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Money stories shape our financial beliefs from "summary" of A psicologia financeira by Morgan Housel
Our financial beliefs are not formed in a vacuum. They are shaped by the stories we hear and experience about money. These stories can come from our parents, friends, the media, or even our own personal experiences. They can be positive or negative, realistic or exaggerated. But no matter their source or nature, they have a powerful impact on how we view and interact with money. For example, if we grow up hearing stories about how money is hard to come by and only the wealthy have access to it, we may develop a scarcity mindset when it comes to finances. We may hoard money, avoid taking risks, and constantly worry about our financial security. On the other hand, if we are exposed to stories of people who have achieved financial success through hard work and smart investing, we may be more inclin...
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