The psychology of money can be applied in daily life by understanding that our financial decisions are often driven by our emotions and habits. This means being aware of our emotional triggers and biases that can lead to poor financial decisions. It also involves developing good financial habits, such as saving and investing wisely, and being patient and disciplined in our financial goals. It's also important to understand that personal gain is not only financial, but also personal and emotional.
How should investors manage the inevitabilities of risk? What are the most powerful wealth-building...
View summary