30 Golden Rules of Morgan Housel for Anyone Who Wants to Finally Make Peace with Money!
You earn money, but every month you reach the end of it without knowing where it all went? You know you should be saving and investing, but something always gets in the way — it feels too risky, or the timing isn't right, or you just don't know enough? You want to build a healthy relationship with money once and for all, but have no idea how or where to begin?
The truth is, financial success has nothing to do with knowing the right formulas or understanding the markets. Morgan Housel spent years studying people who make decisions about money — both those who do it well and those who keep repeating the same mistakes. His conclusion was unexpected: money is psychology, not mathematics.
This book from the Golden Rules series contains the quintessence of Morgan Housel's teachings: 30 of the most practical and proven principles — a concentrated distillation of the thinking of the man who explained why some people accumulate wealth while others spend it as fast as they earn it, and why knowing the right answer almost never leads to the right behaviour. Simply start applying these rules — and as early as tomorrow you will find yourself thinking about and relating to money in a completely different way.
After listening to this audiobook, you will discover:
• why financial decisions are driven by emotions rather than knowledge — and how to finally change that;
• how compound interest turns small amounts into real wealth — and why all it takes is time;
• how fear and greed destroy even the most well-thought-out financial plans — and how to stop letting them;
• what exactly separates the behaviour of people who accumulate wealth from those who earn and spend it all;
• how to build a system where money works for you — calmly, without anxiety and without constant monitoring.