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Podcast: Money with Alpha
Episode: Does Willpower Work?
Description: Willpower is one of those words that most of us scringe at the thought of, but somehow think we need more of. What is willpower?Β Psychologists define it asΒ the ability to delay gratification, resisting short-term temptations in order to meet long-term goals The capacity to override an unwanted thought, feeling, or impulse The ability to employ a "cool" cognitive system of behavior rather than a "hot" emotional system. There is evidence that while willpower is a finite resource (which means that we don't have it available to us 100% of the time), it is like a...