The biggest value of money isn’t to buy luxury goods but to gain control over your time and life – the ultimate form of freedom.
Morgan Housel’s Psychology of money is a must-read for anyone who wants to make smarter financial decisions and have a better relationship with money. The psychology of money is the study of our behavior with money. According to the author, the key to managing your relationship with money and having a happy and fulfilling life is twofold –
- Get clear on your financial goals
- Design your own game plan that achieves those goals and stick with it. Don’t try to impress others, it’s not worth it.
