Posted inWisdom

Quotes about restraint

Wealth is the nice cars not purchased. The diamonds not bought. The watches not worn. The clothes forgone and the first-class upgrade declined - Morgan Housel
The core message is brutally simple: Wealth is what you don't see. It's the unspent money, the deferred gratification, the financial potential you've chosen to preserve instead of convert into status symbols.
Posted inWisdom

Quotes about restraint

Wealth is what you don’t see. It’s the cars not bought, the diamonds not purchased, the watches not worn, the clothes forgone and the first-class upgrade declined - Morgan Housel
The quote flips the script on how we define wealth. It argues that real wealth isn't the visible status symbols you buy, but the invisible financial security you build by *not* buying them.