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Overcoming hyperbolic discounting
- Empathize with your future self: You put things off to future you because it’s easy to assume that future you has boundless energy and motivation. Unfortunately, that perfect vision is not real.
- Pre-commitment: You increase your chance of success by removing a temptation future you may try and weasel out of.
- Break down big goals into small manageable chunks: Big goals take a long time to achieve and so are susceptible to the far-off reward curse of hyperbolic discounting.
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