Finance & Money Mindsets
We protect money because it's visible and throw away time because it's not.
If you burn money, people call you crazy. If you burn time, they call you busy. We treat money as valuable because it's quantifiable and time as disposable because it's not.
If you burn money, people call you crazy. If you burn time, they call you busy. We treat money as valuable because it's quantifiable and time as disposable because it's not.
Wealth is what you don’t see. It’s the cars not purchased, the clothes not bought, the jewelry not worn. Wealth is hidden.
Morgan Housel
If your aspirations are outgrowing your net worth, that’s when people get into trouble. If your net worth grows 10%, but your expectations grow 12%, that’s when you get into trouble.
Morgan Housel on TKP with Shane Parrish
Savings = income - ego
If you want to get rich quickly, the biggest factor is luck.
If you want to get rich eventually, the biggest factor is consistency.
If you want to get rich eventually, the biggest factor is consistency.