It's an interesting concept as it offers rewards for good
financial behavior rather than focusing on punishment (fees) for bad behavior.
Not exact matches
To the Fed's credit, the majority of FOMC members in January 2008 based their policy decisions on the mounting dysfunctional
behavior of the
financial markets
rather than ephemeral coincident indicators such as real GDP growth.
This plays a big role in investor
behavior: Investors have a (bad) habit of selling winners and not letting losers go because of loss aversion
rather than for logical
financial reasons.
«The dominant determinants of long - term
financial success are not market returns but
rather [your]
behavior.»
It's better to establish a clear understanding of when and how the loan must be repaid,
rather than risk damaging your relationship in the long run with an unpaid debt — or enabling irresponsible
financial behavior from your child.
Rather, this process requires disciplined
financial behavior for a reasonable time period.