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Ep #207: Saving for a Stranger: How Perceptions of Our Future Selves Affect Financial Decisions
Manage episode 442965676 series 2799517
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How do you perceive your future self? How you answer that may matter when it comes to your finances. Research shows we may have a particular POV when it comes to looking forward at our lives, which can lead to challenges in saving for retirement.
On today’s episode, we'll explore how this disconnect, along with concepts like temporal discounting and loss aversion, can impact your spending habits now and in retirement.
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