Out Now: The Art of Spending Money (First Full Chapter Here)
The Morgan Housel Podcast
Morgan Housel
4.9 • 1.1K Ratings
🗓️ 7 October 2025
⏱️ 16 minutes
🧾️ Download transcript
Summary
This is a full-chapter preview of my new book, The Art of Spending Money, out today.
Transcript
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| 0:00.0 | Hey everyone. Today is the day. My new book, The Art of Spending Money, is now for sale. Two really quick |
| 0:07.3 | things here. Number one, the link to buy the book is in the show notes of this podcast. And number two, |
| 0:13.3 | more exciting for you today. I'm giving away the first chapter of the book in audio format, |
| 0:20.7 | which is going to be the rest of this podcast. It's the |
| 0:23.5 | introduction to the book. It is narrated by my good friend Chris Hill, who narrates the entire |
| 0:27.7 | audiobook. That's going to be the rest of this podcast. I hope you enjoy it. I hope you enjoy |
| 0:32.2 | reading this book as much as I enjoyed writing it. Chris, take it away. |
| 0:39.0 | Introduction. |
| 0:40.2 | The Quest of the Simple Life. |
| 0:44.1 | Dr. Dan Goodman once performed LASIC eye surgery on a woman looking to ditch her glasses. |
| 0:50.6 | The patient returned for a checkup a few weeks later, despondent. |
| 0:55.1 | She said the surgery ruined her life. |
| 0:58.7 | There was nothing wrong with the procedure. |
| 1:00.9 | She could see clearly without glasses for the first time in years. |
| 1:05.4 | Goodman pressed, then what's the problem? |
| 1:08.9 | The patient said she expected that after losing her glasses, her husband would find her more |
| 1:14.8 | attractive, and her coworkers would find her more intelligent. |
| 1:19.2 | When she realized they didn't, and love and respect weren't driven by something superficial |
| 1:24.3 | like her glasses, she was crushed. |
| 1:30.7 | You have a problem I can't help you with, Goodman told her. |
| 1:33.6 | I'm sorry, I didn't realize it earlier. |
| 1:39.3 | It's astounding to witness someone gain what they thought they always wanted, |
... |
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