Strategies to manage the present bias

Managing the present bias consists in staying mindful of your long-term goals.

• Write down your long-term goals. Create a list of what you want to achieve this year or over the next few years. Then, when you're faced with a choice between different rewards, refer back to your list to ensure you're on track.
• Delay new purchases until tomorrow. The extra time will lower your impulsivity level and allow you to make an informed decision.
• Follow the ten-minute rule. If you procrastinate on a task, tell yourself to start right now for just ten minutes. You may find yourself continuing.