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My First Million cover image

Sam’s +$10 Million Portfolio, Shaan's Money Philosophy and The Spending vs. Saving Paradox

My First Million

NOTE

The Difference Between Smart and Wise

There is a big difference between being smart and being wise. Many smart people lack wisdom in decision-making. Intelligence is not enough if the decisions made don't make sense when viewed from a broader perspective. Age may bring more wisdom, as well as an understanding that earning power can surpass brain power or wisdom. Priorities can get skewed when focusing too much on work or other activities, instead of the things that really matter like marriage and having kids. It's important to examine our own lives and recognize where we make similar mistakes. Wisdom is crucial in avoiding foolish decisions.

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