korrents

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Money is used either as a tool for a better life or as a yardstick of status, and most people aim at the first while chasing the second.

Drawn from what Morgan Housel said

investingunder our view: Money is a tool for a life, and most people quietly treat it as a scoreboard instead What makes a good life?under our view: More money, status and achievement do not add up to a better life

What Morgan Housel actually said

  1. Morgan Housel Partner at Collaborative Fund and author of The Psychology of Money
    There are two ways to use money. One is as a tool to live a better life. The other is as a yardstick of status to measure yourself against others.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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