Your Mistaken Belief in Financial Willpower

Your Mistaken Belief in Financial Willpower

Each year, many of us set resolutions to do (and be) better. We like the idea of improving ourselves, so we tell ourselves that because we want it badly, willpower alone is enough to see us through. We do this despite knowing that sticking to something takes discipline and patience. Frankly, it can be hard, and we often underestimate just how hard it will be. Think of all the information out there on diet and exercise. Eating well and exercising are not complex. We have all the information we need, but we still have a tough time doing it.

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