There is a concept in the world of finance that is called "Time Preference." What is it about? It deals with the question of satisfaction now or in the future.
We have a habit of always heading for what is good right now. As a result, we spend our money in the present, we use credit cards to buy things right now for money that we don't own. That is a perfect example of someone with a high "time preference". They are so obsessed with the present that they make decisions seeing only the present, that might hurt their future.
People with a low "time preference" are those who look at the future and often make decisions in the present that might feel more painful for the sake of a better future.
For example, instead of taking a loan to buy something, why not save the money and then buy the product when you have saved the money for it? You don't have to pay interest to the bank, and you will not be the slave of a loan in the future.
Of course, there are times when you need something right now, but I do believe many people would be better off using their common sense in the present and rather save than spend, and thus, they would create a better future.