Newsletter
Why Are We So Impatient? A Look into Money and Delayed Gratification
Abstract: Getting excited about saving for the future can be hard. We are not as emotionally tied to the future as we are to the present. In this Page One Economics®: Focus on Finance, we look at the psychological forces of delayed gratification and self-control, which help us work toward the future benefits of saving money.
Keywords: delayed gratification; self-control; saving money; personal finance;
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Page One Economics Newsletter
Publication Date: 2023-04