Everyone wants to be rich, but few people study the psychology of money. We generate wealth not just by picking the right stocks, but by mastering our own emotions.

Wealth vs. Riches

  • Riches is driving a flashy car. It's visible money.
  • Wealth is the money you don't see. It's the savings, investments, and freedom that hasn't been spent yet.

"Spending money to show people how much money you have is the fastest way to have less money." Morgan Housel

The Compounding of Habits

Just as interest campaigns over time, so do your financial habits. Saving 10% of your income seems insignificant in a month, but over a decade, it is transformative.

Actionable Steps

  1. Automate Everything: Don't rely on willpower to save.
  2. Define Enough: If you don't know what "enough" looks like, you will never be satisfied.
  3. Invest in Yourself: The highest ROI asset you will ever own is your own mind and skills.