When people feel that their resources are scarce—that they don’t have enough money or time to meet their needs—they often make decisions that favor short-term gains over long-term benefits. Because of that, researchers have argued that scarcity pushes people to make myopic, impulsive decisions.
Click here for original story, Take the money now or later? Financial scarcity doesn’t lead to poor decision making, says study
Source: Phys.org