Скачать или смотреть How do Depressed People Manage Money? 1 Minute Finance | Depression & Money Management

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Transcript:
The relation between Economics & Depression
We know very little about the intersection between economics and depression. But we now know from this latest research that households with a member suffering from depression exhibit striking differences in shopping behavior: they spend less overall, visit grocery stores less and convenience stores more frequently, and spend a smaller share of their baskets on fresh produce and alcohol, but a larger share on tobacco. They spend similar shares on unhealthy foods like cakes, chocolate, and chips. The same purchase behaviors apply to your financial products and decisions about money. Investors suffering from mental health issues will reduce their focus on long-term slow-burn investments like property bonds and move to highly liquid short-term activities like day trading and credit cards. But your personal finance has an advantage that your groceries do not, you can automate them and pre-commit, like with an SIP.