You don't have to be rich to save money: On the relationship between objective versus subjective financial situation and having savings.

Saving is an important financial behavior that provides an individual with psychological security and boosts his/her overall sense of well-being. For this reason, scientists and practitioners have attempted to understand why some people save when others do not. One of the most common explanations fo...

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Bibliographic Details
Main Authors: Dominika Maison, Marta Marchlewska, Katarzyna Sekścińska, Joanna Rudzinska-Wojciechowska, Filip Łozowski
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2019-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0214396