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What's the difference between being wealthy and rich? Being wealthy is hidden and dynamic, being rich is out in the open and static. If you bought a car for $100,000, you're richer by $100,000, but you're less wealthy by $100,000. That's the lesson in this chapter of Morgan Housel's book. We only see richness, we never see wealth. But if you look deep enough you see the sacrifices that led to riches, those sacrifices are true wealthy.
If there's any way I can improve, let me know.
Buy the book here: https://amzn.to/3ERgi6j (Affiliate link)
Check out my Twitter: https://twitter.com/Aakash_Tries
---
Aakash
#books
#investing #personalfinance
What's the difference between being wealthy and rich? Being wealthy is hidden and dynamic, being rich is out in the open and static. If you bought a car for $100,000, you're richer by $100,000, but you're less wealthy by $100,000. That's the lesson in this chapter of Morgan Housel's book. We only see richness, we never see wealth. But if you look deep enough you see the sacrifices that led to riches, those sacrifices are true wealthy.
If there's any way I can improve, let me know.
Buy the book here: https://amzn.to/3ERgi6j (Affiliate link)
Check out my Twitter: https://twitter.com/Aakash_Tries
---
Aakash
#books
#investing #personalfinance