You, But Better
Hidden Brain
00:00
Getting Your Cash Commitment Devices to Work for You
Research shows people are more willing to save for retirement when they're offered an opportunity to save in the future. You can also set up defaults that punish future you for not meeting your gols. If future you fail to deliver on a promise, future will have to pay some large penalty by giving away a large amount of money. We stick to our goals at a higher rate when it's too costly to fail.
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