Written on 05-01-2019

A recent study shows that our brains are better at recognizing opportunities to earn money than they are at opportunities to save money. Humans would have a cognitive bias toward earning, which makes us unconsciously spend more brain power on earning than on saving.  In other words, our brains prioritize earning over saving—which may be a part of why so many people struggle to save for retirement. The good news is we might be able to retrain the brain for better saving.

Interested to know more and hence save more money? Read the following article from the Cornell Chronicle.