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543b The Psychology of Money (book review)

543b The Psychology of Money (book review)

Season 5 Published 3Β years, 5Β months ago
Description

Glen and friend of the show, Azaria Bell chat about their top takeaways after reading the book, The Psychology of Money by Morgan Housel:


πŸ‘‰πŸΎ the highest form of wealth is having control of your time

πŸ‘‰πŸΏ manage your money in a way that helps you sleep at night

πŸ‘‰πŸ» your experiences and age-bias shapes your perspective

πŸ‘‰ be kinder and less flashy

πŸ‘‰πŸΌ increase your savings by lowering your ego

πŸ‘‰πŸ½ worship room for error

πŸ‘‰πŸΏ aim for reasonable rather than rational decisions

πŸ‘‰πŸ» you don’t need a reason to save

πŸ‘‰πŸΎ don't assume that you and your beliefs won't change in the future

πŸ‘‰ define the game you’re playing and run your own race


Got a book you want reviewed on the show? Let us know in the m3 facebook group.


Mentioned in the episode: 403b economics, financial peer pressure + investing in green tech: Cornell Professor Robert H. Frank (USA)


The Psychology of Money by Morgan Housel

Get it on Amazon: https://amzn.to/3TVuvGF

Get it on Booktopia: https://booktopia.kh4ffx.net/YgP7ZJ


Success and Luck by Robert H. Frank

Get it on Amazon: https://amzn.to/3WeusIa

Get it on Booktopia: https://booktopia.kh4ffx.net/9WKgMQ


πŸ›‘ Please read our disclaimer + warnings before listening to this episode


πŸ’Έ Quick links to $20 off The Glen James Spending Plan, Glen’s book & other resources


my millennial money is produced by SYMO interactive


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