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The Art of Spending Money
by Morgan Housel
Most personal finance books tell you how to save. Housel asks a harder question: how do you spend in a way that actually makes you happy? A follow-up to The Psychology of Money that's equally sharp.
Key takeaways
- ★Spending is a skill — most people are bad at it
- ★Experiences compound; things depreciate
- ★The goal isn't to spend less — it's to spend on what matters
- ★Guilt-free spending requires intentionality, not deprivation
- ★Your relationship with money shapes every purchase you make
