Patience Pays: The Power of Delayed Gratification

11/04/2024 19 min
Patience Pays: The Power of Delayed Gratification

Listen "Patience Pays: The Power of Delayed Gratification"

Episode Synopsis

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards. Here’s what we discuss in this episode:0:00 – Intro 2:00 – 401k match3:28 – Tax-deferred accounts5:17 – Emergency fund6:18 – Cash out retirement plan early 8:47 – Delaying home maintenance10:23 – Social Security12:53 – Health14:36 – Wrong advisorHave questions or want to get your financial plan started? Here's how to contact us: Website: https://theaudibleadvisor.com/ Phone: (727) 754-8418 Email: [email protected] Watch the show on YouTube: https://bit.ly/3VmzCUx