Building habits is hard. When relying on motivation and willpower, lapses can create frustration and make it hard to establish a habit. By looking at the book Tiny Habits by BJ Fogg, we can use behavioral design principles to create better money habits.
- Takeaway #1 – Design better habits by understanding the anatomy of a tiny habit.
- Takeaway #2 – Understand the BMAP model and how we can use it to “lower the bar” in habit creation.
- Takeaway #3 – Use the After I ____, I will ____ statement to add tiny habits onto already established routines.