Set Up Ulysses Contracts For Yourself

No matter how many tips and strategies you learn about managing money, you’ll never be financially successful if you don’t develop self-control. Emotions can easily trump logic, and without self-control, you sign yourself up for making “poor” decisions.

One effective way to boost your self-control is to set up Ulysses contracts for yourself. A Ulysses contract is a pact made in advance to remove temptation by setting up a process or structure that enforces the person to not make a bad decision under any conditions.

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