What should I do with my money to make the most of it? In this video I break down 10 key lessons from the book “The Psychology of Money” by Morgan Housel. If you struggle with money, this video is for you. This book will help you understand HOW you think about money and WHY you think that way.
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Video Chapters:
00:00 The Psychology of Money by Morgan Housel
00:21 Luck and Risk
00:54 How Much Money Is Enough?
01:24 The Definition of Wealth
02:04 Saving Money vs Earning Income: Which Is More Important?
02:32 Buy Back Your Time: The True Value Of Money
03:13 Compounding Your Money: Stick To Your Investment Plan
03:42 How To Make Money Decisions: Logic vs Reason
04:29 Keep A Financial Safety Net
04:56 Your Relationship With Money Is Unique
05:37 Your Financial Plan Should Be Flexible
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