How Your Future Self Can Help You Save Money

How Your Future Self Can Help You Save Money By Kimberly Palmer

How connected do you feel to your future self? It might seem like a strange question, but the answer determines how likely you are to blow your money today or save it for later.

A new report from the Columbia Business School and University of Chicago Booth School of Business reveals that consumers make money choices based on how connected they feel to their future identities—and that it’s relatively easy to manipulate those feelings.

To convince yourself to delay gratification to achieve any of those goals, the researchers have a relatively simple solution: Take a moment or two to meditate on your future self, and just how similar it is to your current self. 

http://www.mindpowernews.com/SaveForFutureSelf.htm

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