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a life full of distractions is, at an individual level, diminished.

Johann Hari • Stolen Focus: Why You Can't Pay Attention--and How to Think Deeply Again

Why are adults so much more vulnerable to the sunk-cost bias than young children?

Greg Mckeown • Essentialism: The Disciplined Pursuit of Less

Every single action we take — calling our grandparents, cleaning up the kitchen or, today, scrolling through our phones — is a transaction. We are taking what precious little attention we have and diverting it toward something. This is a zero-sum proposition, he realized. When you pay attention to one thing, you ignore something else.

nytimes.com • Opinion | Michael Goldhaber, the Cassandra of the Internet Age - The New York Times

People spend an average of 2.5 hours on social media a day - that’s over a month of time that you give up of your life per year. Every minute you spend on social media is a minute spent watching someone else live their life instead of living your own.

You can spend less if you desire less. And you will desire less if you care less about what others think of you.

Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness

All my life, I’ve been very aware that time is finite. I admit I’m overly logical about a lot of things, but I firmly believe that one of my most appropriate fixations has been to manage time well. I’ve railed about time management to my students. I’ve given lectures on it. And because I’ve gotten so good at it, I really do feel I was able to pack

Jeffrey Zaslow • The Last Lecture

Because a gift card goes into our gift account, whereas our hard-earned job money goes into a more protected, less frivolous account.

Dan Ariely • Dollars and Sense

If you spend 15+ years logging your expenses every night, checking your portfolio twenty times a day, and making decisions based on their fiscal impact, how plausible is it that you will stop thinking about money after you’ve reached your goalpost? If you’ve been treating money like the ultimate collectors’ item for decades, can you stop identifyin... See more

moretothat.com • The Nothingness of Money - More to That

Imagine that you have decided to see a movie and have paid the admission price of $10 per ticket. As you enter the theater, you discover that you have lost the ticket. The seat was not marked, and the ticket cannot be recovered. Would you pay $10 for another ticket? When Thaler conducted this survey, he found that only 46 percent of people would bu