Subjective discount rates have been used as measures of time preferenc
e to explain saving behavior, with varying results. There is also a la
ck of agreement between different explanatory models of subjective dis
count rates. In this paper, it is argued that a better understanding o
f subjective discount rates can be reached by using groups with differ
ent financial strategies as domains. It is shown by PLS and regression
analyses that the mental discounting process differs between groups p
racticing different financial strategies and that the explained varian
ce of subjective discount rates and thus the understanding of such rat
es are improved by using financial strategy groups as domains.