The Psychology of Money - Deepstash
The Psychology of Money

Akil Akil's Key Ideas from The Psychology of Money
by Morgan Housel

Ideas, facts & insights covering these topics:

4 ideas

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61 reads

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You Don't Need Tremendous Force To Create Tremendous Result

If little growth serves as the fuel for future growth a small starting base can lead to extraordinary result that seem to defy logic.

7

30 reads

Getting money is one thing , keeping it is another

Getting money is one thing , keeping it is another

Getting money request taking risk, being optimistic, and putting yourself out there.

Keeping money request the opposite of taking risk. It requires humility and fear

6

18 reads

Difference Between Rich And Wealthy

Difference Between Rich And Wealthy

Rich is a current income, someone driving a Porsche may be considered rich, irrespective of their wealth until he had a certain level of monthly income to afford

Wealth is hidden, it's income not spent, it is an option taken not yet to buy something later.

3

6 reads

Building Wealth

Building Wealth

You can build wealth without a high income but have no chance of building wealth without high saving rate.

3

7 reads

IDEAS CURATED BY

akileswar

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CURATOR'S NOTE

My first stash

Curious about different takes? Check out our The Psychology of Money Summary book page to explore multiple unique summaries written by Deepstash users.

Akil Akil's ideas are part of this journey:

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