What is the Fundamental beliefs that shape and influence financial behaviors and decisions?
Financial Values
Who is someone that take a moderate approach to finance carefully managing their spending?
Balancer
What is the mental shortcuts or rules of thumb that simplify decision making processess?
Heuristics
What strategy can help spenders maintain financial health?
Budgeting
Where is L.W. Higgins located?
Marrero, Louisiana
What is the Fundamental beliefs that shape and influence behaviors and decisions?
Values
Who is someone that focuses on using their money to make more money?
Investor
What is categorize and treat money differently based on its origin or intended purpose?
Mental Accounting
What personality shy away for financial matters?
Avoider
What is Higgins School logo?
Hurricanes
What is the management of an individual's financial decisions, including budgeting, saving, spending, and planning for the future?
Personal Finance
Who is someone that prioritizes accumulation money often seeking security and stability?
Saver
What is unrecoverable cost?
Sunk Cost Fallacy
What is the primary focus of personal finance?
Align with personal values and goals
What is Higgins School mascot?
None
How are financial values first influenced in an individual's life?
Family
This person enjoys using their money to purchase products and experiences without much hesitation.
Spender
You mimic the actions, opinions, and decisions of a group is called?
Herd Mentality
What is the main concept that traditional economics relies on?
Rational Choice Theory
Who was L.W. Higgins?
Former Superintendent of Jefferson Parish Schools
How do economic conditions influence financial values and practices?
Spending and Saving
What are the distinct patterns or tendencies in how individuals perceive interact with, and manage their finances?
Money Personalities
Behavioral Economics
What is valuing something more just because you own it?
Endowment effect
What does the L. W in your school name stands for?
Lemuel Wallace