Mental budgeting influences financial behaviors and financial stability, with self-control moderating these relationships.

Evidence

The Interplay of Mental Budgeting, Self-Control, and Financial Behavior: Implications for Individual Financial Well-Being (ResearchGate)

Categorization

• corroborated: 2 independent passages support this claim
• XREF: connects to: Personal financial decisions reflect deeper emotional struggles. — Hamlin Garland Munseys, A Daughter of the Middle Border, 611; Cognitive factors like financial literacy, mental budgeting, and self-control influence subjective financial well-being. — Impact of financial literacy, mental budgeting and self control on …; People with good self-control are more likely to save money, have better financial behavior, feel less anxious about finances, and have better subjective financial well-being. — Does self-control predict financial behavior and well-being? (+8 more)

Related

• Cognitive factors like financial literacy, mental budgeting, and self-control influence subjective financial well-being. (similarity 0.91)
• People with good self-control are more likely to save money, have better financial behavior, feel less anxious about finances, and have better subjective financial well-being. (similarity 0.89)

Broader Connections

• The individual’s inner mental relations mirror social relations among persons #expands (0.75) — Georg Simmel, on individuality and social forms_…, 354