
1. "It gets dangerous when the taste of having more-more money, more power, more prestige increases ambition faster than satisfaction."

2. "A genius who loses control of their emotions can be a financial disaster."

3. "Getting money is one thing. Keeping it is another."

4. "Rich is the current income. Wealth is income not spent. Wealth is hard because it requires self-control."

5. "Spending money to show people how much money you have is the fastest way to have less money."

6. "Controlling your time is the highest dividend money pays."

7. "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.
Money relies more on psychology than
finance."

8. "Doing something you love on a schedule you can’t control can feel the same as doing something you hate."

9. "Two topics impact everyone, whether you're interested in them or not: health and money."

10. "Be careful who you praise and admire. Be careful who you look down upon and wish to avoid becoming."

Such a good book- and I believe it just crossed a million books sold. 

Nathan Worden

10 Quotes from Psychology of Money by Morgan Housel

This member is verified by the Commonstock team based on their contributions to the Commonstock community. 

Verified Member

This member connected a brokerage account and is sharing trades and portfolio performance with the community. 