A cyclical concept of time can boost your bank account, the Groundhog Day way

Thinking about time as a cycle of recurring experiences - a reality Bill Murray's character knows all too well in the movie Groundhog Day - may help us to put more money away into our savings, according to new research. The findings are published in Psychological Science, a journal of the Association for Psychological Science.The findings suggest that a cyclical mindset may be more effective at encouraging short-term savings than the typical linear, goal-oriented approach to time.