Distruzio wrote:Othelos wrote:Because they don't want to pay extra in the short term for long term benefits.
I get that a lot when I suggest life insurance and retirement planning to my clients. They shrug their shoulders as if the future is some far off place that they'll worry about when its right in front of them. *sigh*
the sad part is that mentality may very well be instinctual, Brains that favor immediate gains in conscious decisions did better because up until we invented advanced science and large societies the future was too unpredictable, and you could easily wind up with nothing. saving for a few days could be helpful but saving for a year would have been wasted effort prior to the invention of agriculture. The few long term investments we have any ability at are things we construct right in front of us, so there is immediate feedback of progress, a solid highly beneficial goal, and very little feeling of risk (you control as much as possibly and the thing lasts for a long time).