I used to think the people with the best money habits had amazing willpower. Nope, science shows otherwise! It turns out many successful people don’t need to flex willpower at all. Finding the right “cue” is key.
Let’s do this!
Today’s newsletter is 628 words, 3 minutes.
1 big thing: Clue into cues
Yeah, willpower is overrated. We try to depend on self-control to reduce spending or even improve our nutrition, but over time willpower wanes, self-control depletes, and we succumb to our temptations. The struggle is real.
If you’re beating yourself up about a lack of willpower, stop it! Our brains aren’t wired that way.
We’re wired to respond to cues. A cue is an event or thing or process that triggers habits or behaviors. Cues can create good habits. Cues can also reinforce bad habits.
Any time we do something repeatedly, our pre-programmed habits take over. And while building better habits isn’t easy, it’s not super complicated either. Try any or all of these 3 ways to disrupt your routine:
Add a cue to make a good habit easier
Add friction to make a bad habit harder
Automate to put good decisions on repeat
People with good financial habits put good choices on autopilot, so they don’t have to use willpower to make better decisions. And while bad habits are hard to break, research shows you can succeed by removing whatever triggers those bad money habits and turn them into good ones.
Happier habits to you all!
Love love love,
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