
The Art of Spending Money
The Morgan Housel Podcast
00:00
Money: The Greatest Show on Earth
One's career choice, desired attention from others, and other behavioral aspects tie into how money is spent. Spending money is both a science, involving finding bargains and budgeting, and an art, revealing personal values and character. Money is considered the greatest show on earth as it showcases individuals' true selves more prominently than investments. Family background and past experiences greatly shape spending habits, where being snubbed while poor may lead to a desire to flaunt wealth when rich.
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