You bring up such a good point—our families and upbringing shape our comfort with risk more than we realize. In my case, financial caution was practically a rule. But there’s a great article https://boroktimes.com/money-and-luck-the-psychology-of-risk-taking-in-different-cultures/ called Money and Luck: The Psychology of Risk-Taking in Different Cultures that helped me understand where those values come from. It covers how different cultures either encourage risk-taking as a sign of boldness or discourage it as reckless. And that mindset gets passed down through generations. I found it really helpful in understanding not only my own habits, but also why others might approach money so differently. Highly recommend it if you're thinking about how your background plays a role in your decisions.
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Wow, this explains a lot about some of the debates I’ve had with people about money. Sometimes we really do come at it from completely different angles. Super curious now to dig deeper into the cultural side.