The Gratification Showdown: 
              Instant vs. Delayed

The Gratification Showdown: Instant vs. Delayed

Let’s delve into a subject that's been causing a fair bit of conversation lately: instant gratification versus delayed gratification. Ever been caught between the excitement of a weekend treat and the long-term goal of a new house or car? This is the balance between immediate rewards and future payoffs.

First, let's take a look at the contenders. According to the Australian Securities and Investments Commission, over 67% of Australians admit to making impulsive purchases driven by the lure of instant gratification. But then there's the 'Stanford Marshmallow Experiment' which showed that children who can delay gratification often performed better later in life. One marshmallow now or two later? It seems, patience can literally double your treats!

Instant gratification is like an immediate pat on the back - it boosts morale, fuels creativity and, in moderation, aids in maintaining a balanced lifestyle. However, it's not all sunshine and footy games. Instant gratification can lead to impulsive decisions, hasty financial choices, and a short-term perspective on life goals. After all, you wouldn't want to build a career or retirement plan with the same quick-fix approach as ordering a meal on your phone.

In contrast, delayed gratification is a long-haul marathon, requiring discipline, forward planning, and resilience. Not surprisingly, it's often linked to long-term success and sustainability. A study by the Australian National University found that individuals who practice delayed gratification are more likely to be healthier, more financially secure, and generally more successful. However, it can also mean forgoing current experiences and opportunities. Time flies, but so do the tickets for the much-awaited footy match you didn’t buy because you were saving for future goals.

There's no one-size-fits-all solution in this debate. Think of instant gratification as the immediate boost you get from accomplishing a task. It's the thrill of scoring a goal in the footy match or treating yourself to a fine dining experience after a hard week.

Delayed gratification, however, is like your long-term strategy. It’s about putting in the work now but not getting rewarded, like reading personal development books, taking supplements, and investing time in meaningful relationships. It’s about making choices today that benefit your tomorrow.

In a world where we expect everything at the speed of a click, delayed gratification can seem a little out of place. But remember, iconic structures like the Sydney Opera House weren't built in a day, and neither were successful businesses like Atlassian.

To sum up, instant and delayed gratification aren't opposing gladiators, but two sides of the same coin. Depending too much on one can lead to either impulsive decisions or missed life experiences.

So, enjoy that double marshmallow occasionally, but remember to put some away for tomorrow's treats. After all, the art of life lies in finding a balance between the immediate and the long-term, and sometimes, taking a moment to smell the roses... or the marshmallows.

(L.I.O.N) Lucy Philips

I work with people??? towards self development to achieve financial independence ?? through coaching and mentorship.Simon van der schaar ??

1 年

Well said! Prioritise time and delay gratification.

回复

要查看或添加评论,请登录

Simon van der Schaar (Holistic Wealth)的更多文章

社区洞察

其他会员也浏览了