 📖

    Peoples’ Perspective On Money Varies By Experience

    People have certain preconceptions about topics like money, based on their experiences

    • Money is ever-changing and circumstances vary, as such ideals change from person to person
      • People try to understand finance from the small fraction that they truly know about it

    What seems illogical on one end is perfectly logical at another

    • Investing in lottery tickets may seem an irrational decision, yet for the poor it is the only means of escape in their perspective

    LOK: 4. Management
    RL: Psychology of money
    IDEAS:     Personal finance