Ep. 17 - The Psychology of Money: A Deep Dive into the Psychology Behind Financial Decisions

In this episode, we delve into Morgan Housel's widely celebrated book, The Psychology of Money, unraveling the profound impact that emotions and personal beliefs have on our financial choices.

Join us as we explore why wealth isn't just about being rich, the incredible power of compounding, and how saving money brings true freedom. We’ll also cover the difference between making money and keeping it, the roles of risk and luck, and why understanding these dynamics is essential to financial success.

Discover why pessimism might be the wrong outlook for financial decision-making and how being reasonable often outshines being rational when managing money. Whether you're looking to improve your financial habits or seeking valuable insights for smarter financial decisions, this episode is packed with practical takeaways and thought ...