Have You Applied Delayed Gratification in Your Finances?

[Suba]

Delayed gratification is a person's ability to refrain from current pleasure in order to achieve greater pleasure and satisfaction in the future.
In our daily lives, we encounter many temptations, obstacles, and choices, such as friends' invitations to hang out, always eating out, hanging out at cafes, impulsive buying, etc.

There are many ways to apply delayed gratification in our daily lives, such as:
1. Delaying online shopping.
2. Declining friends' invitations if they are not necessary.
3. Saving some funds in less liquid assets such as property.
4. Uninstalling unnecessary apps.
5. Stopping your VIP membership if you are less active.

 

[wisdom01]

Delayed gratification is key to financial stability. Prioritizing long-term goals over instant pleasures can lead to greater financial freedom and security.

 

[Springtime]

Have the mindset of delayed gratification enables us to think twice before buying. This is good for financial planning and achieve our financial goal.

 

[Kross]

I have always practiced delayed gratification especially when trying to compound investments. It takes discipline to practice.

 

[King Belieal]

I learned delayed gratification and started applying it and my financial life has greatly improved because of that practice.

 

[Augusta]

Yes, as it leads to wealth accumulation: By delaying non-essential purchases, you make more room for savings and investments.

 

[wisdom01]

Yes, as it leads to wealth accumulation: By delaying non-essential purchases, you make more room for savings and investments.

Precisely. That simple discipline shifts money from fleeting wants to lasting assets. That's how futures are built.

 

[Augusta]

Precisely. That simple discipline shifts money from fleeting wants to lasting assets. That's how futures are built.

That's right we can delay gratification to build wealth later for ourselves. It is for our good and that's the truth.