The chapter delves into the concept of breaking up events into distinct parts to make life more memorable, emphasizing the importance of challenging experiences over mundane ones. It discusses creating 'memory dividends' and balancing living in the present moment with creating memories for the future, exploring ways to cherish moments with loved ones and reflect on past memories through practices like 'homework for life' and using photos to resurface memories. Additionally, it touches upon the value of doing hard things to build self-confidence, facing challenges, and building resilience through overcoming adversities.

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