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No, it’s not personal finance. But I believe many poor money choices are actually reflections of poor self-esteem. Regardless, this is an excellent collection of ideas.
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I think your right many bad choices are due to self esteem, thats an excellent article.
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I absolutely agree that poor self esteem can lead to poor money decisions. Some obvious examples include trying to keep up with the neighbors, or always needing new clothes to feel good. On the flip side, when you have good self esteem, you don’t waste your money compensating for a lack of self esteem.
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Like Bart says, “poor self-esteem can lead to poor money decisions”. Good financial techniques can be easily learned – it is not rocket science. Getting past low self-esteem, or esteem based strictly on financial resources, is 1000 times harder. Knowledge is easy to attain. Positive emotions and good behaviors are not. I say spend 90% of your effort working on yourself and 10% learning about finance.
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