assorted silver and gold colored coins on gray surface

Price of things

Mon­ey is often a neg­a­tive art. What you don’t do can be more impor­tant than what you active­ly do.

Every­thing has a priceand prices aren’t always clear. The price of exer­cise isn’t just the work­out; it’s avoid­ing the post-work­out urge to eat a ton of food. Same in finance. The price of build­ing wealth isn’t just the trou­ble of earn­ing mon­ey or deal­ing; it’s avoid­ing the post-income urge to spend what you’ve accu­mu­lat­ed.

Mor­gan Housel in After the Fact


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