It's all too easy to fall into the trap of instant gratification. We want what we want, and we want it now! But teaching kids about delayed gratification can help them be better prepared for their future. For example, if your kids have savings accounts and other long-term investments, they'll have more opportunities to save money later in life. If a child learns how to delay gratification early on in life then he or she will be able to delay gratification throughout adulthood as well.
A Concept for Kids and Parents to Learn Together
Delayed gratification is a concept that can be difficult for children to grasp. But it's an important lesson for kids to learn, especially as they get older and begin making their own decisions. Teaching your child about delayed gratification can help them make better choices in the future by fostering patience and self-control--two qualities that will benefit them in school and at home.
When you teach children about delayed gratification, you're also teaching them how to be independent thinkers who understand what they want out of life (and when they need it). This concept is one-way parents can bond with their children while teaching them something new!

Why is it Important?
Delayed gratification is the ability to wait for something you want, even though you want it right now. It's a useful skill that helps kids develop their self-control, manage impulses and build confidence. Here are some of the benefits:
It's good for your savings account. Kids who learn to delay gratification can be more successful at saving money for future goals like college or retirement because they won't spend everything on immediate pleasures like toys and sweets.
It teaches them how to think about the future in concrete terms--and that helps when making financial decisions later in life!
Practicing delayed gratification helps kids become less impulsive as adults--which means fewer impulse buys (and less consumerism).
Get your kids interested in saving by teaching them about delayed gratification.
When you teach your kids about delayed gratification, they're more likely to save money and spend it wisely.
Teach your kids about saving money. Explain that saving is putting money away for a rainy day so that you can buy something later on if you need it or want it. Let them know that if they don't save now, there may not be enough when they grow up!
Help them understand how important it is to spend wisely--and why this is so important in our economy today: "If everyone went out and bought everything they wanted right now without thinking about whether or not there was enough money available for everyone else who wanted those same things (or had already purchased theirs), then prices would go up because companies would have no choice but to charge more per item since demand has increased -- which means fewer people would be able to afford these products."
How to teach delayed gratification to your kids?
Delayed gratification is the ability to wait for something you want, even if it's not immediately available. It's important to teach kids delayed gratification because it will help them make better decisions in the future, and they'll be more likely to achieve their goals.
Here are some examples of delayed gratification:
You're at an amusement park with your family and you want to ride every single ride before you leave. You can't do that because it would take too much time and energy, so instead of riding all of them right away, what do you do? Do you go on one or two rides at first and save the rest for later? That's an example of delayed gratification!
Your friend invites you over for dinner but doesn't let anyone know when she plans on serving dinner until 30 minutes before eating starts (and then only tells them verbally). This means everyone has to wait around until then--and no snacks are allowed either! This scenario demonstrates immediate gratification versus delayed gratification because everyone must remain patient while waiting for food which could take hours depending on how much time passes between being told about dinner plans until actually sitting down at table together."
If you and your children can delay gratification, you'll enjoy more success in life.
You and your children can benefit from learning about delayed gratification. If you can delay gratification, then you'll be better able to save for things that are important to you. You'll also be able to make good decisions about money and set goals for yourself.
This skill will help kids in school, too! It's common for kids who learn this skill early on to do better on tests because they know how not to give up when things get hard or boring at first glance.
Delayed gratification is a concept that can benefit everyone, from children to adults. It's important for kids to learn this skill because it will help them in school and throughout their lives. By teaching your children about delayed gratification, they'll be able to make better decisions when faced with temptations like candy or toys. And these decisions will pay off when they grow up!