My business partner wants to take out a loan to expand faster while I want to save up the cash first and we're both right about the risks we're worried about but we're stuck because neither of us wants to be responsible for the outcome if the other person's approach fails.
More people experience this than they realize.
Two people must choose between different forms of delayed gratification while sharing the consequences of being wrong.
“Where Are You with Saving and the psychology of deferred gratification?”
If this sounds familiar, the Library can help you find the bigger picture.