Results showed that participants who felt grateful were significantly more patient than participants who felt happy or those who thought about a typical day. They were told that a few lucky participants would be randomly chosen to receive the amount they selected. One group spent five minutes writing about an event that made them feel grateful the other group wrote about a time they felt happy the third group wrote about the events of a typical day.Īll participants then made 27 choices between receiving small cash amounts (ranging from $11 to $80) immediately and receiving larger cash amounts (ranging from $25 to $85) at some point in the next six months. In a small study last year, psychologist David DeSteno and colleagues recruited a total of 75 men and women and divided them into three groups. Yet recent research suggests that there's another route to keeping your spending in check by considering your long-term financial well-being: Think of a time you felt grateful. Years of research suggests that willpower is a limited resource - meaning that it won't always be there to help you overcome the urge to splurge, whether on yourself or someone else. If you're relying on willpower alone to avoid overspending this holiday season, well, good luck. Willpower isn't always enough to resist the urge to splurge. Account icon An icon in the shape of a person's head and shoulders.
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