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Wealth Is What You Don’t Spend, Morgan Housel

notes, quest-for-wealth1 min read

  • Learning to contently live with less has the same effect as growing your income
  • Money is often a negative art.
    • It has a lot to do with the actions you don’t take and things you avoid.
  • Everything has a price, and prices aren’t always clear. 
    • The price of exercise(fitness) isn’t just the workout; it’s avoiding the post-workout appetite. Same in finance. The price of building wealth isn’t just the trouble of earning money; it’s avoiding the post-earnings urge to spend what you’ve accumulated.

# References

  • Wealth Education