The Psychology of Money - Deepstash

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Key Lesson from "Psychology of money" written by Morgan Housel

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 The Psychology of Money

The Psychology of Money

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MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Spending money to show people how much money you have is the fastest way to have less money."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"I love Voltaire's observation that "History never repeats itself; man always does."

-MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Nothing is as good or as bad as it seems."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Money's greatest intrinsic value-and this can't be overstated-is its ability to give you control over your time."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Independence, to me, doesn't mean you'll stop working. It means you only do the work you like with people you like at the times you want for as long as you want."

MORGAN HOUSEL, THE PSYCHOLOGY OF MONEY

"Be nicer and less flashy. No one is impressed with your possessions as much as you are. You might think you want a fancy car or a nice watch. But what you probably want is respect and admiration."

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In these ideas, I've mentioned about some tricks and ways for a teenager to earn money.

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