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Locus of control and financial advice seeking

February 19, 2025Research projectsthomasTags: financial advice, locus of control

Locus of control measures the degree to which people believe that they have control over the outcome of life events. An internal believes success or failure is a result of individual abilities, efforts, or decisions. On the other hand, an external believes success or failure is largely out of one’s own control. The notion that …

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