The Psychology of Money Quotes by Morgan Housel - Deepstash

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MORGAN HOUSEL

“Some people are born into families that encourage education; others are against it. Some are born into flourishing economies encouraging of entrepreneurship; others are born into war and destitution. I want you to be successful, and I want you to earn it. But realize that not all success is due to hard work, and not all poverty is due to laziness. Keep this in mind when judging people, including yourself.”

MORGAN HOUSEL

62

842 reads

MORGAN HOUSEL

“Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.”

MORGAN HOUSEL

59

876 reads

MORGAN HOUSEL

“Spending money to show people how much money you have is the fastest way to have less money.”

MORGAN HOUSEL

55

843 reads

MORGAN HOUSEL

“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.”

MORGAN HOUSEL

62

679 reads

MORGAN HOUSEL

“Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.”

MORGAN HOUSEL

54

701 reads

MORGAN HOUSEL

“Controlling your time is the highest dividend money pays.”

MORGAN HOUSEL

52

594 reads

MORGAN HOUSEL

“Independence, to me, doesn’t mean you’ll stop working. It means you only do the work you like with people you like at the times you want for as long as you want.”

MORGAN HOUSEL

52

620 reads

MORGAN HOUSEL

“Be nicer and less flashy. No one is impressed with your possessions as much as you are. You might think you want a fancy car or a nice watch. But what you probably want is respect and admiration. And you’re more likely to gain those things through kindness and humility than horsepower and chrome.”

MORGAN HOUSEL

59

528 reads

MORGAN HOUSEL

“Progress happens too slowly to notice, but setbacks happen too quickly to ignore.”

MORGAN HOUSEL

60

547 reads

MORGAN HOUSEL

“Things that have never happened before happen all the time.”

MORGAN HOUSEL

51

522 reads

MORGAN HOUSEL

“Saving is the gap between your ego and your income.”

MORGAN HOUSEL

54

506 reads

MORGAN HOUSEL

“Nothing is as good or as bad as it seems.”

MORGAN HOUSEL

45

445 reads

MORGAN HOUSEL

“Growth is driven by compounding, which always takes time. Destruction is driven by single points of failure, which can happen in seconds, and loss of confidence, which can happen in an instant.”

MORGAN HOUSEL

52

483 reads

MORGAN HOUSEL

“Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you.”

MORGAN HOUSEL

55

498 reads

MORGAN HOUSEL

“Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with.”

MORGAN HOUSEL

50

481 reads

MORGAN HOUSEL

“You are one person in a game with seven billion other people and infinite moving parts. The accidental impact of actions outside of your control can be more consequential than the ones you consciously take.”

MORGAN HOUSEL

50

473 reads

MORGAN HOUSEL

“Risk is what’s left over when you think you’ve thought of everything.”

MORGAN HOUSEL

47

493 reads

MORGAN HOUSEL

“Plan to survive reality. Future filled with unknown is everyone’s reality.”

MORGAN HOUSEL

51

539 reads

CURATED BY

lil_ww

"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson

A selection of quotes from the book The Psychology of Money by Morgan Housel

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