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Showing posts from December, 2023

"The Psychology of Money" by Morgan Housel

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"The most powerful force in the universe is compound interest." - Morgan Housel Introduction: "The Psychology of Money" by Morgan Housel is a captivating journey into the intricate relationship between human behavior and financial success. Through compelling narratives and insightful observations, Housel navigates the reader through the maze of financial decisions, exploring the deep-rooted psychological factors that shape our relationship with money.   Lesson Number One : Authentic wealth lies in the intangible, often unseen aspects of life: True wealth isn't always about money or things you can touch. It's about the things that are important but not physical, like love, happiness, and  experiences. One side is luxury cars, pictures of fancy vacations, all these things are clearly visible to us. On the other side, there's the EMI of that house or car, the stress o...

Rich Dad Poor Dad Book Summary

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  “The richest people in the world look for and build networks; everyone else looks for work.”             -Robert T.Kiyosaki                                                                                                               Introduction: To achieve financial freedom, financial literacy is crucial. Having a strong education is most essential, and according to experts, one of the best ways to enhance financial education is through reading books. This is why numerous books have been written on this topic worldwide. One such book is 'Rich Dad Poor Dad' written by American author Robert Kiyosaki, which many people read to achieve their goals and attain success in ...