Learn more about moneyandinvestments with this collection
Techniques for brainstorming and generating new ideas
The power of collaboration and feedback in the creative process
How to recognize and overcome limiting beliefs
Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with
THE PSYCHOLOGY OF MONEY
4
9 reads
MORE IDEAS ON THIS
Arrange your financial life in a way that a bad investment here and a missed financial goal there won’t wipe you out so you can keep playing until the odds fall in your favor
THE PSYCHOLOGY OF MONEY
4
17 reads
“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.
THE PSYCHOLOGY OF MONEY
4
10 reads
A good rule of thumb for a lot of things in life is that everything that can break will eventually break
THE PSYCHOLOGY OF MONEY
4
15 reads
Warren Buffett’s net worth is $84.5 billion. Of that, $84.2 billion was accumulated after his 50th birthday
THE PSYCHOLOGY OF MONEY
4
16 reads
Doing well with money has a little to do with how smart you are and a lot to do with how you behave
THE PSYCHOLOGY OF MONEY
3
12 reads
Modern capitalism is a pro at two things: generating wealth and generating envy
THE PSYCHOLOGY OF MONEY
3
15 reads
You can build wealth without a high income, but have no chance of building wealth without a high savings rate
THE PSYCHOLOGY OF MONEY
4
13 reads
It gets dangerous when the taste of having more—more money, more power, more prestige— increases ambition faster than satisfaction
You feel as if you’re falling behind, and the only way to catch up is to take greater and greater a...
THE PSYCHOLOGY OF MONEY
3
8 reads
There's only one way to stay wealthy: some combination of frugality and paranoia. And that's a topic we don't discuss enough.
THE PSYCHOLOGY OF MONEY
3
11 reads
Spending money to show people how much money you have is the fastest way to have less money
THE PSYCHOLOGY OF MONEY
4
11 reads
CURATED FROM
IDEAS CURATED BY
15 Powerful Financial Lessons From the Book "The Psychology of Money"
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Related collections
Other curated ideas on this topic:
True Wealth Is Freedom
Controlling your time is the highest dividend money pays. The highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want, when I want, with who I want, for as long as I want.” This is the highest dividend money pays:
- The ...
Buying luxury brands
Many consumers who buy luxury goods are not in a financial position to afford luxury goods. They do not always act rationally and may spend thousands of dollars on a luxury brand that performs the same function as a similar durable item at a much lower cost.
...Luxury goods produce positive feelings
- In some cases, purchasing a luxury item can increase self-esteem and give a sense of belonging.
- Some people buy luxury goods as a form of retail therapy.
- Others reward themselves with a luxury item that they typically can't afford.
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