Yea I would take the $1,000 today over the $1,100 in a year but I would take the $2,000 in a year over the $1,000 today. Worst case I take a $1,000 loan with an compounded interest rate that is lower than 100% and just wait for the $2,000 to get here.

To your point though, everyone is different and what people do is dependent on their individual circumstances. Like if someone needs food or they want to start a business today they could care less about the $2,000 in a year.

I think you conveyed it well! Thanks for stopping by!