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The Psychology of Money, Book Summary, Review

You might think that you need to read hundreds of books to become a successful investor, but in reality acing your investing game has little to do with your skills and a lot to do with how you manage your emotions. The knowledge of pricing stocks and tax efficiencies is useless unless you know how not to lose your head. When it comes to money, you need to be able to control yourself and behave rationally.

That brings us to today’s summary of the incredibly popular and insightful book ‘The Psychology of Money’ by Morgan Housel. Housel has been writing about finance since 2008. Through his own experiences, he learned that fate and mindset are the major factors that will determine a person's economic success. He believes that financial freedom doesn’t come from knowledge of money. It comes from changing your relationship with money. In Part 1 of this summary, we are going to unveil the first 6 key lessons from this book. We’ll share the most crucial thinking patterns you need to adopt if you want to do well with money and gain financial freedom.

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Want to know more about The Psychology of Money? Get the book 📚: amzn.to/407BNKD
★ FREE Audiobook with Audible trial: amzn.to/3Lo60RB
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