4. It Builds Discipline and Long-Term Success

Self-discipline is a key ingredient for success in all areas of life.

Choosing not to indulge in flashy purchases strengthens your ability to delay gratification, focus on long-term goals, and manage stress better.

Research shows that people in wealthy neighborhoods often spend more compulsively and manage money poorly compared to those in less affluent areas.

Why? Because the pressure to keep up appearances is greater.

Embracing modesty and resisting peer pressure helps you live below your means, invest wisely, and enjoy the deeper rewards of discipline—better health, relationships, and freedom.