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Book Summary The Psychology of Money| step by step |(by Morgan Housel)

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Book Summary The Psychology of Money| step by step |(by Morgan Housel)

The Psychology of Money is a book that teaches you lessons on how to work with money so it becomes effortless to attract it. One can attract a lot of wealth if one understands the psychology behind this commodity. Money is not scarce but only available to those who know the rules of the game of Money. Read this book now and learn the psychology of money and attract abundance.

This book offers a unique perspective on personal finance by exploring the interplay between human behavior and money. Unlike many traditional personal finance books that concentrate on topics such as stock selection or portfolio construction, Housel delves into the complex relationship between individuals and their finances.
By examining the historical factors of greed, insecurity, and optimism, Housel offers insight into why people struggle with debt and financial management, rather than simply analyzing interest rates.



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▬▬▬▬▬ Contents of this video ▬▬▬▬▬▬

00:00:00 - InTro
00:03:27 Lesson 1: No One Is Crazy
00:04:56 Lesson 2: Luck & Risk
00:06:23 Lesson 3: Never Enough
00:07:31 Lesson 4: Confounding Compounding
00:08:29 Lesson 5: Getting Wealthy v/s Staying Wealthy
00:09:26 Lesson 6: Tails, You Win
00:10:42 Lesson 7: Wealth Is What You Don’t See
00:12:51 Lesson 8: Save Money
00:12:51 Lesson 9: Reasonable more than Rational & Room for Error
00:14:11 Lesson 10: You’ll Change
00:15:30 Lesson 11: The Seduction of Pessimism
00:17:08 Lesson 12: Confessions



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