At Glenwood, we often say that “Wealth management – it’s not just money. It includes values, traditions, knowledge, memories, and so much more.”
Morgan Housel’s new book, The Art of Spending Money, captures that same spirit. While most conversations about money focus on how to earn more
or invest smarter, Housel reminds us that real wealth also depends on how we spend—and whether those choices align with what matters most.
Here are a few insights from the book that stood out to us:
1. Spend on freedom, not status.
The best return on your money isn’t luxury—it’s independence and control over your time.
2. Memories compound in value.
Great experiences appreciate over time, long after the receipts fade.
3. Seek variety over repetition.
New experiences make time feel slower, richer, and more meaningful.
4. Invest in what you live with, not what you show off.
The joy found in comfort, connection, and daily life lasts far longer than outside approval.
5. Aim to minimize future regret.
There’s no single formula for spending well—only choices that align with your values and future self.
We found this book to be a meaningful reminder that managing wealth is about shaping a life well-lived.
If you’ve ever wondered how to use your financial success to create more fulfillment, The Art of Spending Money is worth your time.