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4min chapter
Psychology Behind Bad Money Decisions
Networth and Chill with Your Rich BFF
Status Quo Bias: How to Counteract It
Present bias can lead to overspending and it's going to make saving really, really challenging. If you want to have fun today, you're going to pay for it in the future. Status quo bias is just when people say getting started is the hardest part. You can very much start small things like switching from a traditional savings account to a high yield savings account or calling your credit card company to ask for a credit limit.
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