Morgan Housel, The Psychology of Money
- “ Spending money to show people how much money you have is the fastest way to have less money. ”
- “ Planning is important, but the most important part of every plan is to plan on the (plan not going according to plan). ”
- “ Controlling your time is the highest dividend money pays. ”
- “ Doing something you love on a schedule you can’t control can feel the same as doing something you hate. ”
- “ Progress happens too slowly to notice, but setbacks happen too quickly to ignore. ”
- “ Saving is the gap between your ego and your income. ”
- “ Doing well with money has a little to do with how smart you are and a lot to do with how you behave. ”
- “ We all think we know how the world works, But we’ve all only experienced a tiny sliver of it. ”
- “ Getting money and keeping money are two different skills. ”
- “ Only saving for a specific goal makes sense in a predictable world. ”
- “ Risk is what’s left over when you think you’ve thought of everything. ”
- “ Money is everywhere, it affects all of us, and confuses most of us. ”
- “ Everything has a price, but not all prices appear on labels. ”
- “ Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.”
- “ One of the most powerful ways to increase your savings isn’t to raise your income. It’s to raise your humility.”