Slow Down

About ten years ago, a young and very successful executive named Josh was traveling down a Chicago neighborhood street. He was going a bit too fast in his sleek, black, 12 cylinders Jaguar XKE, which was only two months old. He was watching kids darting out from between parked cars and slowed down when he thought he saw something.

The Psychology of Money – Book Excerpts

“Less ego, more wealth. Saving money is the gap between your ego and your income, and wealth is what you don’t see. So wealth is created by suppressing what you could buy today in order to have more stuff or more options in the future. No matter how much you earn, you will never build wealth unless you can put a lid on how much fun you can have with your money right now, today.” –Morgan Housel