⚡I challenge you to take this pledge in the new year

Doing this one thing can boost your health and happiness… [The Jolt with Stephen McBride] I challenge you to take this pledge in the new year Editor’s note: Today, we’re sharing one of Stephen McBride’s most popular essays to date. In it, Stephen shares his #1 tip on living a happier life: Stop staring at your phone! Putting your phone down around friends and loved ones is a simple pledge you can make in 2024 and beyond—and will help you become more present at the times that matter most. Please note there’s no Jolt on Monday. We’ll pick back up next Wednesday, January 3. From all of us here at RiskHedge, we’d like to wish you a wonderful holiday season and a happy New Year! *** “Look over at that table… everyone is staring at their phones.” My wife and I are on the same page with money. We’re both savers. I often joke we get more enjoyment out of watching our bank balance grow than we do buying stuff. But we recently splurged on a nice restaurant. We booked a babysitter in advance so we could have a nice meal at Restaurant Patrick Guilbaud here in Dublin. It has a coveted two Michelin stars, and it’s one of the best dining experiences you could imagine. It’s not cheap. You’ll hand over at least $500 for two people, but it’s worth it. You’re treated like royalty, and the food is amazing. We spotted a table of four from across the room. About halfway through our meal, my wife leaned in and whispered, “Look over at that table… everyone is staring at their phones.” She was right… Everyone at the table had their heads stuck in their phones—as they sat in the best restaurant in Ireland! The rise of the internet and smartphones has mostly improved our lives. High-speed internet allows us to work from anywhere in the world. Thanks to Google, you can access practically any information 24/7. The downside is many folks are hopelessly obsessed with tapping, typing, and swiping on their phones. Research from Harvard shows the average American touches their phone over 3,000 times daily. 3,000 times! That works out to roughly four hours/day staring down at our screens. Think about it like this… that’s 28 hours/week we could spend doing something we “haven’t got the time for.” In the morning, our phones buzz to wake us up. Emails stream into our inboxes all day long. Even when you don’t have any notifications, you might whip your phone out every few minutes or so to check if there’s anything new. In short, we’ve become addicted to our phones—and it’s hurting our lives. Smartphones are a black hole where “to-do lists” go to die. Research from the American Psychological Association (APA) shows we have limited “brain power.” Said differently, our minds are like batteries—they can only perform a finite number of tasks before they need to be recharged. Phones put the world at our fingertips. The next article or video is always just one click away. Each time we whip out our phones to check the news… the latest sports scores… or our Twitter feeds… we’re “draining” our mental batteries. The average American does this roughly 1,000 times before lunch, leaving no energy for important work. The APA study found this puts our brains into a state of constant distraction. We can’t focus on important tasks for more than 10 minutes without checking our phones. Research from The Journal of Social Psychology found smartphones are also hurting our relationships. Researchers found when participants had their phones on them during a meal, it reduced their enjoyment during the time spent eating with family and friends. Our phones allow us to connect with folks across the world… but they’re hurting our relationships with the people that matter most. There’s a reason putting our phones down is so difficult… Ever hear of the chemical dopamine? Our brains produce dopamine to reward us for taking a bite of food… completing important work… or exercising. We get a little hit of dopamine when we do something “good,” which motivates us to repeat the tasks. Research from Harvard Medical School shows social media platforms like Facebook, YouTube, and Snapchat have engineered their platforms to give us bite-sized hits of dopamine. Every time we scroll, click, or swipe, our brains get a little “reward.” Constantly being on my phone is something I struggled with before COVID hit. I hated how I would reflexively check my phone a dozen times an hour when spending time with my daughter. I wasted whole evenings on YouTube. I wasted valuable time in the morning scrolling through Twitter. But now, I’ve made a conscious effort to turn off my phone outside of work hours. And I shut down the computer once I’ve finished work for the day. This one change—cutting down time spent on the internet—has improved my life big-time. I’m more productive when I’m working… I’m a better person to be around (so my wife tells me)… and my mood has greatly improved. A suggestion for 2024 and beyond... consider cutting down on your phone, computer, and internet usage. For me, it’s tempting to ALWAYS try to learn new things. I’d listen to podcasts while I worked out... and read articles as I ate breakfast. There’s so much great information on the internet today, I felt like I was missing out if I wasn’t always absorbing as much as possible. But really, by constantly staring at or listening to my phone, I was often missing out on real life. If you’ve felt this way, try putting down your phone. Do something “real” and be in the moment. Go for a walk... throw a ball with your dog... cook a dinner for your family. I practically guarantee it’ll make you happier—it did for me! Do you think smartphones are bad for our mental health? Let me know at stephen@riskhedge.com. Stephen McBride Chief Analyst, RiskHedge If someone forwarded you this email and you would like to be added to our email list to receive the Jolt every week, [simply sign up here.]( This email was sent to {EMAIL} as part of your subscription to The Jolt. To opt-out, please visit the [unsubscribe page](. [READ IMPORTANT DISCLOSURES HERE.]( YOUR USE OF THESE MATERIALS IS SUBJECT TO THE TERMS OF THESE DISCLOSURES. Copyright © 2023 RiskHedge. All Rights Reserved RiskHedge | 1417 Sadler Road, PMB 415 | Fernandina Beach, FL 32034