How to Get Rich and STAY Rich: The Art of Spending Money

Morgan Housel’s new book, The Art of Spending Money, isn’t just about stacking cash—it’s about spending in ways that actually boost your happiness. He breaks down the difference between status and satisfaction, why the hedonic treadmill is a trap, and how “quiet compounding” (small wins over time) is your secret weapon. You’ll get a loose 15-step roadmap to financial freedom, plus tips on when to save vs. splurge and how to run micro-experiments to see what really lights you up.

Housel also tackles identity traps (“keeping up with the Joneses is exhausting”), the power of internal vs. external benchmarks, and how to help your kids without turning them into mini-millionaires. Bottom line: use money to buy freedom, not just fancy toys, and make every dollar pull its weight in your life.

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