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The Marshmallow Test:

The Marshmallow Test:

A simple way to see if children have the ability to delay gratification.

Rajat Soni, CFA's avatar
Rajat Soni, CFA
Apr 26, 2023
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Mindful Money
Mindful Money
The Marshmallow Test:
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Delayed gratification is the ability to resist an immediate reward in favor of a larger, more significant reward in the future.

Walter Mischel conducted a well-known psychological experiment called The Marshmallow Test in the late 1960s and early 1970s. The experiment aimed to test children's ability to delay gratification and its implications for succes…

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