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 that simple.
It's hard and requires self-control. But it creates a gap between what you could do and what you choose to do that accrues to you over time.
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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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