The Morgan Housel Podcast cover image

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.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app