NOW vs LATER mindset & NEVER mindset

The "now vs. later" mindset is a psychological concept that describes the tendency to value immediate gratification over future benefits. This is also known as the "I want it now" mentality or Hyperbolic Discounting. 

Hyperbolic discounting is a cognitive bias that causes people to choose immediate rewards over larger, later rewards.

• Here are some things to consider about the "now vs. later" mindset: 

• Present bias

• This is a strong bias that causes people to put more value on having things now, rather than having them later. 
  
• Delayed gratification
  Practicing delayed gratification can help people overcome addiction, achieve long-term goals, and improve their financial well-being. 

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• Goals
  While it's important to have goals for the future, it's also important to live in the present to gain the skills and knowledge needed to achieve those goals.
  
• Fixed mindset

  People with a fixed mindset may believe that their skills and qualities are unchangeable. They may also be devastated by their perceived limits and think they are not smart enough, talented, or capable of success.