Habit 24

They Think Long-Term

Secret 50 for Creating Your Own Success: Delay Short-Term Gratification

Essential attributes that differentiates the person who lives for today from self-made millionaires are their buying habits, the manner in which they satisfy their wants and needs, and the way they live their everyday lives in order to plan for their future wants and needs.

Individuals who thrive on instant gratification often base their purchasing decisions on their emotional wants. Those who delay instant gratification are big-picture thinkers and make purchasing decisions based on their needs. They delay their emotional wants in order to accomplish their long-term goals faster.

Unfortunately, most people have not been taught this skill. Those ...

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