#Conspicuous Consumption

Why Savings Outshine Status Spending Every Time

Sophia Amoruso’s line distills a familiar tension: the urge to look successful versus the need to become secure. By comparing money “in the bank” to money “on your feet,” she’s not condemning style so much as questioning...

Why Flashing Wealth Usually Shrinks It

Morgan Housel’s line hinges on a simple contradiction: the more you spend trying to look wealthy, the less wealth you keep. Status purchases feel like proof of success, but they often function as withdrawals from the ver...