People aged 60 and over are more likely to be influenced by others' impulsive financial decisions than younger adults. Researchers found that older participants, especially those with higher emotional empathy, were more likely to change their financial preferences after observing impulsive behavior. In contrast, younger adults tended to stick with their original financial choices.
People aged 60 and over are more likely to be influenced by others' impulsive financial decisions than younger adults. Researchers found that older participants, especially those with higher emotional empathy, were more likely to change their financial preferences after observing impulsive behavior. In contrast, younger adults tended to stick with their original financial choices.
Share this Article
Recommended