The Morgan Housel Podcast cover image

The Art of Spending Money

The Morgan Housel Podcast

Is Your Home Bigger Than Your Neighborhood?

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There's no objective measure of wealth or success. It's just relative to the people around you. Are you doing better or worse than them? All success is simply relative to somebody else. Usually those around you. So money to some people is less of an asset, and I think it's more of a social liability. And it's a dangerous trap if you don't recognize the game and how that game is played.

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