answersLogoWhite

0


Best Answer

Peers can influence you to spend money that you would not spend if it were not for the peer pressure. On the other hand, peers can influence you positively by encouraging you not to spend money unwisely.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How can peer pressure affect your money management?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What effect does the organisation commercial to which you belong have on the interaction?

The aim of this exercise is to explore the social and environmental influences that affect interaction, often without the user being aware of them. The particular influences will vary from environment to environment, but we encourage you to consider some or all of the following.work context - Is the work place shared? Are the machines shared?peer pressure - Is there pressure to compete or impress?management pressure - Is there pressure to achieve? Is the interaction carried out in the presence of management?motivation - What motivates the interaction? Does this encourage or discourage experimentation?organizational goals - What is the objective of the organization? (profit? education? etc.) How does this affect the interaction?organizational decision making - Who determines the systems that you use? Do you have any choice or influence? Does this influence the way you interact with the system?


What companies loan money to someone with a low credit score?

You can try prosper.com It's an awesome website that offers peer to peer lending.


Best available secured peer to peer lending, worthwhile.?

Peer to peer lending was originally designed to create personal connections, however, it can be quite problematic. Specifically, with peer to peer lending the chances of money loss is high and the amount higher than with other loans. As such, it is not worth it. Some companies you can find price quotes and reviews on include the Lending Club.


What is social lending used for?

Social lending is used to lend money to other peers around you without going through a bank or other financial institution in order to get the money. There are peer to peer lending websites in order to practice social lending.


What options are there for getting a loan with bad credit?

Credit unions may be more willing to lend money to those with bad credit. Also consider peer to peer lending options and family and friends that might be more willing to lend you money than financial institutions. Finally, some institutions may consider lending you money if you offer something of value as collateral.

Related questions

How does peer pressure affect teens life?

Peer pressure can affect them. They might be willing to do anything that there peers are doing and it could go against there parents wishes. Peer pressure may lead to teens doing what there peers are doing and it may affect them in the future.


How does peer pressure affect body image and self esteem?

Engaging in negative habits as a result of peer pressure affect body image and self esteem. Activities such as drugs can contribute to this.


Could peer pressure cause depression?

Peer pressure can affect many people in many different ways. If a person is under peer pressure for a period of time this can lead to depression and other symptoms of bullying.


How does peer pressure affect the way you dress?

Peer pressure can affect the way you dress if your friend picks on your dressing style. If he/she says something good, it will encourage you to dress well next time.


What are the types of pressure?

They're 5 Kinds of Peer Pressure These are it ~ Negative Peer Pressure , Positive Peer Pressure , Heavy Peer Pressure , Indirect Peer Pressure , and Friendly Peer Pressure


Who experience peer pressure?

Everyone experiences peer pressure, but it is more prevalent for young people when they are growing up. The desire to have friends and "fit in" makes peer pressure a major issue at that time of life. Unfortunately, when young, people do not realize how much succumbing to negative peer pressure can affect them the rest of their lives.


Is teasing a peer pressure?

Yes, teasing is a peer pressure it is a negative peer pressure...


What are some of the typical forms of peer pressure?

Drug peer pressure, peer pressure related with alcohol, sexual peer pressure, and even peer pressure to break the law, are some of the most typical ones.


Do you think peer pressure is a case of pregnancy?

It Depends on the type of peer pressure; It it is negative peer pressure then yes but if it is positive peer pressure and your not under age then no.


Is peer pressure and peer influence the same?

Peer pressure is the influence of a peer group that exerts (mostly) negative habits unto an individual. Peer influence is an element of peer pressure. Without the pressure, you wouldn't have the influence.


What are the different kinds of peer pressure?

yes there are. there is positive peer pressure, and negative peer pressure. going and doing drugs is negative peer pressure, whereas going to do something fun and exciting is positive peer pressure.


Is How peer pressure can affect your choices considered scientific?

the way peer pressure can affect ones choices is psychological and psychology is considered a social science. also, sociology is another social science that studies how people influence each other as well.