This is the 1st lesson from the book - The Psychology of Money by Morgan Housel.
Enough’ is realizing that the opposite—an insatiable appetite for more—will push you to the point of regret.
There are many things never worth risking, no matter the potential gain.
Maintaining a lifestyle below what you can afford is avoiding the psychological treadmill of keeping up with the Joneses.
The hardest part of managing money is understanding where the goal post should really end. As you keep getting results, the expectations to strive for more makes no sense, because you’ll feel the same after putting in the extra effort.
You’ll keep feeling ambition, but no satisfaction.
Read the next chapter here: Getting Wealthy v/s Staying Wealthy
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