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- Money hoarding is the practice of holding or piling up of money or securities123. It is often driven by an unhealthy obsession or anxiety that prompts people to save more than they need23. Money hoarding is an example of an extreme form of saving that can interfere with normal functioning and well-being23.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In terms of finance, hoarding is the practice of holding or piling up of assets, namely money, goods, or securities. Preparation for future events causes individuals or companies to save up such assets.corporatefinanceinstitute.com/resources/wealth-ma…Hoarding money involves an unhealthy obsession with the accumulation of financial reserves. Just as all types of hoarding illnesses prompt people to accumulate things they don’t really need, the activity of hoarding money is likely to trigger a short-term burst of good feelings.www.smartcapitalmind.com/what-is-the-difference-…Hoarding occurs when we stockpile objects or money in order to feel safe and relieve anxiety. It’s an example of an otherwise positive behaviour — saving — taken to the extreme. Some hoard money, while others have a compulsion to hoard objects such as toilet paper, shoes or old tin cans.www.moneysense.ca/magazine-archive/seven-dea…
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WEBJan 30, 2010 · Hoarding: When stockpiling objects or money provides a sense of safety, security, and relief of anxiety. Compulsive Buying: Compulsive buying is overspending on steroids. Compulsive shoppers …
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