Sally Kohn: How does one remain happy being poor or having less money? She says she wants her children to feel the power of money's scarcity, but also not be miserable. "I think if I can do that for my kids, then hopefully they will learn the power ofMoney's scarcity," writes Kohn. 'That's what I hope to do with my parents is become a safety net, but not a fuel'
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.