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re: On Instant Gratification

Posted on 10/7/14 at 10:33 am to
Posted by Zach
Gizmonic Institute
Member since May 2005
112611 posts
Posted on 10/7/14 at 10:33 am to
One example I see regularly is passing by really crappy houses with an expensive car in the drive way. Saving for a down payment for a nice house takes a lot longer than buying a nice car. But the car is instant gratification.
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 10/7/14 at 10:39 am to
quote:

One example I see regularly is passing by really crappy houses with an expensive car in the drive way. Saving for a down payment for a nice house takes a lot longer than buying a nice car. But the car is instant gratification.


Exactly. Then many of those people probably wonder why they have financial problems. They don't see that their decision making directly contributed to their problems.
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