Pay me now or pay me later

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Whether you call it deferred gratification or maximizing, it will make you happier. So say researchers at the University of Connecticut.

Their study refers to the fable of the ant and the grasshopper. The ant toiled all summer laying in provisions for the winter to come while the grasshopper played and had a good time. The human version of that ant behavior is called maximizing; the grasshopper behavior is satisficing.

For Satisficers, good enough is good enough. These are the people who would’ve taken one marshmallow in that classic childhood study instead of waiting so they’d get two.

Because Maximizers are concerned with making the very best choices for the future, they were thought by earlier researchers to be less happy. Having so many options to consider might lead to stress and second guessing themselves. Did all that work and no play make Jack or Jill dull?

It turns out that the maximizers aren’t unhappy after all. They feel good about their forward-thinking ways. As you’d expect, they save more money.

Of course, most people aren’t strictly one or the other. The behaviors are on a continuum. So which end of the scale are you on? Do you identify as an ant or a grasshopper?

 

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