Mastering Wealth and Happiness Through Mindful Spending and Long-Term Thinking

TL;DR Summary
Morgan Housel emphasizes that wealth is a balance of what you have minus what you want, advocating for long-term, steady wealth accumulation over quick riches, and highlights the importance of aligning spending with personal values rather than social pressures to achieve true contentment and financial independence.
Topics:business#contentment#long-term-investing#personal-finance#social-media-influence#spending-habits#wealth-building
- Wealth requires long-term effort, says 'The Art of Spending Money' author: Getting rich quickly won't cut it CNBC
- ‘Psychology of Money’ author Morgan Housel follows the same morbid success measure as Warren Buffett—a “reverse obituary” Fortune
- Psychology expert: If you live by these 5 rules, you won't need a lot of money to be happy CNBC
- How to get better at spending money Financial Times
- Are You Buying What You Want, or What You Think You Should Want? pretorianews.co.za
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
8 min
vs 9 min read
Condensed
97%
1,710 → 46 words
Want the full story? Read the original article
Read on CNBC