Impatience is a disease

I got inspired to write this post from the book : Seeking wisdom from darwin to munger by Peter Bevelin

Mahatma Gandhi said: 

"Restlessness and impatience are two diseases and both of them shorten life"

We give more weight to the present than to the future. We seek pleasure today at a cost of what may be better in the future. We prefer an immediate reward to a delayed but maybe larger reward. We spend today what we should save for tomorrow. This means that we may pay a high price in the future for a small immediate reward. For example, we buy things we can't afford on credit cards.

We are impatient in the short run and patient in the far away future. Studies show that we tend to become less patient when rewards are more immediate. Our discount rates (the values we assign to something) are higher in the short run than in the long run. For example, when a small reward is due tomorrow and a larger reward is due in one year, people often prefer the small immediate reward. But

when the small reward is due in one year and the larger reward in two years, people tend to prefer the larger long-term reward. Studies show that one explanation for this is that outcomes occurring in the future are perceived as less certain.

Michel de Montaigne said:

"I conceive that pleasures are to be avoided if greater pains be the consequence, and pains to be coveted that will terminate in greater pleasures."

Consider both the short and long-term consequences of a decision. Weigh present good/bad against future good/bad. Short-term suffering may lead to long term pleasure.

We show the impatience in our daily life at many places like while buying groceries and standing in line for payment, we are not able to bear the wait for our turn, People want to get rich fast but don’t want to put proper effort and don’t want to give time,

people want to reach their destination fast during journey from one place to another place but in the process they forget to enjoy the beauty of the journey.....you can use the same analogy for life as well like people want to be happy and for it they continuously put effort but in the process they forget to enjoy the small moments like play with your kid, spend time with your parents, spend time with your wife etc.

“Life is short, so in the process of to reach somewhere in future, don’t spoil your present”

There is solution to your impatience like:

-         While in queue for payment, instead of looking for your turn just stand and start reading any book-this trick you can use all the places where you need to wait.

-         Instead of getting rich quickly, just start your regular SIP in good wealth generating system and keep it for long time. It’s up to you how much is enough? Remember-money is not everything.

-         Things will take their time to accomplish, so instead of wanting everything now, just have patience and wait.

-         Meditation-This is the solution for all bad behavior of a man.

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Keep reading, keep suggesting and keep learning.

-Mahesh