EP 42 THE WEALTH CREATION SHOW: Importance of Delayed Gratification (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/EP42-THE-WEALTH-CREATION-SHOW-Importance-of-Delayed-Gratification-e1pmcfj

 

In the age of one click purchases and easily available credit, instant gratification is seen as the norm. We live in a microwave society “Ping” and the reward is there almost instantaneously with no afterthought on how we will pay for it. Combined with the always-on world of smartphones, which reinforces that you have to get what you want right away. However instant gratification isn’t always best – in fact, impulse control is an essential life skill. When it comes to achieving your goals, delayed gratification is the skill that you need to master to get you there faster.

So how do you master this Delayed Gratification?

Luckily, you don’t need to head back to school to understand this as Jim Parker and Richard Cook are on hand to take you through what delayed gratification means and how to resist the temptation of the immediate reward. As ever, this is based on Jim’s personal experience and wisdom that took him from homeless and unemployed in his early 20’s to financial freedom at 38 years old.

 

If you’ve missed the previous shows you can catch up on our play list: https://www.youtube.com/playlist?list=PLu-dtDBNhbLJvH_47QHVWEQSB0w2_KGj9

 

If you are a private client of ours, including the ongoing support you will also receive an invite for the last Thursday of every month to a private zoom session which will be a deep dive into more detail on portfolio building. If you haven’t received your invite, please contact us to richard.cook@fifeproperties.co.uk

 

This is all about accelerating your wealth in 2022.

 

*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.