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543b The Psychology of Money (book review)

543b The Psychology of Money (book review)

money money money ยท Glen James

November 2, 202251m 26sbonus

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Show Notes

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


๐Ÿ‘‰๐Ÿพ the highest form of wealth is having control of your time

๐Ÿ‘‰๐Ÿฟ manage your money in a way that helps you sleep at night

๐Ÿ‘‰๐Ÿป your experiences and age-bias shapes your perspective

๐Ÿ‘‰ be kinder and less flashy

๐Ÿ‘‰๐Ÿผ increase your savings by lowering your ego

๐Ÿ‘‰๐Ÿฝ worship room for error

๐Ÿ‘‰๐Ÿฟ aim for reasonable rather than rational decisions

๐Ÿ‘‰๐Ÿป you donโ€™t need a reason to save

๐Ÿ‘‰๐Ÿพ don't assume that you and your beliefs won't change in the future

๐Ÿ‘‰ define the game youโ€™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


๐Ÿ›‘ Please read our disclaimer + warnings before listening to this episode


๐Ÿ’ธ Quick links to $20 off The Glen James Spending Plan, Glenโ€™s book & other resources


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