The Big Idea

Your money decisions make sense inside your own history: the country, the decade and the crises you grew up in taught you more about money than any book, and everyone else learned a different lesson.

Before any rule about saving, spending or investing, it helps to look at the person who will follow those rules. Most money advice fails not because it is wrong, but because it collides with a story you never wrote down.

Source: The Psychology of Money · Station 1 of 12