Improving Financial Willpower
(New York Times) — One of my friends has been meaning to fax his health insurance company to stop an overcharge worth hundreds of dollars each month. When I asked him why it’s taking so long to fix it, he gave me an astonishing reason: He said he didn’t have a fax machine. It’d be easy to point and laugh at him for being lazy. But he’s a successful entrepreneur. So why does he find it so hard to motivate himself? Many of us think we make rational financial decisions. We believe we’re in control. “If I just try harder,” we say, “I could save $100 more each month.”
SEE ALSO
- Watch Law Roach Gag Over Zendaya & Anna Sawai’s Almost-Identical Met Gala Looks — ‘I’m Glad We Came Early’
- Favorite Moments From ‘The Bomb Fashion Show’ During New York Fashion Week
- Former Pro Footballer Ryan Clark Calls Diddy A ‘B—-‘ For ‘Stomping’ Out Cassie In Video
- SZA Awarded Hal David Starlight Award For Songwriting
- Why Actress Amber Iman Calls ‘Goddess’ A Love Letter To Black Women In Theater [Exclusive]
