In The Art of Spending Money, Morgan Housel flips the usual “get rich” script by arguing that real wealth isn’t about flashing status symbols but about buying freedom, satisfaction, and independence. He explains why the hedonic treadmill keeps us chasing upgrades that never stick, how setting internal benchmarks beats keeping up with the Joneses, and why the smartest use of cash is often the simplest one.
Along the way he offers a down-to-earth 15-stage roadmap to financial freedom—think “quiet compounding,” knowing when to spend versus save, helping your kids without spoiling them, and running small experiments that boost every dollar’s happiness quotient. No cookie-cutter formula here—just bite-sized, practical tweaks to turn your money into a tool for a richer life.
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