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#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
Modern Wisdom
Spending Money
i think the most important thing is to figure out what you like, and don't always listen to studies. A pair of nice dress shoes cost 300 pounds for a decade, but that's spord free for a long time. The best way to spend your money is by spending it on experiences rather than material goods. You want to buy yourself an experience more than anything else. If you're not one of those people who enjoys doing stuff, stop listening to others' theories about why they do or don't enjoy certain things. Don't just come up with theories - everyone else does. It's better to be open-minded in order to make good decisions.
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