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12 ideas
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1. “Doing well with money has a little to do with how smart you are and a lot to do with how you behave.”
–Your mindset and discipline matter more than raw intelligence.
40
668 reads
2. “Wealth is what you don’t see.”
– Real wealth is often invisible. It’s savings, not flashy spending.
35
616 reads
3. “Spending money to show people how much money you have is the fastest way to have less money.”
– Avoid lifestyle inflation and the trap of appearances.
37
560 reads
4. “Saving is the gap between your ego and your income.”
– Humility helps you build financial security.
40
545 reads
5. “You don’t need a specific reason to save.”
– Save just because the future is uncertain. It gives you options.
36
510 reads
6. “The most important part of every plan is planning on your plan not going according to plan.”
– Build in flexibility and resilience.
40
511 reads
7. “Tail events drive everything.”
– Rare, extreme events (like crashes or breakthroughs) shape most financial outcomes
34
489 reads
8. “Controlling your time is the highest dividend money pays.”
– Freedom is the real goal, not just more money.
42
464 reads
9. “Compounding is not intuitive.”
– Long-term patience turns small gains into huge outcomes.
35
466 reads
10. “You’re not a spreadsheet. You’re a person.”
– Personal finance is emotional. Your choices must work for your real life, not just look good on paper.
36
424 reads
11. “Few things matter more with money than your time horizon.”
– The longer you can wait, the bigger your advantage.
33
379 reads
12. “Enough is not too little.”
– Knowing when you have enough is power. Endless chasing can destroy peace.
39
366 reads
IDEAS CURATED BY
Wealth Building. Business. Investing. Crypto and Technology. Entrepreneurship. Reading, Learning and Writing.
CURATOR'S NOTE
Money is more about behavior than numbers. The Psychology of Money by Morgan Housel reveals timeless truths about how we think and act with money. Here are 12 quick lessons to shift your mindset.
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