I can’t change what happened yesterday but I can do better today. When you fail under whatever circumstances to meet your set goals in life, work, savings; most times you get up and dust off the soil, start all over again. You do this because you know you can do it and you are routing for yourself, and the reason why you started has not changed. I started again on my saving plan as I have been documenting here under Delayed gratification, SMART and Facing Challenges blogs. I have been going slow, steady and strong but I have to catch up because my set target end dates didn’t change even with the challenges.…
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Are you spending on unnecessary things?
Recently I embarked on a savings journey to have my sitting room and working space furnished with beautiful pallet furniture. I have documented it here and Twitter using #AfricaSaves. In my first post,I explained how I am going to be using the four delayed gratification tactics that were stated in the blog. I tend to spend money on unnecessary things, which can be put on hold until I reach my savings goal. This includes things like shoes when I have more than enough pairs, fancy eat outs when I can cook myself a cheap healthy meal, watching movies in the cinema when I have a Netflix account and a DSTV decoder…
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Spend Today or Save for Tomorrow
What side would you be on? Are you Heart or Hand? How do you win this kind of rivalry within yourself? Delayed gratification according to Wikipedia is deferred gratification, which means the ability to resist the temptation for an immediate reward and wait for a later reward. It is associated with resisting smaller and immediate rewards in order to receive larger and better rewards later. Delayed gratification is one of the most effective personal traits of successful people. It is thought that people who delay gratification are more successful in their careers, relationships, health, finances and really all areas of life. A person’s ability to delay gratification relates to other…
