The marshmallow test: 4 science-supported tips for saving for retirement

Financial pros recommend harnessing the power of a simple gratitude journal, or an ongoing list of the people, experiences and things you are thankful for. What you jot down can be as simple as the invigorating morning run you had with your dog or the peppermint latte you enjoyed for an afternoon pick-me-up.

These small but invaluable experiences can have a positive effect on your money by encouraging delayed gratification. In one Northeastern University study, participants who reflected on experiences that made them feel grateful were as much as 12% more likely to forgo receiving $55 up front, in exchange for $85 in three months.