"Wealth is what you don’t see. It’s the cars not purchased. The diamonds not bought. The renovations postponed, the clothes forgone and the first-class upgrade declined."
"Spend extravagantly on the things you love, and cut costs mercilessly on the things you don’t."
"The hardest financial skill is getting the goalpost to stop moving."
"The highest form of wealth is the ability to wake up every morning and say, 'I can do whatever I want today.'"
"Doing well with money has little to do with how smart you are and a lot to do with how you behave."
"Frugality is about choosing the things you love enough to spend extravagantly on – and then cutting costs mercilessly on the things you don’t."
"Compounding only works when you give it time. The more time you give it, the more it works."
"A small amount of humility can prevent a large amount of humiliation."
"People don’t become wealthy by taking more risk, they become wealthy by consistently avoiding big mistakes."
"Investing is not the study of finance. It’s the study of how people behave with money."
"The ability to do what you want, when you want, with who you want, for as long as you want to, is priceless. It is the highest dividend money pays."
"Being a successful investor is not about being right all the time. It’s about surviving long enough to be right when it matters."
"No one is impressed with your possessions as much as you are."
"The best financial advice is to be a little bit underappreciated."
"The single most powerful thing you can do to improve your financial situation is to improve your behavior."
"Investing is not the study of finance, it’s the study of how people behave with money."
"The biggest risk in investing is being out of the market for short periods of time."
"Investing is an unusual field because mistakes are often part of the process. Learning to be comfortable with being wrong is crucial."
"Being wealthy is not a goal in itself, but a tool to achieve what you want."
"Luck plays a huge role in wealth accumulation, but it’s hard to accept that because it’s beyond our control."
"The difference between being wealthy and not is often just a few percentage points in annual returns."
"The most important investment you can make is in yourself."
"The ability to do what you want, when you want, with who you want, for as long as you want to, is priceless. It is the highest dividend money pays."
"Being wealthy is not about getting the highest return on your capital. It’s about getting enough returns with the least amount of risk necessary to achieve your goals."
"The real reward from investing is not the money, but who you become along the way."
Written by Famous Author : Morgan House
The
Psychology of Money: Timeless lessons on wealth, greed, and happiness
