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Financial success is a result of habits, not luck from "summary" of The Psychology of Money by Melody Jefferson,Morgan Housel
Financial success is a result of habits, not luck. This idea underscores the importance of consistent behaviors and actions in achieving one's financial goals. By forming positive habits and making smart decisions over time, individuals can pave the way for long-term financial success. Luck may play a role in certain situations, but it is ultimately a person's habits that determine their financial outcomes. Habits are powerful because they shape our daily routines and behaviors. When it comes to finances, developing good money habits can lead to positive outcomes over time. For example, consistently saving a portion of one's income, budgeting effectively, and investing wisely are all habits that can contribute to financial success. These behaviors may seem small on a day-to-day basis, but their cumulative impact can b...
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