Codreanu Sara

“Spending money to show people how much money you have is the fastest way to have less money.”
― Morgan Housel, The Psychology of Money

“Things that have never happened before happen all the time.”
― Morgan Housel, The Psychology of Money

“Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with.”
― Morgan Housel, 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 (self-edit: only) information we have in front of us.”
― Morgan Housel, The Psychology of Money