The psychology of money can greatly affect our overall financial health. Our thoughts, habits, and emotions play a significant role in our financial decisions. For instance, our spending habits can be influenced by our emotions and our investment decisions can be swayed by our thoughts and perceptions. Understanding these connections can help us make better financial decisions, leading to improved financial health.
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How should investors manage the inevitabilities of risk? What are the most powerful wealth-building tools that require little technical skill? How do...
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In , investor and finance journalist Morgan Housel answers these questions and shares how human thought, habits, and emotions are intertwined with investment. He shares insights and strategies for how investors can leverage these connections for personal gain — not only financial but personal and emotional as well.