Hyperbolic Discounting: Don't Discount Your Future!-Building Your Ideal Future One Piece At a Time

We may gravitate towards short-term rewards, but this tendency (known as hyperbolic discounting) can adversely influence our ability to achieve long-term goals.

Changing our mindset and viewing our future selves as part of our current self can help us to prioritize those long-term objectives.

To make progress, we must actively choose the harder options that will bring about greater rewards in time.

Small changes can make a big difference: saving money or taking a walk each day are simple steps that ultimately add up to a huge impact.