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Any fool can spend money. But to earn it and save it and defer gratification—then you learn to value it differently.
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Malcolm Gladwell (David and Goliath: Underdogs, Misfits, and the Art of Battling Giants)
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The concept of deferred gratification, or sacrificing now to save for the future, can be helpful in setting aside money in a retirement account for old age. It can also serve as an effective rationalization for life avoidance.
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Chris Guillebeau (The Art of Non-Conformity: Set Your Own Rules, Live the Life You Want, and Change the World)
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Capitalism is what happens when people drop their time preference, defer immediate gratification, and invest in the future. Debt‐fueled mass consumption is as much a normal part of capitalism as asphyxiation is a normal part of respiration.
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Saifedean Ammous (The Bitcoin Standard: The Decentralized Alternative to Central Banking)
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Masochism is more widespread than we realize because it takes an attenuated form. The basic dynamism is as follows: a human being sees something bad which is coming as inevitable. There is no way he can halt the process; he is helpess. This sense of helplessness generates a need to gain some control over the impending pain -- any kind of control will do. This makes sense; the subjective feeling of helplessness is more painful than the impending misery. So the person seizes control over the situation in the only way open to him: he connives to bring on the impending misery; he hastens it. This activity on his part promotes the false impression that he enjoys pain. Not so. It is simply that he cannot any longer endure the helplessness or the supposed helplessness. But in the process of gaining control over the inevitable misery he becomes, automatically, anhedonic. Anhedonia sets in stealthily. Over the years it takes control of him. For example, he learns to defer gratification; this is a step in the dismal process of anhedonia. In learning to defer he gratification he experiences a sense of self-mastery; he has become stoic, disciplined; he does not give way to impulse. He has "control". Control over himself in terms of his impulses and control over the external situation. He is a controlled and controlling person. Pretty soon he has branched out and is controlling other people, as part of the situation. He becomes a manipulator. Of course, he is not conciousily aware of this; all he intends to do is lessen his own sense of impotence. But in his task of lessening this sense, he insidiously overpowers the freedom of others. Yet, he dervies no pleasure from this, no positive psychological gain; all his gains are essential negative.
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Philip K. Dick (VALIS)
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Revenge is the capitalism of the poor: conserve the original wound, defer immediate gratification, fatten the first insult with new insults, invest and reinvest spite, and ke waiting for the perfect moment to strike back.
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Aravind Adiga (Selection Day)
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Of course the crank religions wouldn't like it, in view of the fact that their raison d'etre was based on misery, indefinitely deferred gratification, and sexual frustration ...
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Margaret Atwood (Oryx and Crake (MaddAddam, #1))
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Those who advocate that today's youth should be taught abstinence or deferred gratification rather than sex education will find no 1950s model for such restraint. 'Heavy petting' became a norm of dating in this period, while the proportion of white brides who were pregnant at marriage more than doubled. Teen birthrates soar, reaching highs that have not been equaled since.
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Stephanie Coontz (The Way We Never Were: American Families and the Nostalgia Trap)
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The black conservatives claim that the decline of values such as patience, deferred gratification, and self-reliance have resulted in the high crime rates, the increasing number of unwed mothers, and the relatively uncompetitive academic performances of black youth. And certainly these sad realities must be candidly confronted. But nowhere in their writings do the new black conservatives examine the pervasiveness of sexual and military images used by the mass media and deployed by the advertising industry in order to entice and titillate consumers. Black conservatives thus overlook the degree to which market forces of advanced capitalist processes thrive on sexual and military images.
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Cornel West (Race Matters)
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The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.
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Glenn Reynolds
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Deferral of gratification may be an effect, not a cause. Just because some children were more effective than others at distracting themselves from [the marshmallow in the famous Marshmallow Test] doesn't mean this capacity was responsible for the impressive results found ten years later. Instead, both of these things may have been due to something about their home environment. If that's true, there's no reason to believe that enhancing children's ability to defer gratification would be beneficial: It was just a marker, not a cause. By way of analogy, teenagers who visit ski resorts over winter break probably have a superior record of being admitted to the Ivy League. Should we therefore hire consultants to teach low-income children how to ski in order to improve the odds that colleges will accept them?
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Alfie Kohn (The Myth of the Spoiled Child: Coddled Kids, Helicopter Parents, and Other Phony Crises)
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And you looked at it in a way that entirely benefited them and not you. The cumulative effect this would have over time would be profound: You’d learn a great deal by solving diverse problems. You’d develop a reputation for being indispensable. You’d have countless new relationships. You’d have an enormous bank of favors to call upon down the road. That’s what the canvas strategy is about—helping yourself by helping others. Making a concerted effort to trade your short-term gratification for a longer-term payoff. Whereas everyone else wants to get credit and be “respected,” you can forget credit. You can forget it so hard that you’re glad when others get it instead of you—that was your aim, after all. Let the others take their credit on credit, while you defer and earn interest on the principal.
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Ryan Holiday (Ego Is the Enemy)
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have an enormous bank of favors to call upon down the road. That’s what the canvas strategy is about—helping yourself by helping others. Making a concerted effort to trade your short-term gratification for a longer-term payoff. Whereas everyone else wants to get credit and be “respected,” you can forget credit. You can forget it so hard that you’re glad when others get it instead of you—that was your aim, after all. Let the others take their credit on credit, while you defer and earn interest on the principal.
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Timothy Ferriss (Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers)
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There is a terrible poignancy in this room of gratifications deferred".
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Joyce Johnson (Minor Characters: A Beat Memoir)
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they found that some emotionally involved brain structures were highly activated by the choice of immediate or near-term rewards. These areas were associated with impulsive behavior, including drug addiction. In contrast, when participants opted for longer-term rewards with higher return, lateral areas of the cortex involved in higher cognition and deliberation were more active.18 And the higher the activity in these lateral areas, the more the participant was willing to defer gratification.
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David Eagleman (Incognito: The Secret Lives of the Brain)
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If character development is a foundation of democratic societies, consider some of the ways emotional intelligence buttresses this foundation. The bedrock of character is self-discipline; the virtuous life, as philosophers since Aristotle have observed, is based on self-control. A related keystone of character is being able to motivate and guide oneself, whether in doing homework, finishing a job, or getting up in the morning. And, as we have seen, the ability to defer gratification and to control and channel one's urges to act is a basic emotional skill, one that in a former day was called will.
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Daniel Goleman (Emotional Intelligence: Why It Can Matter More Than IQ)
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I heard in a sermon once that the definition of self-control was to choose the important over the urgent. I think as a writer, it is difficult but necessary to defer gratification and to do the work and to keep doing the work regardless of its prospects. I think John Gardner’s advice to writers was very good—basically, not to expect that writing would provide for your needs, but to write anyway if you must. Often, I’ve wished that I could’ve had quicker success, greater financial security, more respect, et cetera, as a writer. For nearly twelve years now since leaving the law, I have often felt ashamed for wanting to be a writer and doubtful of my talents. What helped in these moments was to consider what was important, rather than the urgent feelings of embarrassment and helplessness. What was important is still important now: to learn to write better in order to better complete the vision one holds in one’s head and to enjoy the writing, because the work has to be the best part.
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Min Jin Lee (Free Food for Millionaires)
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Niceness—let’s define it broadly as “deferring immediate self-gratification in favor of the common good”—is a road to building happy families, to making great works of art, to sending human beings to the moon.
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Gavin Edwards (The World According to Tom Hanks: The Life, the Obsessions, the Good Deeds of America's Most Decent Guy)
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Like Rockefeller, he advocated self-discipline and deferred gratification.
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Ron Chernow (Titan: The Life of John D. Rockefeller, Sr.)
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The old truths about the value of study and hard work, of deferred gratification and determination, of making the right moral choices in life, are no less true simply because they are old.
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Jeremy S. Adams (Hollowed Out: A Warning about America's Next Generation)
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Fact-check: Wax had attacked no students. Her argument was against the 1960s countercultural revolution that had undermined the legitimacy of bourgeois values. Unanswered question: Were Wax and Alexander wrong that the virtues of self-restraint, deferred gratification, and future orientation are key for economic and personal progress, and that an anti-achievement, anti-authority culture of drug use and a detachment from the workforce is inimical to advancement? GET-UP had nothing to say about those key matters.
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Heather Mac Donald (The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture)
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All choices and avoidances are relative to concrete circumstances. The answer to moral questions is always: carry out hedonic calculus. Measure the advantages versus the disadvantages. Since a pleasant life is the goal, we must avoid or defer instant gratification if it carries disadvantages greater than the pleasure it brings. We therefore sometimes choose disadvantages in the hopes of a greater, longer-term pleasure.
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Massimo Pigliucci (How to Live a Good Life: Choosing the Right Philosophy of Life for You)
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The important thing is that she has a parent who listens to how she feels when she yearns for something, and that helps her develop the important life skill of deferred gratification.
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Joanna Faber (How to Talk so Little Kids Will Listen: A Survival Guide to Life with Children Ages 2-7 (The How To Talk Series))
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It’s all about deferred gratification,” says Sleep. “When you look at all the mistakes you make in life, private and professional, it’s almost always because you reached for some short-term fix or some short-term high. . . . And that’s the overwhelming habit of people in the stock market.
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William Green (Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life)