Скачать или смотреть The Science of Present Bias: Why Saving for Retirement Feels Impossible | Finance University

🧠 The Science of Present Bias: Why Saving for Retirement Feels Impossible | Finance University

🚀 Why do we choose a $5 coffee today over a secure retirement tomorrow?

📉 In today’s video, we break down the science of Present Bias and Hyperbolic Discounting—the psychological glitches that make your future self feel like a total stranger.

🎓 At Finance University, we believe your degree should pay you back. 🛡️ Understanding why your brain is hardwired for immediate gratification is the first step toward building the long-term financial resilience you deserve.

📚 In this video, we cover:
🧬 Hyperbolic Discounting: The mathematical reason why rewards seem to lose value the further away they are.

⏳ Time-Inconsistent Preferences: Why you make a plan on Sunday but break it by Monday morning.

💸 The Borrowing Trap: How present bias leads to excessive debt and chronic procrastination in savings.

🔒 Commitment Devices: How to "lock in" your future-oriented choices so your current self can't sabotage them.

🌪️ External Shocks: How major life events and natural disasters can destabilize your financial planning for years.

💡 Whether you're struggling to start your 401k or just want to stop impulsive spending, this deep dive provides the literacy you need to align your daily actions with your long-term well-being.

🔗 Stay Connected
🎓 Subscribe to Finance University: [   / @finance_uni  ]

🛠️ Resources & Recommendations (Affiliate Links)
📖 Finance and Economics Discussion Series: Hyperbolic Discounting and Uniform Savings Floors: [https://amzn.to/4pPWlEM]

🎧 Or why not try an Audiobook version on Audible (30-day free trial available): [https://www.amazon.co.uk/hz/audible/m...]

🤝 Note: Using these links helps support the channel at no extra cost to you!

🏷️ Keywords & Hashtags
#FinanceUniversity #PresentBias #HyperbolicDiscounting #BehavioralFinance #RetirementPlanning #PsychologyOfMoney #SavingMoney #FinancialLiteracy #SelfControl #WealthBuilding