Learning to Spend Money

1. Read through the first three chapters first to understand the core classification of the “three wallets,” then use it as a thinking tool to analyze your recent expenses
2. While reading, you can at any time use concepts from the book (such as “discount rate”) to reflect on one of your long-term plans (such as education or buying a home) and assess its true value
3. The section on probabilistic thinking requires some careful pondering; it is advisable to slow down and try using it to analyze a simple choice (such as changing jobs or buying insurance)

Beijing United Publishing Co., Ltd. is a publisher known for its literature and history titles, with 2,065 books in the collection. Its publishing covers foreign literature, contemporary Chinese prose and essays, history, folk literature, and cultural books. Its list ranges from Sima Qian's complete edition of the Records of the Grand Historian to foreign classics such as The Book of Disquiet, All Quiet on the Western Front, Snow Country, The Stranger, and Jean-Christophe, as well as modern Chinese works including Teahouse and Dawn Blossoms Plucked at Dusk. Its authors and translators include Yasunari Kawabata, Fernando Pessoa, Erich Maria Remarque, Jin Xinyi, Zhou Miao, and Chen Chao. Public information is limited, but its catalogue reflects a balance between Chinese and foreign literary classics and historical and cultural works.