#3 TED Talk


Topic: Psychological tricks to help you save money
Speaker: Wendy De La Rosa
Duration: 5:50

Vocabularies:
1.     willpower (n.) the ability to control your own thoughts and the way in which
you behave
e.g. It took a lot of willpower to stay calm.
2.     harness (v.) to control something, usually in order to use its power
e.g. There is a great deal of interest in harnessing wind and waves as new sources of power.
3.     binding (adj.) (especially of an agreement) that cannot be legally avoided or stopped
e.g. The contract wasn't legally binding.

My thoughts:
As human beings, we can be irrational when it comes to saving, but we can predict how we’ll act under certain environments, so we can through three tips :
1.Harness the power of pre-commitment.
2.Use transition moments to your advantage.
3.Manage small, frequent purchases.
Then, we can help ourselves save money. Let’s do that with saving!

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