Delayed Gratification: A Strategy to Curb Over-Spending and Secure A Sound Financial Future
Prairie Eco-Thrifter
JUNE 24, 2012
Now admit it – you’ve got something in the back of your closet that you bought on impulse and have never worn or used! This is someone economists call a “ steep discounter ,” meaning the value he puts on the future (and having money then) is dramatically less than the value he places on today; when he wants something, he wants it now.
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