Comments on: The Art of Delayed Gratification http://www.suburbandollar.com/2009/12/30/delayed-gratification/#utm_source=rss&utm_medium=rss&utm_campaign=delayed-gratification Where finance and reality meet Sat, 04 Feb 2012 21:54:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: TheMoneyMan-Leohttp://www.suburbandollar.com/2009/12/30/delayed-gratification/#comment-2201 TheMoneyMan-Leo Thu, 31 Dec 2009 21:06:11 +0000 http://www.suburbandollar.com/?p=2173#comment-2201 Great advice Kyle. Yesterday I discovered a website called SmartyPig.com and it would seem to be a good place to save up money for something specific, although I haven't tried it personally. Of course everyone hates the idea of delayed gratification, but I encourage people to give themselves a week to find a creative way to get something. I would love a big screen TV, the flat-panel kind but I'm not going to pay for one. In the last week I have been offered two big-screen TVs for free. They are the "old" cabinet style but they are big and they are free and free is for me. Devote a week to scouring craigslist and other resources for what you want at a lower cost. A week won't kill you and who knows, the urge to buy it may pass. Great advice Kyle.

Yesterday I discovered a website called SmartyPig.com and it would seem to be a good place to save up money for something specific, although I haven’t tried it personally.

Of course everyone hates the idea of delayed gratification, but I encourage people to give themselves a week to find a creative way to get something. I would love a big screen TV, the flat-panel kind but I’m not going to pay for one.

In the last week I have been offered two big-screen TVs for free. They are the “old” cabinet style but they are big and they are free and free is for me.

Devote a week to scouring craigslist and other resources for what you want at a lower cost. A week won’t kill you and who knows, the urge to buy it may pass.

]]> By: Craig Fordhttp://www.suburbandollar.com/2009/12/30/delayed-gratification/#comment-2196 Craig Ford Wed, 30 Dec 2009 17:53:34 +0000 http://www.suburbandollar.com/?p=2173#comment-2196 I think wanting things NOW is an extremely expensive financial trait. Often times even if we could convince ourselves to wait a week before buying something we would save a lot of money in the long term. Thanks for reminding us of the importance of delayed gratification. I think wanting things NOW is an extremely expensive financial trait. Often times even if we could convince ourselves to wait a week before buying something we would save a lot of money in the long term. Thanks for reminding us of the importance of delayed gratification.

]]> By: Barb Friedberghttp://www.suburbandollar.com/2009/12/30/delayed-gratification/#comment-2195 Barb Friedberg Wed, 30 Dec 2009 15:59:50 +0000 http://www.suburbandollar.com/?p=2173#comment-2195 Kyle, I applaud your post. I have an MBA in finance and BS in Economics and years experience in money management. This post alone, with the concept of delayed gratification and the example of how to avoid taking out a car loan is crucial knowledge for today's consumer. In my life, I have only taken out a car loan once! We have 2 cars now, one is 6 years old and the other is 11. I am happy every time I get into those cars knowing that I can use our family's resources on things we love, like travel, etc. because we don't care about impressing others with new and fancy cars!!! keep it up! Barb Kyle, I applaud your post. I have an MBA in finance and BS in Economics and years experience in money management. This post alone, with the concept of delayed gratification and the example of how to avoid taking out a car loan is crucial knowledge for today’s consumer. In my life, I have only taken out a car loan once! We have 2 cars now, one is 6 years old and the other is 11. I am happy every time I get into those cars knowing that I can use our family’s resources on things we love, like travel, etc. because we don’t care about impressing others with new and fancy cars!!!
keep it up!
Barb

]]> By: Evanhttp://www.suburbandollar.com/2009/12/30/delayed-gratification/#comment-2194 Evan Wed, 30 Dec 2009 15:51:26 +0000 http://www.suburbandollar.com/?p=2173#comment-2194 The easies way to do what you are talking about is rocking out ING Sub-Accounts and naming what they are for. http://www.myjourneytomillions.com/articles/why-is-layaway-becoming-more-popular/ I do that for vacations, Car Downpayments (we lease but that is another story), TVs, Computers, etc. The easies way to do what you are talking about is rocking out ING Sub-Accounts and naming what they are for.

http://www.myjourneytomillions.com/articles/why-is-layaway-becoming-more-popular/

I do that for vacations, Car Downpayments (we lease but that is another story), TVs, Computers, etc.

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