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The Art of Spending Money

The Morgan Housel Podcast

The Big Question Is, What's That Person Driving?

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For most households, basically three or four things are all that moves the needle. The big questions like where should we go to college don't take up much of the debate. Social aspirational spending trickles down from one social economic group to the next. An under appreciation of the long term costs of purchases with too much emphasis on initial sales price.

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