MUST READ! The Psychology of Money by Morgan Housel (Summary)

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The Psychology of Money by Morgan Housel: this is a summary of the 14 money rules Housel explains to build and keep wealth. Reading this book will change your outlook and attitude towards money and financial independence.

I chat about being good with money has little to do with intelligence, that savings rate is more important than investment returns, it's ok to be reasonable with your money if it lets you sleep well at night, rich is easy to spot but wealth is hidden and much more!!

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Disclaimer:
The information on this YouTube channel and the links provided are for entertainment and general information only and should not be taken as constituting professional advice. I am not a financial advisor. The information on this channel is personal to my situation and does not take into account your personal circumstances. You should do your own research and if necessary consider seeking independent financial advice that is related to your unique circumstances.

#networth #financialindependence #familyfinance
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Gotta say love the last ad at the end of the clip too about alpha and delta state of mind. 😆

annam
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I loved this book, bought it last year and am just about to go back to it for a reminder/refresher

brideygoulding
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As always your review gives a great summary and thought provoking. Love your channel! I will add to 2022 read list 😃 the moderate approach sounds like the option of not overthinking things too and just doing. Not for perfection but for consistency. So that you are pouring adequate amounts into each cup. Is that what you take from it too?

annam
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thanks for the tip on financial books to read. i really appreciate it

aussiegardener
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Read this book last year, it is an Amazing book

alejandroibarra