Wealth and riches may seem the same, but they are not. Morgen Housel explains in the psychology of money the difference between the two. To be rich is to have expensive things, while wealth is derived from the ability to buy expensive items. He uses the example of buying an expensive car. When you see someone withContinue reading “Would you rather be rich or wealthy?”
Tag Archives: mindset
How to manage your assets for a long life (part 1)
To manage your assets, you must develop a long-life mindset and habits that match that mindset. In life, there are tangible and intangible assets. Tangible ones are the ones most people think of with an attached financial value. Meanwhile, the intangible ones are the ones that have an impact on your life but have noContinue reading “How to manage your assets for a long life (part 1)“
How to have a more optimistic mindset
Do you believe in abundance or scarcity? The world might seem to be falling apart, but that’s probably because of the media you consume. Read on if you want to have a brighter view of the future.