A focused collection of ideas, frameworks and practical lessons from the Millionaire Lesson library.
Social comparison on social media occurs when people evaluate themselves against highly visible, selectively presented information about others' appearance, wealth, success, relationships, experiences, or status.
Read articleThe planning fallacy is the tendency to underestimate completion time, cost, and difficulty for future tasks despite knowledge that similar past tasks took longer.
Read articlePsychological reasons for procrastination include emotion regulation, task aversiveness, ambiguity, fear of evaluation, impulsivity, low expectancy, temporal discounting, perfectionism, and weak self-regulation.
Read articleThe endowment effect describes situations in which people value an object more highly once they own it than before ownership, though the effect depends on…
Read articleThe habit loop is a simplified model describing how cues trigger repeated responses that are reinforced by outcomes, but modern habit research emphasizes context-response associations…
Read articleStatus quo bias is the tendency to favor an existing state or default even when alternatives may be objectively attractive.
Read articleMotivation psychology studies the processes that energize, direct, sustain, and terminate goal-oriented behavior, including needs, incentives, expectancy, value, identity, emotion, and learning.
Read articleAttribution theory studies how people explain causes of behavior and events, including whether causes are internal or external, stable or unstable, and controllable or uncontrollable.
Read articleSocial Identity Theory explains how people derive part of their self-concept from group memberships and how categorization can influence comparison, favoritism, status, and intergroup behavior.
Read articleConformity is the adjustment of behavior, judgment, or expressed opinion toward group norms or expectations.
Read articleBehaviorism is a family of approaches that explain behavior primarily through observable relationships between environment, learning history, stimuli, consequences, and responses rather than unobservable mental…
Read articleObedience research examines how authority structures, situational pressure, role expectations, and perceived responsibility influence compliance with commands.
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