One of the Best Money Books I've Read This Year! | The Psychology of Money by Morgan Housel Summary

แชร์
ฝัง
  • เผยแพร่เมื่อ 8 ก.ค. 2024
  • GET YOUR FREE AUDIOBOOKS:
    🎧 Audible FREE Trial (Includes FREE Audiobook) - amzn.to/2zEFqhT
    📘 My Favorite Books - thefinancialghost.com/books/
    START INVESTING FOR FREE:
    📈 M1 Finance - m1finance.8bxp97.net/NextLeve...
    SUPPORT THESE VIDEOS:
    🎬 Patreon - / nextlevellife
    START YOUR OWN SIDE HUSTLE:
    💻 Bluehost (Start Your Own Website) - www.bluehost.com/track/nextle...
    📧 ConvertKit (Build Your Business) - convertkit.com?lmref=cdSVnQ
    📷 TubeBuddy (Grow Your Own TH-cam Channel) - www.tubebuddy.com/NextLevelLife
    🥈 VidIQ (Alternative to TubeBuddy) - vidiq.com/#_l_1ra
    One of the Best Money Books I've Read This Year! | The Psychology of Money Summary:
    Today I discuss 7 takeaway I got from reading "The Psychology of Money" by Morgan Housel.
    SUBSCRIBE FOR WEEKLY FINANCE VIDEOS: / @nextlevellife
    WANT TO LEARN MORE ABOUT MONEY?
    All of my Personal Finance videos: goo.gl/3qMbXW
    All of my Financial Independence & (Early) Retirement Videos: goo.gl/R5JU8E
    All of my Stock Market & Investing Videos: goo.gl/swSUQN
    All of my Debt-Related Videos: goo.gl/9HkrtF
    All of my Budgeting Videos: goo.gl/D3iiSn
    All of my Side Hustles/How to Make More Money Videos: goo.gl/oQui48
    All of my Book Summaries: goo.gl/xmWeaD
    SUPPORT THIS CHANNEL:
    🎬 Patreon (Exclusive Content From Me) - / nextlevellife
    📈 M1 Finance (Start Investing Today) - m1finance.8bxp97.net/NextLeve...
    🛒 You Need A Budget (Excellent Budgeting Software) - www.youneedabudget.com/
    BOOKS & EDUCATIONAL RESOURCES:
    🎧 Audible FREE Trial (Includes FREE Audiobook) - amzn.to/2zEFqhT
    📘 My Favorite Books - thefinancialghost.com/books/
    START YOUR OWN SIDE HUSTLE:
    💻 Bluehost (Start Your Own Website) - www.bluehost.com/track/nextle...
    🥈 Wix (Alternative to Bluehost) - wixstats.com/?a=30171&c=2611&s1=
    📧 ConvertKit (Build Your Business) - convertkit.com?lmref=cdSVnQ
    📷 TubeBuddy (Grow Your Own TH-cam Channel) - www.tubebuddy.com/NextLevelLife
    🥈 VidIQ (Alternative to TubeBuddy) - vidiq.com/#_l_1ra
    👮‍♂️ NordVPN (Protect Yourself & Your Business Online) - go.nordvpn.net/aff_c?offer_id...
    🙋‍♂️ Fiverr (Hire Freelancers to Help Scale Your Business) - track.fiverr.com/visit/?bta=5...
    👍 Grammarly (Free online Grammar Checker) - grammarly.go2cloud.org/aff_c?...
    OTHER RECOMMENDATIONS:
    👕 Check Out My Merchandise (Shirts) - teespring.com/stores/next-lev...
    #PersonalFinance #Wealth #Money
    Disclaimers: All opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you help support the channel at no extra cost to you.

ความคิดเห็น • 35

  • @geraldpawlicki3321
    @geraldpawlicki3321 ปีที่แล้ว +8

    Financial Education is so important.

  • @JoseRafaelFiguera
    @JoseRafaelFiguera ปีที่แล้ว +6

    Great video, one of your best, maybe your best. A simple and clear reminder that we are human and that with perseverance and precaution everything is possible.

    • @NextLevelLife
      @NextLevelLife  ปีที่แล้ว

      Yes, exactly! Glad you enjoyed it :)

  • @xmochix604
    @xmochix604 ปีที่แล้ว +1

    so glad i discovered this channel. i love these long videos!

    • @NextLevelLife
      @NextLevelLife  10 หลายเดือนก่อน

      Glad you like them!

  • @jordanwilliams24
    @jordanwilliams24 ปีที่แล้ว +1

    GREAT book. I should re-read it soon!

  • @Regularblackgirl
    @Regularblackgirl ปีที่แล้ว +9

    Loved this book so much I’m on my second read this year

    • @NextLevelLife
      @NextLevelLife  ปีที่แล้ว

      It's jam packed with good information, that's for sure! I'm glad to hear you also found it enjoyable :)

  • @copywritersblock
    @copywritersblock ปีที่แล้ว +2

    Incredible insights, thank you! Can you review more financial books and share your key takeaways with us? I found this very useful.

    • @larryace4683
      @larryace4683 หลายเดือนก่อน

      Practice what you know already about finance and make it work for you. More actions on previous knowledge will bring greater results than trying to gain more knowledge.
      No offense intended.

  • @chancerobinson5112
    @chancerobinson5112 ปีที่แล้ว +1

    Very nice review. Thanks!

  • @chrisgriffin2741
    @chrisgriffin2741 ปีที่แล้ว +1

    Another great video 💯

  • @livingworkingoutsidebox
    @livingworkingoutsidebox ปีที่แล้ว +7

    Congratulations on reaching 200k well done. 👏 👍🤙💪

  • @mikesurel5040
    @mikesurel5040 ปีที่แล้ว +4

    If you have a life partner rational gets thrown out the window. My simple observation.

  • @ahsenshah2875
    @ahsenshah2875 ปีที่แล้ว +2

    Thanks buddy

  • @Sylvan_dB
    @Sylvan_dB ปีที่แล้ว +1

    Picking individual companies is not random selection from the Russel 3000. If you are going to make random selections, then yes, buy the whole market.

    • @numba1punta110
      @numba1punta110 ปีที่แล้ว

      Damn. Thats a great way of putting it. Thank you

  • @davidmjohn3194
    @davidmjohn3194 ปีที่แล้ว

    Thank you 😊 💓

  • @michaelswami
    @michaelswami ปีที่แล้ว +3

    Regarding Livermore: know when to take a knee and go home with a win.

    • @NextLevelLife
      @NextLevelLife  ปีที่แล้ว +1

      A good thing to know, for sure!

  • @cato451
    @cato451 ปีที่แล้ว +2

    Sounds like a great book. Amazon here I come. Thank you!

    • @NextLevelLife
      @NextLevelLife  ปีที่แล้ว

      Hope you enjoy it!

    • @janetstauffer9138
      @janetstauffer9138 ปีที่แล้ว

      Shop local when you can

    • @psychologie1054
      @psychologie1054 ปีที่แล้ว

      I'm here so I don't have to buy the book. Works just fine for me.

  • @philg4678
    @philg4678 ปีที่แล้ว +2

    Good report Why don't more people talk about this? thanks for the report you should make an outline.

    • @NextLevelLife
      @NextLevelLife  ปีที่แล้ว

      Talk about this book? Not sure, but it is a bit newer than many of the other most popular books in the genre... so maybe it just hasn't had enough time to get as much traction yet? Difficult to say. Still I'm glad you got something out of the summary :)

  • @billynomates920
    @billynomates920 ปีที่แล้ว

    i retired in my forties. believe me, live very, very frugally for the first five or ten years, to the point that if you see someone you know is on food stamps then try to eat cheaper than they do. if that's not for you then make sure you are stinking rich or retire later.

  • @MetaFootballTV
    @MetaFootballTV ปีที่แล้ว

    Is it better than Rich Dad Poor Dad?

  • @capestreasuresPtown
    @capestreasuresPtown ปีที่แล้ว +3

    DIVERSIFICATION IS WAY OVER RATED...don't perpetuate the myth that everyone needs it - if you know your investments well you do not need many of them.