Mental Accounting Quotes

“Money doesn't care where it came from or what it is spent on, and neither should you.”
― Coreen T. Sol, CFA

“With gambling or investing, if your gains are quick and easy, you will tend to keep the money in a separate mental account. So, if you subsequently lose it, you won't feel as upset as you'd think if you lost the money you brought to the casino. Yet, they are both pots of currency.”
― Coreen T. Sol, CFA