543b The Psychology of Money (book review) - podcast episode cover

543b The Psychology of Money (book review)

Nov 02, 2022β€’51 minβ€’Transcript available on Metacast
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Episode description

Glen and friend of the show, Azaria Bell chat about their top takeaways after reading the book, The Psychology of Money by Morgan Housel:


πŸ‘‰πŸΎ the highest form of wealth is having control of your time

πŸ‘‰πŸΏ manage your money in a way that helps you sleep at night

πŸ‘‰πŸ» your experiences and age-bias shapes your perspective

πŸ‘‰ be kinder and less flashy

πŸ‘‰πŸΌ increase your savings by lowering your ego

πŸ‘‰πŸ½ worship room for error

πŸ‘‰πŸΏ aim for reasonable rather than rational decisions

πŸ‘‰πŸ» you don’t need a reason to save

πŸ‘‰πŸΎ don't assume that you and your beliefs won't change in the future

πŸ‘‰ define the game you’re playing and run your own race


Got a book you want reviewed on the show? Let us know in the m3 facebook group.


Mentioned in the episode: 403b economics, financial peer pressure + investing in green tech: Cornell Professor Robert H. Frank (USA)


The Psychology of Money by Morgan Housel

Get it on Amazon: https://amzn.to/3TVuvGF

Get it on Booktopia: https://booktopia.kh4ffx.net/YgP7ZJ


Success and Luck by Robert H. Frank

Get it on Amazon: https://amzn.to/3WeusIa

Get it on Booktopia: https://booktopia.kh4ffx.net/9WKgMQ


πŸ›‘ Please read our disclaimer + warnings before listening to this episode


πŸ’Έ Quick links to $20 off The Glen James Spending Plan, Glen’s book & other resources


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