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Getting good at saving money can really turn your life around.
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Here are 5 strategies for saving money better, backed by science and psychological research. Some of it is about "saving us from ourselves", but all 5 worked very well to help us reach our lean FIRE target goals in less than 5 years.
0:00 - FIRE at 38
1:24 - #1
2:56 - #2
5:12 - #3
6:08 - #4
7:50 - #5
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The research:
Leveraging Psychological Fit to Encourage Saving Behavior www.apa.org/pubs/journals/rel...
Is Savings Automation Helpful to Liquid Savings? It Depends on Whether You Have a Savings Habit doi.org/10.1177/0743915620950216
If Money doesn’t make you happy you’re probably not spending it right scholar.harvard.edu/files/dan...
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📹 Videography & Editing ► Vitaly Voronkov & Jean Voronkova
How I retired at 38 to live in Bali ► • How I retired at 38 to...
5 Minimalist Habits that ACTUALLY made me wealthy ► • 5 Minimalist Habits th...
Getting rid of everything I owned ► • I got rid of almost ev...
My Boring Bali Life ► • My "boring" simple lif...
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#FIRE #financialfreedom #savemoney