Morgan Housel

What I love is he's like, that's what makes me happy.

And the money that he saved on cars, he can spend on clothes.

It's the opposite of frugality.

It's, I love clothes, so I'm gonna mercilessly cut everything else.

in order to have a higher budget foreclose and encouraging everyone to do that, to figure out what their thing is.

My wife and I figured this out in the last six months, at least at this phase in our life with two young kids, travel's not for us.

We realized that after the last four vacations we took, the best part of the trip was coming home.

And after having that feeling for the fourth time, we were like, can we just admit, maybe we should do less of this right now?

Maybe in five years when our kids are a little bit more stable, it'll be different.

But I think, but for other people, they're like, they're vagabonds.

They can't wait to travel.

Like, good.

Like, figure out what your thing is and what your thing is not and go for it from there.

When I travel for work a lot, I travel very well and spend...

a lot on travel that other people would find wasteful, but I love it.

And so you have to figure out what your thing is and work from there.

And I think most bad financial decisions and most bad financial behavior comes not from making bad decisions.

It's when you're trying to follow somebody else's path.

And be like, well, that worked for them.

Maybe I should do that.