If respect and admiration are your goal, be careful of how you seek it. humility and kindness will bring you much more respect than the car that you drive or the home you live in ever will. Not knowing what kind of spending will make you happy because you haven't tried enough new and strange forms of spending. The social signaling aspect of money on both things you buy for yourself and charity given to others. Frugality is about choosing the things you love to spend extravagantly on and then cutting costs mercilessly on the things that you don't love.
The first episode -- who knows where this will go?
There is a science to spending money – how to find a bargain, how to make a budget, things like that.
But there’s also an art to spending. A part that can’t be quantified and varies person to person.
In my book I called money “the greatest show on earth” because of its ability to reveal things about people’s character and values. How people invest their money tends to be hidden from view. But how they spend is far more visible, so what it shows about who you are can be even more insightful.
Everyone’s different, which is part of what makes this topic fascinating. There are no black-and-white rules.
But here are a few things I’ve noticed about the art of spending money.