The Property Podcast

What is delayed gratification?  Back in the 1970’s a psychologist named Walter Mischel performed an experiment on children to monitor their behaviour.  He placed a marshmallow in front of them and told them if they didn’t eat that marshmallow by the time he came back in the room, they could have two.  You may have seen something similar doing the rounds on social media with parents trying a temptation test on their children.  The idea behind the experiment was to see if the children could resist having something pretty good right now, to gain something even better in the future.  That’s delayed gratification.  Here’s what to expect on this week’s property podcast episode  Believe it or not, delayed gratification plays a part in investing today. It means having money now, and not spending it so your life can be better in the future.  So in this week’s episode The Robs are going to share some real life examples of why it can be damaging not to delay gratification, and are also sharing their thoughts on