Tag: money mindset

  • Perception and Wealth: The Psychology of Money Summary Part 2

    Perception and Wealth: The Psychology of Money Summary Part 2

    The Psychology of Money delves into financial behavior, investment psychology, and wealth accumulation. It emphasizes being reasonable, embracing uncertainty, and managing costs wisely. It warns against blindly following others’ strategies and advocates for humility, patience, and independence in financial decisions. The book’s key priorities are high savings rates, resilience, and optimism.

  • Perception and Wealth: The Psychology of Money Summary Part 1

    Perception and Wealth: The Psychology of Money Summary Part 1

    It emphasizes the influence of our perception on financial decisions, highlighting the correlation between luck and risk, the concept of “enough,” the impact of compounding, and strategies for sustainable wealth. The book emphasizes the significance of controlling time over money and the paradox of showcasing wealth. It also delves into the difference between being rich…