🥑 Avoread

In this episode, we break down the core ideas from Morgan Housel’s The Psychology of Money:

1. Money and Behavior: Housel explores how personal experiences and psychological biases deeply influence financial decision-making, often more than knowledge or skill.

2. Luck, Time, and Risk: The book highlights the role of luck, timing, and risk in shaping financial outcomes, reminding us that not everything is within our control.

3. Long-Term Focus: Instead of chasing short-term gains, Housel advocates for aligning financial decisions with long-term goals and personal values to create lasting wealth.

Join us as we explore how understanding the psychology behind money can lead to smarter, more intentional financial decisions!