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Seeking status, envy, and other emotions controlling you all play a significant role when it comes to your financial decisions. The Psychology of Money by Morgan Housel will teach you what you can do, starting today , to improve your finances.
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If you feel like you’ve made all the wrong financial decisions, or that wealth is just not one of the things you’ll ever be able to achieve, The Psychology of Money is the b...
Our finances play a huge role in our lives. Yet, people rarely discuss them or educate themselves on this topic. For this reason, many presumptions and false ideas about money have emerged over the years. People think having money is a result of luck, or that rich people are all inheritors,...
We all grow up differently. Was your childhood similar to someone born in 1800? 1900? Of course not!
Some people grow up in times of financial crisis. Others know nothing but bull markets until t...
"Money's greatest intrinsic cale - and this can't be overstated - is it's ability to give you control over your time."
Are you a greedy person? Of course not! Or at least, that’s what you tell yourself. We all like to think highly of ourselves and blame our misfortune on bad odds. This is the case of Jesse Livermore, a stock market ...
Most people know that investing takes time. They even want to stick to their investments through good and bad, but then the fear of missing out or envy get in the way — sometimes both at the same time!
The Psychology Of Money
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The most important emotions about money to become aware of are fear, guilt, and shame. Without awareness, these emotions will interfere with your rational thinking.
Money is not a fixed entity. It is a complex of data points, challenges, and opportunities you encounter and have feelings about. Your decisions about money affect your emotions and behavior.
There are three factors you need to know about the psych...
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