How the present bias impacts your success - Deepstash
How the present bias impacts your success

How the present bias impacts your success

It’s tempting to take a reward that is available right now, but the cognitive bias can harm your future self.

For example:

  • You may work hard to get a place on a law degree course, but then give in to the present bias and spend most of your time socialising at the expense of your exams.
  • Being offered a higher salary can cause us to forget about our long-term career goals.
  • The desire for instant gratification can lead to reckless spending rather than putting money into a long-term investment.
  • Procrastination can prevent you from making progress on a project well before the deadline.


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