Money Quotes From 'The Psychology of Money'

1.  Spending money to show people how much money you have is the fastest way to have less money. 
2. Savings can be created by spending less, you can spend less if you desire less. And you will desire less if you care less about what others think of you. 
3. One of the most powerful ways to increase your savings isn't to raise your income. It's to raise your humility
4. The highest form of wealth is the ability to wake up every morning and say 'I can do whatever I want today'
5. Financial success is not a hard science. It's a soft skill where how you behave is more important than what you know. 
6. Doing well with money has a little to do with how smart you are and a lot to do with how you behave. 
7. There is no reason to risk what you have and need for what you don't have and don't need. It's one of those things that's as obvious as it is overlooked. 
8. Like everything else worthwhile, successful investing demands a price, but its currency is not dollars and cents. It's volatility, fear, doubt, uncertainty and regret - all of which are easy to overlook until you're dealing with them in real time. 
9. Wealth is hidden, it's income not spent. Wealth is an option not yet taken to buy something later. It's value lies in offering you options, flexibility and growth to one day purchase more stuff than you could right now. 
10. To grasp why people bury themselves in debt, you don't need to study interest rates, you need to study the history of greed, insecurity and optimism.
11. When most people say they want to be a millionaire, what they might actually mean is I'd like to spend a million dollars and that is literally the opposite of being a millionaire. 
12. There are a millions ways to get wealthy, and plenty of books on how to do so. But there's only one way to stay wealthy; some combination of frugality and paranoia. 
13. There is never a moment when you're so right that you can bet every chip in front of you. The world isn't that kind to anyone - not consistently. Anyways, you have to give yourself room for error. You have to plan on your plan not going according to plan. 
14. Only saving for a specific goal makes sense in a predictable world, but ours isn't. Saving is a hedge against life's inevitable ability to surprise the hell out of you at the worst possible moment. 
15. One of my deeply held investing beliefs is that there is little correlation between investment effort and investment results. 
16. A genius who loses control of their emotions can be a financial disaster. The opposite is also true. Ordinary folks with no financial can be wealthy. If they have a handful of behavioral skills that have nothing to do with formal measures of intelligence.
17. I want you to be successful and I want to you to earn it. But realize that not all success is due to hardwork and not all poverty is due to laziness. Keep this in mind when judging people, including yourself. 
18. Compounding only works if you can give an asset years and years to grow. It's like planting oak trees. A year of growth will never show much progress. 10 years can make a meaningful difference and 50 years can create something extraordinary.