This is the seventh article in the Behavioral Finance and Macroeconomics series. We will explore the effect that behavior has on markets and the economy as a whole, and how advisors who understand ...

In Don’t Listen to Your Lizard Brain, I explained how we all have a reptilian brain inside us that generates primitive drives such as hunger, sexuality, and territoriality, and that we can use our ...

Self-control is the capacity to override one’s impulse or desire in order to attain another goal (Mischel, 2014). The alternative to exercising self-control is indulging in an action that momentarily ...

Self-control, the ability to override or change internal impulses for the benefit of longer-term, strategic goals, has always been treasured as an admirable human trait. For example, Confucius taught ...

No matter how bad you are at resisting temptations, there are ways to enhance self-control if you’re motivated to use them. Research has shown that self-control involves a set of cognitive skills that ...

According to a recent study, however, being physically active may have a greater impact. The right exercise routine may ...

Philosophers and psychologists have been discussing the importance of self-control for ages. Plato, for example, argued that the human experience is a constant struggle between our desire and ...

So much of our lives are affected by our ability (or inability) to reach a goal. Whatever the plan may be, willpower, self-control, and motivation are at the forefront. Yet, too often, we pressure ...

These are comments I might get when people learn about my lifestyle. I’m one of those annoying people who eat lots of fruits and vegetables, exercise five times a week, save a portion of their salary, ...