We all know how the size of sums of money appears to vary in a remarkable way according as they are being paid in or paid out.
About this quote
- What does it mean?
- People perceive money differently depending on whether they are receiving it or spending it.
- In plain terms
- We feel money more acutely when paying it out than when receiving it.
- What can you take from it?
- Be mindful of how financial transactions feel subjectively.
Where it applies
Putting it to work
Questions to consider
- How do you feel when spending versus earning?
- What influences your spending priorities?
Another view
Individual experiences with money may vary significantly.
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