The Role of Social and Cultural Influences

Personal values can be ethical, moral, ideological, social, or even aesthetic. Values are mostly transmitted through parenting, but our cultural environment also plays a role.

For instance, American parents tend to value intellectual knowledge; Swedish parents value s...

1. Money is not just a tool for buying things, it also shapes our emotions & attitudes in ways that can be both positive and negative.
2. The way we think about money is often irrational & influenced by emotions, which can lead to poor financial decisions.
3. The role of luck in finan...

Metaphors, like “trickle-down economics” and “red wall,” help frame the issues and also our responses to social and political discussions.

When politicians compare the national economy to a household budget, they want us to think in specific ways about national debt or policies of aust...