Sally Kohn: My parents were students for most of my early childhood, so we didn't really have any money at all. She says they learned how to live efficient lifestyles and find happiness outside of things that revolve around spending money. "The only purpose of building wealth is independence and control," she says. 'I want to do it because I like doing it, not because someone made me do it'
Morgan Housel is a partner at Collaborative Fund and author of The Psychology of Money. In this episode, Morgan shares his idea of writing, key lessons he learned from his parents and the ones he wishes to pass on to his kids, the most important thing money can buy, and practicing simplicity in a complex world.