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Practical Budgeting Tips On How To Save And Manage Money - Money and Investing with Andrew Baxter


A common trait and a natural one to understand is the desire for instant gratification but it is far more beneficial to become attuned to delayed gratification. Budgeting is a perfect example of delayed gratification, exercising discipline and chipping away in the pursuit of an end goal. Host Andrew Baxter recalls a particular psychological study which looked to compare the outcomes of children willing to exercise discipline for delayed gratification and those who were not and the findings suggested those that do accommodate delayed gratification had greater health outcomes as well as financial outcomes.

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Last Update : May 20, 2024 4:01 AM
Number of Views: 42
Item  Owner  : Andrew Baxter
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2024-05-26 (0.377 sec)