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“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. And you’re more likely to gain those things through kindness and humility than horsepower and chrome.”
― The Psychology of Money
― The Psychology of Money
“There is a paradox here: people tend to want wealth to signal to others that they should be liked and admired. But in reality those other people often bypass admiring you, not because they don’t think wealth is admirable, but because they use your wealth as a benchmark for their own desire to be liked and admired.”
― The Psychology of Money
― The Psychology of Money
“doing well with money has a little to do with how smart you are and a lot to do with how you behave”
― The Psychology of Money
― The Psychology of Money
“The highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want 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
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