Our Unhappiness with Money is Mostly Due to our Expectations

In Getting the Goalpost to Stop Moving, the ever-insightful Morgan Housel compares and contrasts money expectations today with the 1950s, a time often fondly remembered as a golden era of economic prosperity.

Housel: "There aren’t many iron laws of money. But here’s one, and perhaps the most important: If expectations grow faster than income you’ll never be happy with your money. One of the most important financial skills is getting the goalpost to stop moving. It’s also one of the hardest."

Check it out: Getting the Goalpost to Stop Moving