Psychologist Hal Hershfield discusses the emotional connection we have to our future selves and the benefits of strengthening that connection. Learn how to strike a balance and build a better relationship with your future self, while also discovering new financial opportunities. Explore the challenge of feeling fear and negativity about the future and strategies to grapple with anxiety and uncertainty.
Feeling connected to our future selves enhances financial well-being, ethical decision-making, and finding meaning in life.
Techniques like visualizing our future selves and using commitment devices help foster empathy and make decisions that benefit our future selves.
Deep dives
The Importance of Empathizing with our Future Selves
Psychologist Hal Hirschfield discusses the emotional connection we have with our future selves and the benefits of strengthening that connection. People who feel connected to their future selves are more likely to save money, exercise more, make ethical decisions, and find a sense of meaning in their lives.
The Neuroscience of Our Future Self
Studies have shown that the brain activity when thinking about our future selves resembles the brain activity when thinking about other people. This suggests that we may perceive our future selves as separate entities. People who feel more connected to their future selves are more likely to make decisions that benefit them in the long term.
The Impact of Empathy on Savings and Decision Making
Empathy towards our future selves plays a significant role in our financial well-being. People who have a stronger connection with their future selves are more likely to save money over time and make patient, value-based decisions. They are also more likely to make ethical choices when presented with opportunities to act unethically.
How to Cultivate a Stronger Connection with our Future Selves
Building a stronger connection with our future selves can be done through various techniques. This can include using commitment devices, such as visualizing our future selves, writing letters to our future selves, or using age progression technology. By making our future selves more vivid and emotional, we can foster empathy and make decisions that benefit them.
Hal Hershfield is a psychologist who studies the emotional connection we have to our “future selves." He talks with Maya about tactics we can use to strengthen this connection, and why it matters.