COAD: I don’t believe the adage “What you don’t know can’t hurt you?” Whoever said that was a complete and total moron.
COAD: Most people who overspend their income in one of three ways:
- Too much house.
- Too much car.
- Too much entertainment.
COAD: Delayed gratification means learning to give up temptation for long-term benefit. There are a multitude of hidden benefits associated with practicing delayed gratification and if you take the time to realize the huge significance it can have on your life, you’ll soon begin to practice it with ease and reap the immense benefits that come with it.