The first principle of behavioral economics that I can relate to is that wealth and income are not the most important things or all that matters. An example of this in my life is spending extra money on healthier options when grocery shopping or eating out. My wife and I often prioritize more nutritious food options and are aware of the additional costs or expenses of this decision. Another principle of behavioral economics that I can relate to is that individuals are influenced by their peers and circumstances. An example of this in my life is my decision to join the military. My decision was strongly influenced by my circumstances, not knowing what I wanted to do in life and the decisions of friends or peers who made similar decisions. This example of my decision to join the military shows the truth of this behavioral economic principle