Habit formation
Risk & psychologyBuilding a behaviour into a routine so it no longer requires a decision.
In plain terms
The reason a small automated SIP beats a large intended one. The mechanism is the asset; the amount grows later.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Building a behaviour into a routine so it no longer requires a decision.
The reason a small automated SIP beats a large intended one. The mechanism is the asset; the amount grows later.