The main reason people don’t believe in delayed gratification is that they think that what is giving them money now will still be giving them money in the future. I have seen many instances where people earning so much money today and hustling stop paying them the way they used to. Because they have not been practicing instant gratification and spending a lot of money without saving, they end up regretting it.
I know a friend who had a lot of money in 2019 and 2021. In that short period, this guy built a house, traveled to different countries within that time. Fast forward to today, things have changed. The hustle that is giving him money is not paying the way it used to, This guy has been spending a lot of money and he is used to their lifestyle, he was forced to sell most of the things he owned and now this, my friend is very broke.
Delayed gratification will save you from a lot of things
The main reason why people believed in the old days that it was very good to save was because saving your money would save you from a lot of things, and would save you from a necessary emergency. It will also save you from all unexpected events and also from unforeseen events like you losing your job, a business that is paying you so much money collapsing, and saving your money will save you from a lot of those things. If you have the power to win over instant gratification, you have fixed 55% of your finances.
The main reason why I said you feast 55% of your finance is because saving loan will not do it but even before you move or think about investing your money spending less and keeping a big portion of your money will also help you to seize opportunity because the main reason why people miss opportunities is because they don’t have the cash at hand to buy them when you have the wrong cash app and to buy those opportunities life becomes easier for you.
If you master delayed gratification, you already have the key to wealth.
It’s not always about the amount of money you are making, it is always about the money you are putting away. You might be earning a lot of money every month but if you’re putting so little away or you don’t put any money away at all, you are still going to go broke and your bankruptcy is very sure. More reason why you must practice seeing delay gratification because instant gratification will bring you nothing but being miserable at the end of your life. The instant gratification indeed feels good because every time you purchase something you feel good about it, but you have to have the discipline. Discipline is the only way to secure your future and master delayed gratification.
Thanks for your time.