Role of Delayed Gratification

Have you heard the saying, “If you give up one today, you can have two tomorrow” . Yes, this also applies to your investments.

Instead of taking a loan, if you invest for a goal and then realise it, your financial situation can be better. But why?

Taking loans	Investing
You will have to pay interest	You can get returns
Due to interest, you end up paying more	You can make your money grow
Buying things on credit makes you stressed since you have the pressure to payback	Investing in your goals would ensure you stay relaxed even after paying them
With credit, you might be able to meet your goals immediately	You will have to invest regularly and can meet goals after certain period of investing

Therefore, a delay in meeting your goals due to investing can be better.

Delay in investing can be costly.
It’s better to start investing as soon as possible for compounding to work its magic.
Instead of taking a loan, if you invest for a goal and then realise it, your financial situation can be better.

Here is a quick quiz to check your understanding of time and investments.

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Congratulations! Hope you had a good time learning about the role of delayed gratification.

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