It's a minimalist Monday edition of Optimal Finance Daily, episode 1676.

The delay of gratification, reward, and regret by Amberly Grant with Fyology.com.

And I'm your host and personal finance enthusiast, Diana Mariam.

We have a new site being featured today, Fyology.com.

I'll share more about that right after the reading, but for now, let's get right to it

and start optimizing your life.

The delay of gratification, reward, and regret by Amberly Grant with Fyology.com.

The delay of gratification is essential to success.

But what happens if we delay gratification for too long or too often?

You've heard of the Stanford Marshmallow experiment.

Put a marshmallow in front of a child and tell them that they will get too

if they don't eat it for 15 minutes.

Some eat it, some don't.

The intent of the test is to identify the ability to resist temptation and delay pleasure.

The results indicate those able to delay gratification have greater success in life.

However, metrics of success are an indicator for how happy you are

or if you're ultimately fulfilled.

What does delay of gratification mean?

Britannica defines the delay of gratification as the act of resisting an impulse

to take an immediately available reward in the hope of obtaining a more valued reward in the future.

The ability to delay gratification is essential to self-regulation or self-control.

It's true that delayed gratification can serve you well throughout life.

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