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Delaying gratification can lead to greater rewards in the future from "summary" of Your Money Or Your Life by Joseph R. Dominguez,Vicki Robin
When it comes to managing your money, one key principle to keep in mind is the idea of delaying gratification. This means resisting the temptation to spend money on immediate wants and instead choosing to save or invest it for the future. While it may be difficult to forego instant gratification, the rewards of doing so can be significant in the long run. By delaying gratification and making conscious choices about how you spend your money, you are setting yourself up for greater financial rewards down the line. This can manifest in various ways, such as having a larger savings account, being able to afford big-ticket items without going into debt, or even achieving financial independence earlier in life. When you choose to de...
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