11. “Few things matter more with money than your time horizon.”
– The longer you can wait, the bigger your advantage.
MORGAN HOUSEL
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Money is more about behavior than numbers. The Psychology of Money by Morgan Housel reveals timeless truths about how we think and act with money. Here are 12 quick lessons to shift your mindset.
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Avoid taking financial cues from people playing a different game than you are.
Few things matter more with money than understanding your own time horizon and not being persuaded by the actions & behaviors of people playing different games than you are. Go out of your way to...
"When you quit with intention, you free up more time, money and energy for the things that really matter to your long-term goals."
THOMAS OPPONG
The best investing strategy
- Make as much money as you can
- Keep your expenses low
- Invest the difference
- The more you invest, the faster your money will compound and bring you more money
- Sit back and earn money with no effort. You are no longer trading your time for money.
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