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“It’s a subtle recognition that people generally aspire to be respected and admired by others, and using money to buy fancy things may bring less of it than you imagine. If respect and admiration are your goal, be careful how you seek it. Humility, kindness, and empathy will bring you more respect than horsepower ever will.”
― The Psychology of Money
― The Psychology of Money
“The biggest single point of failure with money is a sole reliance on a paycheck to fund short-term spending needs, with no savings to create a gap between what you think your expenses are and what they might be in the future.”
― The Psychology of Money
― The Psychology of Money
“More than your salary. More than the size of your house. More than the prestige of your job. Control over doing what you want, when you want to, with the people you want to, is the broadest lifestyle variable that makes people happy.”
― The Psychology of Money
― The Psychology of Money
“The most important part of every plan is planning on your plan not going according to plan.”
― The Psychology of Money
― The Psychology of Money
“Someone driving a $100,000 car might be wealthy. But the only data point you have about their wealth is that they have $100,000 less than they did before they bought the car (or $100,000 more in debt). That’s all you know about them. We tend to judge wealth by what we see, because that’s the information we have in front of us. We can’t see people’s bank accounts or brokerage statements. So we rely on outward appearances to gauge financial success. Cars. Homes. Instagram photos. Modern capitalism makes helping people fake it until they make it a cherished industry.”
― The Psychology of Money
― The Psychology of Money
Sam’s 2024 Year in Books
Take a look at Sam’s Year in Books, including some fun facts about their reading.
153 books
|
43 friends
2 books
|
21 friends
6 books
|
5 friends
12 books
|
40 friends
0 books
|
14 friends
441 books
|
14 friends
1,335 books
|
441 friends
126 books
|
14 friends
More friends…
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