0:00
favorite money advice from my 10
0:01
favorite books part two which is one of
0:04
my favorite books of all time the
0:05
psychology of money from this book
0:08
recently published in 2020 by Morgan
0:10
howle I learned the importance of
0:12
cultivating the ability to delay
0:14
gratification delaying gratification
0:16
involves resisting the impulse for
0:17
immediate rewards and focusing on
0:20
long-term goals this skill is crucial
0:22
for saving money investing and achieving
0:24
Financial stability this means being
0:26
consistent with your investment goals no
0:28
matter how tempting it might be to take
0:30
that money and blow it on something that
0:32
might make you happy right now like
0:34
shopping or travel the gratification
0:36
longterm will be much much more