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Wants vs. Needs: Managing Your Personal Surplus

Book Description

This Element is an excerpt from The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams (9780137054251) by Trent Hamm. Available in print and digital formats.

Spend on the great things that really matter, not on the trivial things that don’t!

It would be easy for me to say I regret the hundreds of thousands of dollars I blew through during my twenties. I don’t: my memories are filled with peak experiences I wouldn’t trade away at any price. What I do regret is how much money I wasted on ordinary things that added little to my life.