In the world of technology, where information is at your fingertips, and you can have pretty much anything delivered right to the door, it’s easy to get lost in the sea of instant gratification. But doing so can come at a high cost. Delaying gratification can help pay for things with cash rather than living beyond one’s means. Incorporating some delayed gratification practices might also mean the difference between whether or not you can even retire. Here are three ways the technique can help save you money.
“Die With Zero” by Bill Perkins is a book about maximizing your life and not necessarily your bank account. The author aims to change people’s relationship with money by encouraging them to prepare for the future while also avoiding “mindlessly saving” for retirement. Perkins believes individuals should spend their money while they can still enjoy living and having memorable experiences.
Investing in the market or real estate can be an excellent way to work on building your overall wealth, but putting your money into outside sources isn’t the only way to financially better your life. One aspect of investment many people forget is the one looking at you in the mirror: yourself. What does it mean to invest in yourself, and how can doing so add to your growth and stability? Here are some ways to get started.