2min chapter

The Next Big Idea cover image

PSYCHOLOGY OF MONEY: Timeless Lessons from Morgan Housel

The Next Big Idea

CHAPTER

Exploring the Connection Between Status, Money, and Admiration

This chapter explores the connection between status and wealth in American culture, as well as how status is measured in various communities. It discusses the difference between status and admiration, and the dilemma of choosing between making money and being admired.

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