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One of the keys to financial success is never to apply for a credit card.
Dissonance Theory
A psychological theory suggesting that inconsistency among beliefs, attitudes, or behaviors causes discomfort, leading individuals to change them to reduce the discomfort.
Psychological Inconsistency
A state where an individual's thoughts, feelings, and behaviors do not align, leading to internal conflict.
Theory Development
The process of creating and refining concepts and propositions to explain phenomena in a systematic way.
Deduction
is a logical process wherein specific conclusions are drawn from general principles or premises.
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