Financial Consultant I work as a Financial Planner with expat clients to meet their financial planning needs and goals, with a focus on adequately protecting expats & their families, and helping people to grow their savings over the long term. I strongly believe in building meaningful and lasting relationships with clients to ensure the best client outcomes are achieved.

why-is-it-so-hard-to-save-for-something-so-far-away-hyperbolic-discounting

Why Is It So Hard To Save For Something So Far Away?- Hyperbolic Discounting

If you find it hard to save you can blame hyperbolic discounting. This economic theory explains why humans are hard-wired to seek instant gratification. Here’s the science behind why your bank account feels like a sieve! What is hyperbolic discounting? Hyperbolic discounting refers to the tendency for people to increasingly choose a smaller-sooner reward over…