Last month, I read a wonderful book— The Power of Habit by Charles Duhigg. The book details—through anecdote and science—how our routine behaviour is driven mostly by habit or the absence of it. It also delves deep into how habits get created and changed, and how this can be achieved consciously.
While reading the book, it became clear to me that savings and investments fit right into the framework that Duhigg had described. Not just that, habits in one area can be the trigger for thos ..