DAN ARIELY

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Ask Ariely: On Celebratory Savings, Tools for Temptation, and Anticipating Activities

October 15, 2016 BY Dan Ariely

Here’s my Q&A column from the WSJ this week  and if you have any questions for me, you can tweet them to @danariely with the hashtag #askariely, post a comment on my Ask Ariely Facebook page, or email them to AskAriely@wsj.com.

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Dear Dan,

My wife and I recently had our first child. We know that friends and family, especially grandparents, like to buy gifts for children for birthdays and holidays. But we have set up a college savings account for our child and would much prefer to have our loved ones put money into this account rather than buy things that our child doesn’t really need. How can we encourage this more rational behavior?

—Kyle 

Though giving money is often more economically efficient than giving stuff, the feeling of social connection that we get from gift-giving is higher when we give something tangible. If I were you, I would try to provide the gift-givers with a chance to do a bit of both. You can ask them to buy something small for your child and also to put some money in the college fund.

If you want an even higher proportion of the money to go to the college fund, buy a nice book with blank pages and on its cover write your child’s name and the word “future” (“Dan’s Future,” for example). You can then ask each gift-giver to put money in the college fund and, at the same time, to share some advice for life by writing on one page of the book. This way, there will be a physical reminder of their gift (the book and the advice), but more of the money will go to the college fund.

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Dear Dan,

I am trying to stop using Facebook because it only wastes my time and makes me feel bad about myself. But despite repeated attempts to stay away from my Facebook page, I keep coming back to it. I think part of the reason is that I’m so impulsive. Do you have any advice on how I might finally break my Facebook habit?

—Maryam 

My recommendation is to create some sort of “Ulysses contract.” As you will recall from Homer’s ancient tale, Ulysses knew that if he allowed himself to hear the tempting calls of the Sirens, he would follow them and in the process kill himself and his crew. So he asked his sailors to tie him to the mast of his ship and put wax in their own ears. Ulysses thus protected himself from temptation by making it impossible to take action when temptation appeared. He didn’t have to summon his willpower to resist.

Maybe you can make your own Ulysses contract by asking a friend to change your Facebook password and not to tell you what it is for a month. This will give you a chance to see what life without Facebook feels like and to decide if that is indeed what you want. If it is, you can then go ahead and delete your account—and you will be free of Facebook.

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Dear Dan,

I hate waiting for anything. I get very impatient when I have to wait for food in a restaurant, for my new iPhone, for the next time I will meet a good friend, etc. Is there anything I can do to make it less painful to wait?

—Maya 

Sometimes anticipation can be a pleasurable part of the experience. Imagine, for example, that you could get a kiss from your favorite movie star. Would you rather get the kiss in the next 30 seconds or in a week? When faced with this question, most people prefer to wait because, in the end, a kiss is just a kiss, but waiting for a unique kiss can be wonderful. My advice is that you try to get into such a mindset for other experiences as well, and instead of thinking about waiting as a delay, think about it as an opportunity for anticipation.

P.S. I got this question from you a few months ago, and I hope that you enjoyed anticipating my response.

See the original article in the Wall Street Journal here.