i f i t w a s e a s y e v e r y o n e w o u l d d o i t Food for thought….. 💰 The feeling in the long run from sustainable outcome has to far outweigh the ego need for instant gratification and the satisfaction that comes with making impulsive decisions. 💰 Is impulsivity independent of individual’s risk aversion, that is, is it purely a consequence of ones desire for immediate gratification? 💰 Or is impulsivity at least somewhat correlating with risk aversion? 💰 Thus far, empirical tests have not been conclusive, with researchers finding no correlation or weakly positive correlation between impulsivity and risk aversion. 💰 (Myerson et al., 2003; Ohmura et al., 2006; Shead and Hodgins, 2009). . . 🫶 . . #riskmanagement #businesssavvy #womeninbusiness #economicempowerment #femaleentrepreneurs #startuplife #angelinvesting #financialgrowth #smartmoneymoves #businessgrowth #investinwomen #wealthbuilding #economicindependence #startupfunding #ᴍᴏɴᴇʏᴍɪɴᴅsᴇᴛ