Kick Bad Habits by Making Them More Expensive

Make a pact with friends to introduce penalties every time you practice the habit you want to remove.

Losing something makes you twice as miserable than gaining the same thing makes you happy.

But that’s not entirely a bad thing, because you can use the awesome power of “loss aversion” to your advantage to kick bad habits.

Make your bad habits "more expensive" by putting a penalty that you need to pay every time you do it.

The penalties work because of the…