What are 10 benefits to “doing the thing”
Thanks for this idea @chris407x. To me this is an exercise in exploring low time preference which is a fancy term for playing the long game or delayed gratification.
1. You will make things easier for the future you
This applies to any good decision.
2. Derive short term self satisfaction
Doing something for your future self is very satisfying. Making an IRA contribution is a good example.
3. Control the inputs
Not everything will work out the way you hope but there is also self satisfaction in making the effort to do for your future self.
4. The future is coming sooner than you think
Every young person has heard this from their parents or other older people they associate with. I certainly did and I am telling you it is true.
5. Old doesn't have to be old
Your 50's and probably older decades (will let you know when I get there) can be great when you have a little bit put away to afford some freedom and can still physically do what you want to do. But that comes down to a few good decisions about what things to do in parlance of Chris' challenge.
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