Seeking status, envy, and other emotions controlling you... - Deepstash

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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Introverted Extravert

The Psychology Of Money

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Key Takeaways

Key Takeaways

  1. Money is not just a tool for buying things, it also shapes our emotions & attitudes in ways that can be both positive and negative.
  2. The way we think about money is often irrational & influenced by emotions, which can lead to poor financial decisions.
  3. The role of luck in finan...

Emotion and money

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.

  • Common fears include fear of having too little money, fear of looking foolish, fear o...

The psychology behind money

The psychology behind money

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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