About the book
From earning, saving and investing, the subjects of his earlier work, Morgan Housel turns to the other side of personal finance: spending. Many people, he argues, buy things that impress others yet leave them cold, or save endlessly out of fear of spending on what would improve their lives, confusing admiration with envy, comfort with excess and usefulness with status. Instead of budgets or tricks, Housel looks at how a person's relationship with money shapes decisions and how to change it. He makes the case that peace of mind is the most valuable return on investment, that expectations count for more than income, and that self-awareness matters more than spreadsheets.
Andrew Huberman, discussing two Housel books, said he liked this one more, while calling both excellent.
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This book has 1 recommendation
Yeah, Morgan Housel, he has a couple of really good books. I actually like the second one more. They're both excellent, but the second one is called "The Art of Spending Money," which sounds like you're the rich guy telling people how to spend their money.
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