But there’s only one way to stay wealthy: some combination of frugality and paranoia. - Morgan Housel

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But there’s only one way to stay wealthy: some combination of frugality and paranoia.

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You might think you want an expensive car, a fancy watch, and a huge house. But I’m telling you, you don’t. What you want is respect and admiration from other people, and you think having expensive stuff will bring it. It almost never does — especially from the people you want to respect and admire you.

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