Man in the Car Paradox - Deepstash
Man in the Car Paradox

Man in the Car Paradox

No one is impressed with your possessions as much as you are.

People tend to want wealth to signal to others that they want to be liked and admired. But in reality, those other people often bypass admiring you, not because they don’t think wealth is admirable, but because they use your wealth as a benchmark for their own desire to be liked and admired.

  • You might think you want an expensive car, a fancy watch, and a huge house. What you really want is respect and admiration from other people.
  • Having expensive stuff will never bring people to respect and admire you.

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pipge

Total food specialist. Friendly webaholic. Coffee fan. Proud analyst. Tv expert. Explorer. Travel nerd. Incurable beer advocate.

The Psychology of Money is a collection of short stories exploring the strange ways people think about money and teaches you how to make better sense of it.

The idea is part of this collection:

The Psychology of Money

Learn more about moneyandinvestments with this collection

How to develop a healthy relationship with money

How to create a budget

The impact of emotions on financial decisions

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