The money-saving philosophy I've used since college has helped me buy the things I truly want

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She's been doing it for seven years

. I cut back on impulse Starbucks buys, Target runs, and trips to the mall. I'd be lying if I said this was easy.

In my opinion, delayed gratification — putting off what we want now to get something bigger and better later on — is the key to financial success. Seven years after graduating college, I'm still using it to buy the things that matter the most to me. However, delayed gratification allowed us to enjoy a beautiful, new concrete driveway without owing anyone anything. The same strategy has also allowed us to get a new car, increase our retirement savings, go on vacation, and make other improvements to our home without making payments for the next few years.

 

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