November 27, 2018

4 Mental Tricks to Help You Save More for Retirement

"How do you psych yourself up to save money for a goal that’s decades away, like retirement? With a little mental trickery."
"Amassing the high dollar amounts needed for your golden years takes a long-term commitment. Sticking to your resolve — both financially and emotionally — requires strategies for dealing with a steady stream of near-term spending temptations and other expenses (planned and otherwise).
Here are some ways to help you stay strong." from Dayana Yochim writing for NerdWallet. Details at: https://www.nerdwallet.com/blog/investing/4-mental-tricks-to-help-you-save-more-for-retirement/

1. Paint a detailed picture of the life you want to live

2. Give your willpower muscle a break

3. Calculate the cost of today’s spending decisions

4. Reward your selfless behavior

 

 

 

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