Effect of Emotions on our Money Habits

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How emotions affect money habits





We aren’t particularly rational creatures when it comes to money.

For example, my family’s recent house search left me underwhelmed—until I walked into what is now our home. I stopped dead in my tracks and knew it was the place for us, even before we’d seen the kitchen or bedrooms. When that gut-deep emotion bubbled, I made the leap into buying, a decision I never regretted.

What we want to avoid are emotional decisions that take us in the wrong direction. Here’s how your feelings can cause you to make bad financial choices—and what to do about it.

Read more: http://www.marketwatch.com/story/how...its-2015-03-13


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