Is It Okay to Have a Cheat Day? Goal-Setting Advice from Wharton's Marissa Sharif — Ripple Effect
Episode Description
EPISODE OVERVIEW Before you make any New Year’s resolutions, you’ll want to hear this science-based advice from Wharton’s Marissa Sharif. She explains why goal-setting is easier when you build in some cheat days, which she calls "emergency reserves." This episode is part of a series on getting a “Fresh Start" this new year.
Topics and questions covered: 00:00 - Introductions 01:00 - Emergency Reserves in Goal Setting 04:46 - Psychology and Research Behind Emergency Reserves 07:51 - Self-control 09:00 - The Role of People Around You 10:00 - How Emergency Reserves Affect Stress 11:03 - Expanded Applications of Emergency Reserves 13:47 - How to Use Emergency Reserves in Your Own Life
PODCAST OVERVIEW Every day, business scholars answer pressing questions in their research - but what do their insights mean for you? In this podcast, Wharton faculty dive into what inspired their studies and how their findings resonate with the world today. Learn how research insights translate into knowledge you can use, with host Dan Loney.
Learn more at http://whr.tn/rippleeffect.
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Brief Summary
Marissa Sharif discusses goal setting, the "what the hell effect," and how emergency reserves can improve goal achievement.
Key points
- The What the Hell Effect. Small failures can derail long-term goals, leading to abandonment of efforts. "What the hell?"
- Emergency Reserves for Goals. Introducing flexibility in goal setting can help maintain motivation and success. "Give yourself a couple of emergency days."
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Episode highlights
- The What the Hell EffectSmall failures can derail long-term goals, leading to abandonment of efforts. "What the hell?"“What the hell? Why would I continue?”3:19Jan 3, 2024
- Emergency Reserves for GoalsIntroducing flexibility in goal setting can help maintain motivation and success. "Give yourself a couple of emergency days."“Think about a challenging goal for yourself.”14:08Jan 3, 2024
