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The Psychology of Money Taking a Rational Approach to Managing Your Wealth Wealth is a complex concept, and your perceptions, biases and emotions about money can affect the financial decisions you make. Understanding this dynamic and developing strategies for making objective decisions about money can help you manage your wealth more wisely. 1-Page PDF Summary of The Psychology of Money. Most of us assume financial success depends on education and intelligence. But in The Psychology of Money, finance expert Morgan Housel presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Housel posits that when you understand how emotions and ... 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1. The Psychology of Money The psychology of money is a book written by Morgan Housel that teaches us doing well with money has a little to do with how smart we are and a lot to do with how we behave. And behavior is hard to teach, even to really smart people. It tries to explained why we should have better relationship with money for …. Ponds close to me
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