The Psychology of Money
"The Psychology of Money" by Morgan Housel delves into the intricate interplay of money and human behavior, providing a unique perspective on personal finance through engaging anecdotes and psychological insights.
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- Our past experiences shape our financial decisions. Even when reality changes, our choices remain anchored in our experience
- Luck plays a bigger role in success than hard work or merit. But we struggle to admit it
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💬 Quotes
"Money is not just a number in a bank account. It’s the freedom to live your life on your own terms."
"The most important thing to do with money is not to lose it."
"The best way to get rich is to save money and invest it wisely."
"The stock market is a powerful tool for wealth creation, but it’s also a dangerous one."
"The key to investing is to stay calm and not let your emotions get in the way."