Morgan Housel
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's obviously better than the alternative, but it's not happiness.
It's a very different thing.
And I think it can throw some people off when they aspire to happiness or they think that what they're achieving and the money they're making should make them happy.
Sometimes it does.
Very often it doesn't.
And they wake up and they're like, what happened?
Like, I thought this was going to make me happy, but I'm not.
So I think there's a level of expectation setting where it's like,
I think money can be more like a vaccine where like it can prevent a lot of misery, which is great.
Vaccines are wonderful.
Like we don't have polio.
Like it's a great thing.
But maybe that's a good analogy because you and I don't wake up in the morning being like, oh, I'm so glad I don't have polio.
So grateful for the vaccine.
We don't do that.
We don't think about it.
And I think that's a lot of what money can do.
It is a lifestyle improvement, but don't think it's going to make you waking up ear to ear, grinning ear to ear.
But we want to think of it like it's a performance enhancing drug.
We want to think of it as like we're going to take it and just be like, oh, I'm on fire now.