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Morgan Housel

The Art of Spending Money

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From the bestselling author of The Psychology of Money and Same as Ever, lessons on harnessing the power of money to live a happier life
Most of us don’t know how to spend money. We chase things that impress others but leave us cold. Or we save endlessly, afraid to spend on what would actually make life better. We confuse admiration with envy, comfort with excess, and utility with status. 
The Art of Spending Money doesn't provide budgets, hacks, or one-size-fits-all solutions. It gives you understanding of how your relationship with money shapes your decisions—and how to reshape it so money works for you.
Morgan Housel’s work has helped millions rethink how they earn, save, and invest. Now he turns his attention to the other side of the equation: how to spend. With insight and warmth, he shows why the most valuable return on investment is peace of mind, why expectations matter more than income, and why doing well with…
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  • Turar Kametayцитує7 місяців тому
    The independence to do what you want, and the wisdom to want to do meaningful things.
  • Turar Kametayцитує7 місяців тому
    Compound interest, which turns patience today into fortunes tomorrow.
    The fact that you are one day closer to death than you were yesterday, so make the most of your short time here and enjoy every day you’re lucky enough to be alive. There is a Scottish proverb: “Be happy while you are living, for you are a long time dead.”
    The struggle is knowing how much you should invest for the future versus spend today.
  • Turar Kametayцитує8 місяців тому
    happy when what I’m doing is helping people and unhappy when what I’m doing isn’t helping people
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