Not every child will naturally choose to wait or be tolerant; hence imbibing delayed gratification is key. To help your child be a delayed gratifier, try the popular ‘marshmallow experiments’ conducted by Walter Mischel and a team of researchers at Stanford University in the early 1970s. Here are a few ways to teach your child to help your child imbibe delayed gratification:Giving your child his own money is one of the most fundamental ways to teach him how to make smart decisions. Let your child see the money on the table: Literally speaking your child should see your income and then you begin to do the math on bills for the month. Delayed gratification is a key component of financial independence and a great life skill for excellence.

Source: The Guardian July 02, 2022 03:45 UTC