Getting people to set money aside involves tapping into their psychology – and forcing their hand.
Those tricks involve capitalizing on behavioural economics,
adds Marc Lamontagne, a financial planner with Ryan Lamontagne Inc. in Ottawa.
He says that getting people to stay on track with their savings really comes down to forcing them to change – and preventing them (with their buy-in, of course) from accessing their savings all too easily.
Globe Advisor, Anna Sharratt
March 2016
Full text: Three Surprising Ways To Save