Rule No. 1: Card Yourself
Your first step, Ariely says, is to discipline yourself: Decide how much you can afford to spend each month after necessities like utilities and rent, then put one-fourth of that on a prepaid card each week. That card pays for everything—Uber and coffee, clothing and road bikes.
“When it’s done, it’s done,” he says. If you want to buy something expensive, you’ll have to let the money build up on the card again.
Why fill it weekly and not monthly? Because people tend to run out of money halfway through the month and can’t make it two weeks on nothing, Ariely says. They might find the discipline to make it a few days, however.
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