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“Less ego, more wealth. Saving money is the gap between your ego and your income, and wealth is what you don’t see. So wealth is created by suppressing what you could buy today in order to have more stuff or more options in the future. No matter how much you earn, you will never build wealth unless you can put a lid on how much fun you can have with your money right now, today.”
― The Psychology of Money
― The Psychology of Money
“Comfortably living below what you can afford, without much desire for more, removes a tremendous amount of social pressure that many people in the modern first world subject themselves to. Nassim Taleb explained: “True success is exiting some rat race to modulate one’s activities for peace of mind.” I like that.”
― The Psychology of Money
― The Psychology of Money
“Risk is what’s left over when you think you’ve thought of everything.”
― The Psychology of Money
― The Psychology of Money
“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
― 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.”
― The Psychology of Money
― The Psychology of Money
_wave’s 2024 Year in Books
Take a look at _wave’s Year in Books, including some fun facts about their reading.
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