The Art of Spending Money
Simple Choices for a Richer Life
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4.5 • 52 Ratings
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- $15.99
Publisher Description
From the bestselling author of The Psychology of Money and Same as Ever, lessons on harnessing the power of money to live a happier life
Most of us don’t know how to spend money. We chase things that impress others but leave us cold. Or we save endlessly, afraid to spend on what would actually make life better. We confuse admiration with envy, comfort with excess, and utility with status.
The Art of Spending Money doesn't provide budgets, hacks, or one-size-fits-all solutions. It gives you understanding of how your relationship with money shapes your decisions—and how to reshape it so money works for you.
Morgan Housel’s work has helped millions rethink how they earn, save, and invest. Now he turns his attention to the other side of the equation: how to spend. With insight and warmth, he shows why the most valuable return on investment is peace of mind, why expectations matter more than income, and why doing well with money has less to do with spreadsheets and more to do with self-awareness.
This book isn’t about getting rich. It’s about getting the most out of what you already have—and learning to want what’s worth wanting.
PUBLISHERS WEEKLY
Finance writer Housel (The Psychology of Money) offers a deeply insightful guide to managing money focused on spending wisely. Instead of centering the acquisition and growth of wealth, Housel unravels the emotions that drive people to spend, arguing there is no "right" way to do it: some people spend extravagantly to make up for growing up poor or to justify working long hours at a miserable job, while others might buy expensive cars or designer handbags to chase status. Learning what actually makes one happy in life and spending money in support of those goals is key, he explains. Housel encourages experimenting with spending to find "your thing," separating financial goals from identity, and minimizing future regret. One might find, as a result, that travel or hobbies brings them joy and gear their money toward those, while another may prefer giving money away. Still, some of Housel's most profound advice is about saving, not spending: "Money you haven't spent buys something intangible but valuable: freedom, independence, and being able to spend time in your own way." Prudent and actionable, these lessons will help readers build sensible money habits.
Customer Reviews
Financial Wisdom
The wisest book on finance and wealth I’ve ever come across.
Refreshing Perspective
As I progressed through the book, I started to understand why people are willing to spend copious amounts of money on material things that will bring “happiness”.
I am glad I read it.
It is one of the books I read and liked to read the next topic. It made to ask myself so many questions and how to make changes to those Q’s