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The Art of Spending Money
by Morgan Housel
2 chapters•Concise summaries and key takeaways
Chapter 1 of 2
33% Complete
Study note: personal value and social approval
Summary
The publisher describes a distinction between spending for personal satisfaction and spending to impress other people.
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Think of a past purchase. Describe what it meant to you, separately from how you expected others to react.
Source: Portfolio’s book description (https://www.penguinrandomhouse.com/books/741239/the-art-of-spending-money-by-morgan-housel/). This is an original study prompt, not a chapter reconstruction.
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The Art of Spending Money
by Morgan Housel
Chapter 1 of 2. 50% of the way through this summary.
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Visible progress makes it easier to keep the habit alive.
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