Delayed Gratification and how it can help you move mountains
Delayed gratification is a term you have most likely encountered when you either looked into self-improvement or improving your financial situation, and by all means, it’s something extremely important in those areas of one’s life, but in many more as well.
In case you haven’t encountered this term before directly, or you haven’t even heard of it, even if you’ve looked into the above-mentioned areas, let’s have a look at how Wikipedia defines this concept:
Delayed gratification, or deferred gratification, is the resistance to the temptation of an immediate pleasure in the hope of obtaining a valuable and long-lasting reward in the long-term. In other words, delayed gratification describes the process that the subject undergoes when the subject resists the temptation of an immediate reward in preference for a later reward. Generally, delayed gratification is associated with resisting a smaller but more immediate reward in order to receive a larger or more enduring reward later. A growing body of literature has linked the ability to delay gratification to a host of other positive outcomes, including academic success, physical health, psychological health, and social competence.
So, this basically means giving up some instant or soon reward/temptation in hope of receiving an ever bigger one…