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The goal of money management is to increase happiness, not wealth from "summary" of The Psychology of Money by Morgan Housel
The purpose of managing money is not to accumulate as much wealth as possible, but rather to enhance one's overall happiness and well-being. While wealth can provide a certain level of comfort and security, the true measure of success in money management lies in how it positively influences one's quality of life. It is essential to recognize that happiness is not solely derived from financial wealth. Many people mistakenly believe that accumulating more money will automatically lead to greater happiness, but this is not always the case. True happiness comes from feeling secure, having meaningful relationships, pursuing personal passions, and enjoying a sense of purpose in ...
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