WELCOME
Psychology Of Money by Morgan housel
PART 1
Being Rich Is Not Equal To Being Wealthy
Whenever we see a Rich Person all we see is richness ,but being Rich is very different from being wealthy. For example, If You see anyone driving very expensive car, then u will be like, oh! What an Expensive car what a status, you will never say, hey! what a stupid man with such a big loan.
You will always equate being rich as what things that people have and show off and because of that you will fall into the same trap. As you start earning , you will buy an expensive car or bike also you will plan and go for big vacations, start posting Instagram photos of it because you want to tell and show people that you have a lot of money that u can spend Essentially. When people say that I want to earn lakhs or crores , they are not saying that I want to earn lakhs or crores and invest them .What they essentially say is that I want to earn lakhs or crores and then spend in lakhs or crores, which is very different from being wealthy.
Being wealthy means that - 1. you earn money without spending your time ;
2. you're not doing that to show it off .
THANKS FOR READING !
PART 2 COMING SOON!
- KARMA : A YOGIC GURU - LINK