You, But Better
Hidden Brain
00:00
How to Get Cash Commitment Devices to Work for You
By recognizing you have two different people inside you and planning ahead, you can take advantage of the laziness of future you to stick to the default. You can also set up defaults that punish future you for not meeting your goals. If future you fails to deliver on a promise future you will have to pay some large penalty like giving away a large amount of money. We persist longer we stick to our goals at a higher rate when it's too costly to fail.
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