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3min chapter
#723 - Modern Wisdom Christmas Special - Reflecting On The Wildest Year
Modern Wisdom
Automating Savings, Anchoring Bias, and Finding Enjoyment in Pursuing Goals
This chapter explores the principle of automating savings and increasing pension contributions to prevent unnecessary spending. It also discusses the concept of anchoring bias and the tendency to overcorrect when one feels they have extra money, while emphasizing the importance of finding enjoyment and ease in pursuing goals.
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