Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of … - Morgan Housel

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Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you.

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Compounding doesn’t rely on earning big returns. Merely good returns sustained uninterrupted for the longest period of time — especially in times of chaos and havoc — will always win.
The Psychology of Money · September 7, 2020 Verified in 1 source Sign up to see the complete provenance
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Failure can be a lousy teacher, because it seduces smart people into thinking their decisions were terrible when sometimes they just reflect the unforgiving realities of risk.
The Psychology of Money · September 7, 2020 Verified in 1 source Sign up to see the complete provenance
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