I asked a friend what’s her usual impulse buy and without hesitation, she said it’s makeup. She then went on to tell me her latest purchases, which I must say […]
Continue readingTag: delayed gratification
The Rules of Wealth Never Changes and Here’s Proof
What is the most basic rule to follow if you want to become rich? I believe it’s to spend less than what you earn. The better version is: Spend less […]
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The Choice Between Enjoying Now and Preparing for Tomorrow
It’s 5:00 AM and my alarm clock rings — a reminder to get up and do my morning run. I wake up, turned off the alarm, and decided to go […]
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How I Was Able To Turn My Life Around
I am often asked by people how I was able to quit the corporate world and become an entrepreneur. And many times, I would simply share my life story to […]
Continue readingJoachim de Posada: Don't Eat The Marshmallow Yet
Do you know the story of Walter Mischel and his marshmallow test? I wrote about the Stanford Marshmallow Test here more than a year ago and it’s wonderful to relive […]
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The Farmer and The Calf: An Investment Story
I remember reading a story years ago about a farmer who received a calf from a rich man. Hopeful that the calf will be able to help him have a […]
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The Stanford Marshmallow Test and Lessons On Delayed Gratification
In the late 1960’s, a psychologist named Walter Mischel conducted an experiment on a group of four-year olds. He gave each child a marshmallow and told them that if they […]
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