Question

1. How can a person's values and experiences affect how they make
financial decisions?
* 1 point
Personal values and experiences are generally the same for most people across the
board, which is why we all spend and save similarly
Personal values and experiences differ based on each person, which explains why
people make different decisions around money
Personal values and experiences fluctuate every few weeks, which can cause
someone to spend and save in dramatically different ways over the course of a
year
O
Personal values and experiences can change depending on what type of bank
account you have, which determines how you spend and save your money

Answer 1

The  person's values and experiences affect how they make financial decisions is that Personal values and experiences differ based on each person, which explains why people make different decisions around money.

How do your personal values influence your decisions?

The term Values, goals, as well as cultural influences do possess a big effect on how people tend to  handle money such as spending, borrowing, and investing.

Note that if people make decisions and take actions that are known to often  honor our values, we are said to have made the  best decision that is able to maximize our feelings in regards to our satisfaction and fulfillment.

therefore, The  person's values and experiences affect how they make financial decisions is that Personal values and experiences differ based on each person, which explains why people make different decisions around money.

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