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Edition #8: Pearl Necklace, Going Dutch, Financial Populism, Cryptosheet, Host Ideologies

Edition #8: Pearl Necklace, Going Dutch, Financial Populism, Cryptosheet, Host Ideologies

Oz Chen
6 min readOct 21, 2021

Hey there, you’re the best company money can buy.

You’re reading my newsletter about psychology and money. If you missed a week, you can check out the archives here.

I want to solve your money problems

There’s a parable about a woman who was crushed by debt. I want to say it’s called “The Pearl Necklace” but my Google searches return the wrong fables. I’ll recount what I know…

A woman was invited to a fancy ball. Being of humble means, she didn’t think she could go without some expensive jewelry. A wealthy friend, upon hearing her worries, offered to lend her a beautiful pearl necklace to wear. “Are you sure?” “Oh, it’s nothing. And it looks better on you anyway.” She never got a chance to wear a pearl necklace before, and was enthralled with how it looked on her.

She wore the pearl necklace to the ball and caught everyone’s attention. She glowed. At the end of the night, as she was hailing a ride, she took off the necklace so that it doesn’t draw unnecessary attention. She went to bed feeling like…

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Oz Chen
Oz Chen

Written by Oz Chen

Writing about personal finance OzChen.com and UX Design on UXBeginner.com

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