but if they waited only a few minutes,they'd receive another one.If they could delay their gratification for a few moments,they'd double their candy.They observed the children until they were adults and learned that the ones who were able to delay their gratification achieved much more success in life than the ones who wanted instant gratification. If you're a spender,you can't delay the gratification.With cash in front of you,just like the marshmallow,you can't resist the urge to have it right now even if you'd have more later.That's why you don't have much savings in the bank,but it doesn't bother you.You've been happy making purchases and enjoying them in the moment.It's worked out well enough for long enough,so you just stick with the habit.But if you've realized that you're trending toward extreme spending,then you're probably looking to kick or curb your habit. These seven ways to calm your impulses will help you cut back on spending: Never use credit cards or other lines of credit.By using cash,you force yourself to consider just how much you're spending. Withdraw cash from your bank account yourself,so that you can see the dwindling balance. Pay as you go.Don't run a tab at a bar,and don't pay everything up front for a romantic weekend getaway.Pay for everything as it comes,and you'll better understand how all that money just "gets away from you." Be vocal about your sav ings goals.If you tell close friends and family how much you intend to save and by what date,they'll hold you accountable.You can even use personal goal setting tools like stick to put money on the line to achieve your long-term financial goals. Reward yourself when you meet your savings goals,but only by spending a responsible percentage of what you saved.This can help prevent frugal fatigue. Stop and ask yourself before each and every purchase whether or not you truly need the item.Know the difference between needs and wants. Look at the future,no matter how uncomfortable it is.Ask yourself questions like how much money you'll need to retire,or how you'll pay for your child's college education. The Savers In another famous experiment,adults had the choice of receiving $50 immediately or waiting a year and receiving $100.Most participants surprised researchers by taking the $50.The instant gratification appeared more valuable than doubling the earnings after a delay.Savers are the rare ones who sacrifice plenty of gratification to make sure to get the full $100 when it's available. Sometimes you'll go without things that you really need,like good medical care through a health insurance policy or a warm coat,because money in the bank is more satisfying than anything you could ever buy.You rarely carry a credit card balance, and even on an average salary,you astound others with the huge nest egg that you've built up over the years,while they took just one marshmallow and the instant $50. While many people take pleasure in buying things,savers don't feel that same way. Instead,you're uncomfortable with shopping,and you feel real emotional pain whenbut if they waited only a few minutes, they’d receive another one. If they could delay their gratification for a few moments, they’d double their candy. They observed the children until they were adults and learned that the ones who were able to delay their gratification achieved much more success in life than the ones who wanted instant gratification. If you’re a spender, you can’t delay the gratification. With cash in front of you, just like the marshmallow, you can’t resist the urge to have it right now even if you’d have more later. That’s why you don’t have much savings in the bank, but it doesn’t bother you. You’ve been happy making purchases and enjoying them in the moment. It’s worked out well enough for long enough, so you just stick with the habit. But if you’ve realized that you’re trending toward extreme spending, then you’re probably looking to kick or curb your habit. These seven ways to calm your impulses will help you cut back on spending: Never use credit cards or other lines of credit. By using cash, you force yourself to consider just how much you’re spending. Withdraw cash from your bank account yourself, so that you can see the dwindling balance. Pay as you go. Don’t run a tab at a bar, and don’t pay everything up front for a romantic weekend getaway. Pay for everything as it comes, and you’ll better understand how all that money just “gets away from you.” Be vocal about your savings goals. If you tell close friends and family how much you intend to save and by what date, they’ll hold you accountable. You can even use personal goal setting tools like stick to put money on the line to achieve your long-term financial goals. Reward yourself when you meet your savings goals, but only by spending a responsible percentage of what you saved. This can help prevent frugal fatigue. Stop and ask yourself before each and every purchase whether or not you truly need the item. Know the difference between needs and wants. Look at the future, no matter how uncomfortable it is. Ask yourself questions like how much money you’ll need to retire, or how you’ll pay for your child’s college education. The Savers In another famous experiment, adults had the choice of receiving $50 immediately or waiting a year and receiving $100. Most participants surprised researchers by taking the $50. The instant gratification appeared more valuable than doubling the earnings after a delay. Savers are the rare ones who sacrifice plenty of gratification to make sure to get the full $100 when it’s available. Sometimes you’ll go without things that you really need, like good medical care through a health insurance policy or a warm coat, because money in the bank is more satisfying than anything you could ever buy. You rarely carry a credit card balance, and even on an average salary, you astound others with the huge nest egg that you’ve built up over the years, while they took just one marshmallow and the instant $50. While many people take pleasure in buying things, savers don’t feel that same way. Instead, you’re uncomfortable with shopping, and you feel real emotional pain when