What can cause your IQ to drop the equivalent of 13 points?
Losing a night’s sleep. Or experiencing financial scarcity.
The effects of scarcity are wide-reaching and affect us in a deep neurological way. This book is about scarcity in all its forms — financial, social, time, and more.
What can you do to combat scarcity?
Scarcity mindset experts Eldar Shafir and Sendhil Mullainathan are here to teach you a lot about having too little.
In their book, Scarcity: Why Having Too Little Means So Much, they’ll introduce you to the science behind the scarcity mindset and help you make plans to avoid several common scarcity traps.
By doing the book in Pique, you’ll get to experience Scarcity with hands-on activities co-created directly with Eldar Shafir and Sendhil Mullainathan. You’ll get a trial run of all of the practices introduced. And, after trying them out, there will be a clearer path to keep using them going forward.
What can you expect?
Instead of just reading about scarcity traps, in Pique, you’ll get to actively plan for them.
One way you’ll do that? Making a plan to avoid the abundance trap.
It might sound counterintuitive, but scarcity begins with abundance. It doesn’t matter whether we’re talking about time, savings, or toothpaste. When you have a lot of something, it’s easy to use it frivolously.
In fact, the reason it’s easy to be frivolous is that our brains are wired to have a neurological reaction to the abundance. That feeling when it’s payday and a check hits your bank account? That is the consequence of abundance.
Abundance makes your brain feel safe in its resources and makes you less likely to stick to long-term plans — hence the tendency of people to eat out or shop the weekend after payday despite trying to save money.
In Pique, you’ll reflect on an abundance you may experience soon and make a plan on how you’ll manage that abundance to avoid a scarcity trap.
Ready to dive into Scarcity?
The science of scarcity influences everything so it can feel overwhelming to find a place to start. Thankfully, Scarcity by Eldar Shafir and Sendhil Mullainathan makes it easier. It and many more great behavioral science books are available in the Pique app right now.
Head into the app to get started!