RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Spending Smart: Self-control, Smells and Spending

Home Consumer
By Gregory Karp
February 24, 2014, 4 pm
Reading Time: 4 mins read

The most profound results of the study came when Mischel tracked down those children later in life.

Children in the experiment who were able to delay gratification, waiting until the researcher returned and claiming the bonus marshmallow, grew up to have fewer behavioral problems, higher scores on college entrance exams, better attention spans and superior social relationships.

In short, they had more life success as adults.

The study was long cited as evidence that such self-discipline was a major contributor to personal success, perhaps more than other factors such as intelligence.

A more recent study in 2012 at the University of Rochester built on Mischel’s research. It suggested the child’s choices might also be influenced by how much the kid trusted the researcher to come back with the second marshmallow—that nature and nurture influenced the marshmallow decision.

Gregory Karp, the author of “Living Rich by Spending Smart,” writes for the Chicago Tribune.

©2014 Chicago Tribune
Distributed by MCT Information Services

Page 3 of 3
Prev123

Related Posts

Data
Economy

Econ Review: A Look at March’s Key Market Data

April 2, 2026
REMAX
Agents

Arizona’s REMAX Fine Properties & REMAX Solutions Merge

April 2, 2026
Mortgage Rates Continue to Climb in ‘Complicated Intersection’ of Geopolitics and Economic Policy
Industry News

Mortgage Rates Continue to Climb in ‘Complicated Intersection’ of Geopolitics and Economic Policy

April 2, 2026
Great Spaces: Oh, the Places You’ll Go in This La Jolla Legacy Estate
Industry News

Great Spaces: Oh, the Places You’ll Go in This La Jolla Legacy Estate

April 2, 2026
The Next Evolution of Home Search: Shopping Based on Verified Buying Power
Industry News

The Next Evolution of Home Search: Shopping Based on Verified Buying Power

April 2, 2026
Market
Industry News

Spring Market Attempts to Bloom, Despite Cloudiness of Geopolitical Tensions

April 2, 2026
Please login to join discussion
Tip of the Day

5 Key Reasons FSBOs Regret Not Using a Real Estate Agent

Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.

Business Tip of the Day provided by

Recent Posts

  • Econ Review: A Look at March’s Key Market Data
  • Arizona’s REMAX Fine Properties & REMAX Solutions Merge
  • Mortgage Rates Continue to Climb in ‘Complicated Intersection’ of Geopolitics and Economic Policy

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2026 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2026 Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2026 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X