In the second installment of the escape plan series, Ryan and Terry delve into what makes the difference between savers and spenders.
Along the way, they explore the reasons why saving seems to be harder than ever and the false dichotomy inside our mind that stops us from even trying.
Terry explains why the way you spend is the most important determinant of saving, and what you can do to flip the script and change the game.
What you'll learn.
- The anatomy of an impulse purchase, and the one crucial strategy for breaking the cycle.
- What empathy has to do with saving and investing.
- The little known law of behavioural economics that can be leveraged to make you more resourceful and minimize mindless spending.
- How to spend and get what you want in a way that makes saving more rewarding.
- The one lifestyle item you must prioritize for liberal spending if you are to succeed at sustainable saving (and a simple tool to discover what that is)
- 2 universal principles that all successful savers apply relentlessly and the specific systems and structures that must exist to support them.
Coming soon.
