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Happiness Expert Returns: Retrain Your Brain For Maximum Happiness: Mo Gawdat

The Diary Of A CEO with Steven Bartlett

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Understanding the True Cost of Money

Money is more than its numerical value; it includes the stress of earning it, the time spent away from loved ones, and the opportunity cost of working harder for luxurious items. People often fail to grasp the true cost-to-benefit relationship of money. The pursuit of expensive items like designer bags or cars can lead to working excessively and financial strain. Additionally, saving money may not be as beneficial due to inflation, rendering savings less valuable over time. Money is often seen through a distorted lens, leading to a cycle of spending and working harder, creating an illusion around its true importance.

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