Can somebody help me paraphrase this? - "So this notion of loss aversion kicks in when it comes to savings too, because people,

Question

tatiyna

3 years ago

9

Can somebody help me paraphrase this? - "So this notion of loss aversion kicks in when it comes to savings too, because people,

mentally and emotionally and intuitively frame savings as a loss because I have to cut my spending."

English

1 answer:

Diano4ka-milaya [45] · Answer 1 · 2022-02-12T21:55:44+03:00

Diano4ka-milaya [45]3 years ago

4 0

The notion of loss has a kick to the aversion savings too. most people have due to this have mentally and emotionally and intuitively frame savings as a loss, beacuase there's savings that have to be cut