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Curated Curiosity: Freedom > Money (here's the math)
Morgan Housel reveals why independence matters more than wealth - and how to actually get both
Ben Averbook
December 03, 2024 • Estimated Reading Time: 2 minutes
TODAY'S INSIGHT
"Money brings you independence, it can allow you to find your purpose in a bigger way. You're not at your boss's whim - you can do whatever you want."
FEATURED EPISODE
WHAT THEY SAID
Real wealth isn't about accumulating money - it's about maximizing independence and finding purpose that's bigger than yourself
Most people fall into extreme camps with money: either saving 90% of income to retire early, or YOLO spending without planning ahead. Both lead to future regret.
Your relationship with money is shaped by your experiences - no one is "crazy" with their spending when you understand their full story
The wealthiest people often have the most money insecurity because they constantly compare themselves to other wealthy individuals
Social media has fundamentally changed our relationship with money by exposing us to infinite comparison points instead of just our local community
WHY IT MATTERS
In an era of unprecedented wealth, we're no happier than previous generations because we're using money wrong. Understanding the psychology behind our financial decisions can help break the cycle of comparison and redirect focus toward genuine independence.
MY TAKES
Morgan Housel is one of my favorite writers/thinkers. I highly suggest you check out his X/Twitter and his book The Psychology of Money.
You can get a copy here: Amazon Link
PS: His book actually changed my whole perspective on money and happiness. I would also definitely suggest Bill Perkins Die with Zero along with it.
I am incredibly grateful for you reading.
See you tomorrow.
Ben Averbook
(pps: you might like these)
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