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Never Enough
The hardest financial skill is getting the goalpost to stop moving.
But it's one of the most important. If expectations rise with results there is no logic in striving for more because you'll feel the same after putting in extra effort.
Happiness, as it's said, is just results minus expectations.
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240 reads
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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 today.'
People want to become wealthier to make them happier. Happiness is a complicated subject because everyone's ...
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168 reads
Getting Wealthy vs. Staying Wealthy
Good investing is not necessarily about making good decisions. It's about consistently not screwing up.
Getting money requires taking risks, being optimistic, and putting yourself out there. But keeping money requires the opposite of taking risk. It requires humility, and fear that...
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195 reads
No One's Crazy
Your personal experiences with money make up maybe 0.00000001% of what's happened in the world, but maybe 80% of how you think the world works.
We all do crazy stuff with money because we're all relatively new to this game and what looks crazy to ...
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253 reads
Wealth is What You Don't See
Spending money to show people how much money you have is the fastest way to have less money.
There is no faster way to feel rich than to spend lots of money on really nice things. But the way to be rich is to spend money you have, and not to spend money you don't have, It's really ...
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175 reads
CURATED FROM
IDEAS CURATED BY
These are just a few of the insights I acquired from reading the book. It will help you understand why people behave the way they do.
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Other curated ideas on this topic:
Nothing is Ever Enough
Rich people do crazy things. Bernie Madoff had everything only to lose everything because he had no sense of enough. The lesson? There is no need to risk what you have and need for what you don’t have and don’t need.
- The hardest financial skill is getting the ...
Productivity defined
Being busy and always moving through tasks is not the same as being productive.
Productivity is getting the results you aim for with less time and effort. When you are productive, you won't be chasing deadlines or running behind schedule to get done. You'll probably be ahead of schedul...
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