← Front page

The Stacking Benjamins Show · Monday, August 31, 2026

Creative Saving Strategies: The "Friction" Concept in Personal Finance

The Stacking Benjamin's show discusses using the concept of 'friction' to encourage saving, drawing on a Wall Street Journal article. They suggest that while technology removes friction from spending, individuals should intentionally create friction for beneficial financial behaviors, such as saving for retirement.

personJulia CarpenterpersonOG

The tape

5 quotes
So today we're gonna ask a different question. What happens tomorrow?
Joe
I was reading this lovely Wall Street Journal piece from Julia Carpenter called the Simple Mental Tricks That Make Us Better With Money.
Joe
And the idea that grabbed me was friction. Technology has become incredibly good at helping all of us remove friction from our spending.
Joe
So, here's the question, OG, why do we insist on building our lives around willpower? I'm going to willpower my way to financial success.
Joe
So Doug, I'm going to give you the financial behavior, and you tell me whether we should make it easy, remove friction, because we want it to happen. Or make it hard, add friction, because we want time to think before it happens.
Joe
Heard on The Stacking Benjamins Show — “The Mental Trick That Makes Saving Money Effortless SB1891, published Monday, August 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.06
Creative Saving Strategies: The "Friction" Concept in Personal Finance — Heardvine