In today's episode, Tom talks about delayed gratification and the impact it has in life and wealth. Everything is essentially one click away; Amazon, dinner, clothes, entertainment, etc. When it comes to your wealth and life, doing things the easy way doesn't always pay off. But being disciplined teaches you to be patient and think about the long term. Evaluate what you're invested in and determine if it's a good long-run option. Set up a call today so you can continue to grow and learn over the rest of your life.
Highlights
03:21 The marshmallow challenge and its relation to delayed gratification and future success
07:15 Importance of having the right financial habits, such as saving consistently and spending less
11:16 The need to constantly learn and grow, especially in areas important to our finances and personal well-being.
13:01 Embracing challenges as a way to improve and grow, following the philosophy of stoicism
15:03 Thinking about long-term impacts and legacies, considering what we want to leave for future generations
15:51 Making personal and educated investment choices to reduce risk and enhance returns
Episode Resources
Call to Action
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