- Thanks to evolution, humans are not great at thinking and planning long term. "The human brain just has certain tendencies," says neuroscientist Alex Korb. "We're always going to pay more attention to things that are immediate right now." Luckily, there are ways to counteract our natural habits.
- Retirement can feel abstract—especially for young people who are just starting in their careers—which makes preparing for it less of a priority. By understanding how the brain impacts certain decisions, we can hack those biases to develop better saving practices and work toward more concrete, tangible goals.
- "Saving one dollar a day is infinitely better than saving zero dollars a day," says Korb. Building on small decisions over time gives you the ability to course correct if strategies are not working out, and leaves room for meaningful progress at your own pace.
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