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Better Constantly

Better Constantly

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Sharing knowledge from great books to help you become your better version

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  • 7 Ways to Make Money Work for You: Insights from 'The Psychology of Money’

    7 Ways to Make Money Work for You: Insights from 'The Psychology of Money’
    Mar 10 2024

    Tired of feeling like you’re working for money, but not money is working for you? In this podcast, 7 practical ways from ‘The Psychology of Money’ book by Morgan Housel will help you break free from the paycheck-to-paycheck cycle and manage their wealth effectively.

    “Doing well with money has a little to do with how smart you are, and a lot to do with how you behave”. Different from the common belief that financial success is not driven by intelligence and effort. So what are the factors contributing to financial success? How could Warren Buffet, Charlie Munger and Benjamin Graham get rich? The secrets are revealed in this podcast.

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    Timestamp

    00:00 The Secrets of Financial Success

    01:13 Respect Individual Differences in Investing

    02:11 Be Cautious with Role Models

    03:35 Focus on Broader Patterns and Principles

    04:28 Prioritize What Truly Matters

    05:00 Harness the Power of Compounding

    06:20 Understanding Financial Ups and Downs

    07:15 Be Wary of Historical Data

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    Better Constantly - Sharing knowledge from great books to help you become your better version

    👉 Subscribe for more helpful content. Thank you! #investing #money #finance
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