Quote by MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY - Deepstash
Deep Dive Into The Fashion Industry

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Deep Dive Into The Fashion Industry

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MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

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

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

33

481 reads

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MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"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, THE PSYCHOLOGY OF MONEY

31

289 reads

-MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

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

-MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

35

352 reads

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"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."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

31

291 reads

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"I love Voltaire's observation that "History never repeats itself; man always does."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

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370 reads

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Nothing is as good or as bad as it seems."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

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292 reads

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Money's greatest intrinsic value-and this can't be overstated-is its ability to give you control over your time."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

29

308 reads

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Key Lesson from "Psychology of money" written by Morgan Housel

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

We tend to judge wealth by what we see because that’s the information we have in front of us. But the truth is that wealth is what you don’t see. Rich is a current income. Nice cars...

Material things and the value of time

An irony of modern society is that many people work more to have more money to buy more stuff, but because they have so much stuff, they need more money, which means they have to work more, which means they have less time. To escape this vicious cycle:

A Monthly Budget For Your Money

No matter how little or how much money you earn, creating a monthly budget is one of the most important aspects of managing your finances. What gets measured gets managed.

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