The pyschology of saving …

Thanks to Ill Liquidity for sharing this video – and, many others – on our sister site: Share Your Number … it’s interesting to see This Clever Guy talk about the psychology of Paying Yourself First, and the Envelope System.

What do you think of these Making Money 101 techniques? Do you have any others to share?

2 Responses to “ The pyschology of saving … ”

1. ill liquidity says:

   January 25, 2010 at 7:39 am

   Slowed down somewhat from my frenetic pace and don’t have any new insights / videos — most links came from people I’ve talked to last year about investing. Would love to hear from someone with an economics degree on what their take is on US fed policy and what the best path forward is to avoid stagflation — if there is a link to some info there it would be super much appreciated.
2. Mike Hunt says:

   January 30, 2010 at 12:14 am

   I think the concept this guy is describing is pretty trivial… I really can’t believe most people cannot easily perform mental substitution when comparing purchases…

   -Mike