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Embrace delayed gratification for longterm success from "summary" of Set for Life by Scott Trench
The concept of delaying gratification for long-term success is a fundamental principle that can significantly impact your financial well-being. It involves making sacrifices in the present in order to achieve greater rewards in the future. By forgoing immediate pleasures and focusing on your long-term goals, you can set yourself up for a more secure and prosperous future. When you choose to delay gratification, you are essentially making a conscious decision to prioritize your future financial stability over short-term indulgences. This means resisting the temptation to spend money on unnecessary items or experiences in order to save and invest for the long term. While it may be difficult to forego instant gratification, the benefits of doing so can be immense in the long run. By embracing delayed gratification, y...
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