In this episode of BOOK CLUB, we’re discussing 14 cash regulations I follow to develop and maintain wide range which I discovered from reviewing Morgan Housel’s publication ‘The Psychology of Cash’. These lessons have helped to transform my overview and mindsets to money as well as are very beneficial to learn very early on in your trip to monetary independence!
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Timestamps:
00:00 Intro
00:26 Lesson 1 – Everyone has various perspectives in the direction of money
01:18 Lesson 2 – Don’t undervalue the relevance of good luck
01:51 Lesson 3 – Learn to say “this is enough”
04:11 Lesson 4 – Appreciate the magic of worsening
05:30 Lesson 5 – Save as high as you can
06:59 Lesson 6 – Focus on not screwing up
08:13 Lesson 7 – Use money to buy liberty
09:10 Lesson 8 – Getting rich is different to staying affluent
10:18 Lesson 9 – Don’t be a showy twat
11:17 Lesson 10 – Leave room for error
12:35 Lesson 11 – Avoid severe monetary dedications for your future self
13:45 Lesson 12 – Be affordable instead than reasonable
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I’m Ali, a YouTuber, podcaster, future writer as well as ex-Doctor working in London, UK. I make videos that discover the approaches and also tools that help us live better, healthier as well as extra productive lives. I additionally have a weekly podcast called Deep Dive (https://www.youtube.com/channel/UChfo46ZNOV-vtehDc25A1Ug), and I create an once a week e-mail e-newsletter that consists of some quick ideas + links to interesting things (https://aliabdaal.com/newsletter/).
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