Money, Common Sense, and an All-Too-Common Assumption

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Seymour Fogel's 'Wealth of Nations' mural, created for Voice of America. (1938) see https://en.wikipedia.org/wiki/Seymour_Fogel, https://en.wikipedia.org/wiki/Wilbur_J._Cohen_Federal_Building

"I've been poor and I've been rich. Rich is better!"
(Attr. Beatrice Bakrow Kaufman; from Leonard Lyons' column, The Washington Post (May 12, 1937) ... via Wikiquote)

Whoever said that first, I think the one-liner makes sense.

This week I'm talking about a new book, "The Art of Spending Money".

Instead of rehashing the usual budget advice, Morgan Housel shows how you can make yourself miserable by thinking about money the wrong ways. That actually makes sense, since knowing what's daft helps you avoid 'what everybody knows' about money and life.

Bottom line, I think there's considerable good sense in Mr. Housel's book.

But something he said about treating money and religion — gave me an opportunity to look at curiosity from a Catholic viewpoint.

....

More at A Catholic Citizen in America.

(I discuss what Morgan Housel says about not letting money make you miserable in "The Art of Spending Money", and why curiosity can be either good or bad.)

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