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Money is a means, not an end from "summary" of Insights on Morgan Housel’s The Psychology of Money by Swift Reads

Money is a tool that can help us achieve our goals and live the life we desire. It is a means to an end, rather than the end goal itself. Many people mistakenly believe that accumulating wealth is the ultimate objective, but in reality, money is only valuable because of what it can help us accomplish. When we understand that money is a means to an end, we can make better decisions about how we earn, spend, and invest it. We can prioritize our goals and focus on what truly matters to us, rather than getting caught up in the pursuit of more money for the sake of it. By recognizing that money is a tool, we can use it to create the life we want, whether that means providing for our families, pursuing our passions, or supporting causes we care about. We can also avoid the trap of constantly chasing more money, as we understand that true happiness and fulfillment come from how we use our resources, not how much we have.
  1. When we view money as a means to an end, we can make more intentional choices about our finances and align our spending with our values and goals. This perspective allows us to live a more purposeful and meaningful life, where money serves as a tool to help us achieve our dreams rather than an end in itself.
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Insights on Morgan Housel’s The Psychology of Money

Swift Reads

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