Spending money to show people how much money you have is the fastest way to have less money.
- Morgan Housel - Topics: Money.
Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness. The ability to do what you want, when you want, with who you want, for as long as you want to, pays the highest dividend that exists in finance.
Less ego, more wealth. Saving money is the gap between your ego and your income, and wealth is what you don’t see. So wealth is created by suppressing what you could buy today in order to have more stuff or more options in the future.
Some lessons have to be experienced before they can be understood
- Morgan Housel - Topics: Debt, Money.
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