If you know anything about behavioral economics, you're probably familiar with Nobel Laureate Richard Thaler's famous 'nudge theory'. If you're not, it is essentially a body of research supporting the idea that crafting one's environment in a certain way can influence - though not dictate - one's choices (also known as "choice architecture"). A prime… Continue reading How to “Nudge Yourself” to Take Action
Tag: financial health
Budgeting 101: This Financial Hack Will Revolutionize Your Spending Habits
As 2020 comes to a close, many of us are reflecting on what a year it has been - and it has been quite a year. Like many others, I am a person who (usually) spends most of her disposable income on experiences, like live shows and traveling. 2020 has not been the year for… Continue reading Budgeting 101: This Financial Hack Will Revolutionize Your Spending Habits