Effect Mental Accounting Family Spending and Her Role in Investment Decisions
Naser Mohsin Jabur
Keywords: Mental Accounting, Investment Decisions.
Abstract
Clarifying the impact categorization process that underpins mental accounting is the main objective of the current investigation. Extend discussion of methods for classifying money, such as grouping funds based on their origins and goals and pooling assets based on time create revenue or loss, as one investigates the implementation of these ideas. And it is accomplished by initially beginning the budget planning process and identifying the costs and advantages of applying this strategy. Along with discussing specific spending choices, this article also examines how the mental accounting of assets and debt affects perceptions of wealth, borrowing and debt avoidance options, definitional implications for the mental accounting of investments, the significance of opening and closing accounts, and options for the assets held in the account.
