“…In the present research, we focus on future time perspective (FTP). FTP is conceptualized as consideration of future events while making present behavioural decisions (Morselli, ; Simons, Dewitte, & Lens, ), and associated with psychological variables such as future orientation (Piko, Luszczynska, Gibbons, & Teközel, ); considerations of future consequences (Strathman, Gleicher, Boninger, & Edwards, ); delay of gratification (Cuskelly, Einam, & Jobling, ); and decreased impulsivity (Allen, Moeller, Rhoades, & Cherek, ). On the one hand, it was suggested that compared to individuals with balanced time perspective, people with a dominant future orientation are inclined to delay gratification and as a result may experience lower levels of subjective well‐being (see Boniwell et al ., ).…”