Leveraging Technology to Increase Pain of Paying,
and Improve Personal Savings As technology advances, p_P_eople are getting further from the hard concept of money. Without seeing immediate feedback, people repeat undesiredby whom? behaviors without having any painbetter word?. The tendency to repeat previous behaviors without thinking of the original motivation has been observed (Ariely, D. & Norton, M. I., 2008)footnote? . This behavior may cause repeatedmay increase purchases without adequatewith inadequate? deliberate decision-makingdeliberation?.
This problem is exacerbated by the reduction of the pain of paying as the distance from physical currency increases (Ariely and Silva, 2002). We are increasingly moving towards electronic payments and this trend will not reverse (Borzekowski, Kiser, Ahmed, 2006).Isn't this correlating physical proximity with conceptual proximity?</su