This is the seventh article in the Behavioral Finance and Macroeconomics series. We will explore the effect that behavior has on markets and the economy as a whole, and how advisors who understand ...

Working memory and attention are closely related concepts. Working memory is defined as the ability to control attention, and distraction (e.g., irrelevant emails or text messages). WMC is critical ...

According to a recent study, however, being physically active may have a greater impact. The right exercise routine may ...

People who can delay gratification and master their impulses thrive in life. And experts say that you can learn skills to rein in bad habits. By Christina Caron We tend to respect and even idolize ...

Many of us want to regulate ourselves better. But sometimes, when thinking about this, we develop tunnel vision. We might only think of one or two routes that could help us achieve healthy ...

Self-control occurs when our choices are guided by the long-term consequences of our actions rather than by small, immediate gains. Refusing to snack now so that one can enjoy a delicious meal later ...

Self-control, the ability to override or change internal impulses for the benefit of longer-term, strategic goals, has always been treasured as an admirable human trait. For example, Confucius taught ...

No matter how bad you are at resisting temptations, there are ways to enhance self-control if you’re motivated to use them. Research has shown that self-control involves a set of cognitive skills that ...

Self-control keeps us from eating a whole bag of chips or from running up the credit card. A new study says that self-control makes the difference between getting a good job or going to jail — and we ...

Philosophers and psychologists have been discussing the importance of self-control for ages. Plato, for example, argued that the human experience is a constant struggle between our desire and ...