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The Psychology of Money with Morgan Housel Podcast
A Few Laws of Getting Rich

A Few Laws of Getting Rich

The Psychology of Money with Morgan Housel vor 3 Jahren

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18:28

Measuring wealth is easy. You just count it up. Measuring some of
the downsides of wealth is so much harder and more nuanced. They
can be so nuanced and hard to measure that many people won’t even
believe they exist. A downside to wealth? How could that possibly
be?

Let me propose that the absurdity of talking about the downside
of wealth is part of why wealth doesn’t tend to make people as
happy as they thought it would.

When the benefits of money are so obvious but the downsides are
so subtle, the downsides you didn’t anticipate can be more
jarring than the benefits you expected.

I want more money, of course. Almost everyone does, albeit for
different reasons.

This is not an anti-wealth list -- just a collection of subtle
downsides that are easy to ignore, and so common you may as well
call them the only true laws of getting rich.