How to spend your money; how not to spend your money

Seek to spend money on things that become more valuable over time. Some examples:

  • A college education
  • A house in an appreciating market
  • Real estate
  • Broad-based index funds (collections of stocks bunched together into one fund)
  • Business start-up costs

Seek to spend little money on things that become less valuable over time. Some examples:

  • Almost everything else

Indeed, spend money on things that bring you joy, but notice that as you were seeking joy, equanimity was sitting right next to you.