Nicole Lapin
👤 SpeakerAppearances Over Time
Podcast Appearances
The identity does.
You can say, I'm a person who cares about how much money I have.
And that means you'll check your accounts monthly.
You read your pay stubs.
You'll check your credit card statements.
You won't miss any money falling through the cracks because that is not who you are.
Here's why this works.
Identity-based behavior is automatic.
If you tell yourself that you're someone who runs, you don't negotiate with yourself about a jog.
You just go.
If you say that you're someone who invests every Friday, you don't negotiate with yourself about contributing to your Roth.
You just do it.
Resolution number three, set anti-goals.
the financial things that you will not do this year.
People love setting goals.
I want to save more.
I want to invest more.
I want to spend less.
But research from Stanford and Harvard actually shows that setting anti-goals can be much more powerful because they remove decision fatigue
and protect you from making the mistakes that sabotage progress.