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But the truth is that wealth is what you don’t see.
Wealth is the nice cars not purchased. The diamonds not bought. The watches not worn, the clothes forgone and the first-class upgrade declined. Wealth is financial assets that haven’t yet been converted into the stuff you see.
The Psychology of Money
Morgan Housel
Sunk costs—anchoring decisions to past efforts that can’t be refunded—are a devil in a world where people change over time. They make our future selves prisoners to our past, different, selves. It’s the equivalent of a stranger making major life decisions for you.
The Psychology of Money
Morgan Housel
It keeps each role clearly before you. You can review your roles frequently to make sure that you don’t get totally absorbed by one role to the exclusion of others that are equally or even more important in your life.
The 7 Habits of Highly Effective People
Stephen R. Covey
...catch up on these, and many more highlights
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