“Discipline is choosing between what you want now and what you want most.”
We have become such a ‘now’ society. In my parent’s day you didn’t buy anything on time payment, you saved up until you had enough to pay for it. Slowly but surely the urgency has crept in. As soon as the stores were able to set up finance plans we were putting all sorts of things onto a payment plan. Cars, whitegoods and even clothes – pay as you wear. The stores were doing more and more to capture our disposable income. Only it’s no longer disposable for a lot of people. Credit cards have taken over and it’s too easy to pay for something we really can’t afford. Whatever we have bought will be obsolete before we have paid it off. Are you measuring your success against you friends?
It was interesting over this past Xmas. Some family members gave the grandchildren some cash to put towards something they each wanted. The 5 year old had a short fall of about $4 and even though I was going over and the plan was to give some more while there so I could go shopping with them to spend it, he really didn’t get it. I’m not sure at what age they get that sense of waiting longer for something they want most. So he did some chores for Mum to make up the short fall to get his favourite toy. At the end of the day though he did pay cash so I guess he learnt that little lesson and did earn it first. They have done experiments with kids and tell them they can have one sweet now but if they leave it on the plate they can have 2 when the researcher comes back into the room. The majority cannot wait. What are you having to discipline yourself about, to wait until you have saved enough for whatever it is you want most. Our money mind set has a big part to play in all of this but that is a story for another day.
Enjoy choosing between now and delayed gratification!