Overview
In this second installment of the escape plan series, Ryan and Terry tackle the challenging landscape of personal savings. They dissect what sets savers apart from spenders and delve into the internal and external factors that influence our saving behaviors.
What you'll discover:
🌀 The Anatomy of an Impulse Purchase: Understand the triggers and learn strategies to break the cycle of impulse buying.
💡 Empathy and Financial Decisions: Explore how understanding others' feelings can influence your saving and investing habits.
📉 Leveraging Behavioral Economics: Discover a little-known law that can help you become more resourceful and curb mindless spending.
🔍 Strategic Spending: Learn how to align your spending habits with your saving goals to make saving more rewarding.
🌟 Prioritizing Spending: Find out which lifestyle item you should prioritize for spending to boost your saving efforts, including tools to help identify these priorities.
🛠️ Principles and Systems for Saving: Uncover two universal principles that successful savers use and the systems that support these habits.