Insight: According to the strength model of self-control, when we exercise our will, ego depletion occurs and the muscle of willpower is fatigued. Willpower diminishes when we do things that demand self-control.
Insight: Ego depletion impacts mental and physical endurance, including rational things, problem solving, and decision making.
Reference: Roy Baumeister: views willpower as a limited biological resources that can be depleted for temporary periods.
Insight: Students with a growth mindset tend to improve year on year.
Insight: Fixed mindset students tend to use negative self talk when things are difficult, growth mindset students persevere.
Insight: Resisting temptation is difficult because we are wired to fully account for immediate rewards but discount delayed or future rewards.
Principle: Push temptation far away, bring distant consequences closer in your mind.
Insight: The consequences of the illusion of control can be huge, particularly for financial risks.
Insight: The illusion of control can cause some people to fail to react to external feedback or danger signs.
Insight: It can pay in the long run to have less confidence, heightened anxiety, and respond to these with strategies to mitigate or reduce risk.
Insight: Advance planning can be useful to resist future temptation.
Insight: If-Then plans can help with self control (IF this happens, THEN I take this action).
Insight: When automatic, If-Then plans remove the effort to self control.
