An Example in Self Discipline
I wanted to share this video because I feel as though it makes an excellent case with respect to how people can rein in the desire to spend recklessly. It’s a very easy thing to do to purchase something in order to feel gratification and this video does a wonderful job in describing and exploring it.
In this short talk from TED U, Joachim de Posada shares a landmark experiment on delayed gratification — and how it can predict future success. With priceless video of kids trying their hardest not to eat the marshmallow.
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Great video. I think it also has relevance to teaching kids money management and the understanding of needs vs. wants.