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The Art of Spending Money: How to Get Rich and STAY Rich | Morgan Housel
October 6, 2025
- Spending should be viewed as an art, not a science, since individual preferences and past experiences greatly influence what brings personal satisfaction.
- The core purpose of money is to buy financial independence, not to signal status, enabling individuals to live authentically, make independent choices, and control their time.
- The pursuit of contentment, rather than fleeting happiness, is essential for escaping the hedonic treadmill; this involves prioritizing experiences and accomplishments independent of external validation.




