The Psychology of Spending

Published: Aug. 9, 2023, noon

\u201cA subtle problem with money is that assets are easy to measure but liabilities can be hidden.\u201d-Morgan Housel\n\nToday we\u2019re talking about the psychology of spending, and why setting arbitrary limits that are well below what you can currently \u201cafford\u201d can make it easier to build wealth.