What Financial Experts Won't Tell You About Money With Morgan Housel
Erika Taught Me
00:00
The Gap Between Ego and Income
"I think people, if they really dug into it, it would be surprised how much of their current spending is just kind of a keeping up with the Jones's effect," he says. "When you are 19, that your ability to have nice clothes and a nice purse is really important." He adds: "You don't need that much to spend that much money to have a dignified life"
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