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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Hyperbolic Discounting: Why You Make Terrible Life Choices

Hyperbolic Discounting: Why You Make Terrible Life Choices

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