Money is easy to measure. Social class is harder to pin down because it shows up in daily habits, like how a person spends a ...
Marcus Aurelius ran the Roman Empire for nearly two decades. He also kept a private notebook full of reminders to himself, which became Meditations.
Most people think financial freedom requires a big salary or a lucky stock pick. It doesn't. The whole thing runs on a few ...
A lot of buyers start their home search by asking a lender for a preapproval number. That figure tells you what a bank is ...
"Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought." - Charlie Munger ...
"Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris—I wanted the independence. I ...
Most of us grew up hearing the same financial advice. Get a job, work hard, put a little in savings every month, and hope it adds up to something by retirement.
Two families can earn nearly the same salary and end up miles apart after twenty years. Income gets all the attention, while bad spending habits do most of ...
Charlie Munger spent close to a century watching smart people do dumb things. The longtime vice chairman of Berkshire Hathaway, and Warren Buffett's business ...
Ask most people how to tell the economic social classes apart, and they'll point to a paycheck, a new luxury car, or a bigger ...
Charlie Munger lived to 99 and spent most of those years studying why smart people wreck their own lives. He didn't think the cause was usually a lack of ...
Most working-class families aren't short on effort. Economics says pay follows supply and demand, so workers who earn upper-class incomes usually have skills ...
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