The Algebra of Wealth: A Simple Formula for Success
Once you earn enough to comfortably pay the bills, non-financial factors such as good health, relationships, and a sense of purpose become far more important than money. It’s no coincidence that these areas of life also tend to be most resistant to hedonic adaptation.
Richard Meadows • Optionality: How to Survive and Thrive in a Volatile World
The first idea—simple, but easy to overlook—is that building wealth has little to do with your income or investment returns, and lots to do with your savings rate.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
When you accept how true that statement is, you realize that aligning money towards a life that lets you do what you want, when you want, with who you want, where you want, for as long as you want, has incredible return. Derek Sivers, a successful entrepreneur, once wrote about a friend who asked him to tell the story about how he got rich: I had a
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