Money Psychology
It would be wrong to say that money doesn’t matter.
It matters, a lot.
And no it doesn’t matter because it gives us more and more things, it matters because it gives us more and more options.
And that is true freedom.
When you wake up in the morning, if you have the freedom to choose what you want to do, how long you want to do it for, who you want to do it with, and where you want to do it, then you are truly free.
That is what money can buy for you.
But we often don’t look at it that way, its a tricky concept for our primitive mind to fathom.
We get emotional about it, paranoid about it, ecstatic about it and many a times, just plain tired overwhelmed with it.
Morgan Housel writes extensively on the Psychology Of Money.
Last year he was interviewed by Indian personal finance podcaster Anupam Gupta about the same topic.
Its an interesting discussion about investor behavior. Common pitfalls that we face in our investing journey and how can we overcome them.
Housel’s thoughts are crystal clear and his insights as tremendously valuable and practical.
Check it out —
The Psychology of Money with Morgan Housel | Paisa Vaisa Podcast Ep. 170
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