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Our financial behavior is deeply linked to our self-esteem, as the way we value and perceive ourselves directly affects our financial choices. Healthy self-esteem often leads to more responsible and assertive financial habits, while low self-esteem can result in unhealthy financial behaviors and self-sabotage.
When we have high self-esteem:
1. Financial self-confidence: We feel capable of making successful financial decisions and believe in our potential to achieve our financial goals.