The Psychology of Money quotes

“People aren't "bad with money" as often as they are shaped by a different past.”

“They're a blend: effort, timing, randomness, and forces nobody controls.”

“Without a personal definition of enough, the default becomes comparison—and comparison is bottomless.”

“Compounding is easy to admire and hard to live through, because the early stages feel like nothing is happening.”

“Making money and keeping money are different skills, with different emotional requirements.”

“A small number of events account for a huge share of the total outcome.”

“The ability to choose how you spend your day, who you answer to, when you stop, and what you refuse.”

“Status spending is often aimed at an audience that isn't watching the way you think.”

“The gap between what you earn and what you spend is where power lives.”

“Saving isn't only a function of income; it's a function of expectations.”

“A "rational" plan that makes you panic at the wrong moment is inferior to a "reasonable" plan you can stick with.”

“People build plans from the last decade, then act shocked when the next decade doesn't behave the same.”