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Somewhere to start

Money

One of the five branches: the life being lived now.

What money makes possible, what it restricts and what you are asking it to provide.

Money is rarely only arithmetic. It carries safety, standing, freedom, obligation and whatever your family taught you about it before you were old enough to argue.

Two people with identical accounts can experience them completely differently, and the difference is almost never financial. It is what each of them is asking money to do.

Looking at money here means looking at the meaning as well as the sums. What it makes possible, what it quietly rules out and whether the story you inherited about it is still the one you would choose.

What this can help you notice

  • What money is currently buying you that you would not want to lose.
  • What it is being asked to provide that money cannot actually supply.
  • Which restrictions are real and which are assumed.
  • Where your idea of enough came from.
  • Whether the arrangement is working and simply needed looking at.

The book treats money as a branch like the others: consequential but not the trunk, and much easier to think about once it stops standing in for everything else.

Where people usually start

If you want to go further

Four things made by other people, chosen because they are useful rather than because they agree with us. None of them is homework, and none of them is a view TAIU is asking you to hold.

  • READ · Morgan Housel

    The Psychology of Money

    Why this may be useful: Morgan Housel writes about money as behaviour rather than arithmetic, which is usually where the discomfort sits.

    harriman-house.com (Opens in a new tab)
  • LISTEN · Shane Parrish with Morgan Housel

    Morgan Housel on getting rich versus staying rich

    Why this may be useful: A long conversation on the difference between getting rich and staying comfortable, with almost no product in it.

    fs.blog (Opens in a new tab)
  • READ · Matthew Killingsworth, Daniel Kahneman and Barbara Mellers

    Income and emotional well-being: a conflict resolved

    Why this may be useful: Two researchers who disagreed publicly, then worked out together what income does and does not do for daily life.

    pnas.org (Opens in a new tab)
  • READ · Anandi Mani, Sendhil Mullainathan, Eldar Shafir and Jiaying Zhao

    Poverty Impedes Cognitive Function

    Why this may be useful: Evidence that money worry takes up thinking capacity, which is worth knowing before judging your own decisions.

    science.org (Opens in a new tab)
See more resources

Reading it, and keeping it

Everything listed on this page can be read and worked through without an account. Nothing you write in a public session is sent anywhere or stored by us.

Signing in adds one thing: your own words stay, in My Tree, so that when you come back in six months you can see what you thought at the time rather than reconstructing it.

Take this in any order, or take one and stop there. Deciding that nothing needs changing is a real answer, and it is worth knowing why.