oter
Audio available in app

Money is emotional from "summary" of The Psychology of Money by Melody Jefferson,Morgan Housel

The way we handle money is a reflection of our emotions. It's not just about numbers on a page or dollars in a bank account. Money carries with it a heavy emotional weight that can influence our decisions in significant ways. Our emotions can drive us to make irrational choices when it comes to money. We may overspend when we're feeling happy or treat ourselves to something expensive to cheer ourselves up when we're feeling down. These decisions may feel good in the moment, but they can have long-term consequences on our financial well-being. On the other hand, our emotions can also lead us to make more prudent choices with our money. Fear of lo...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Stocks represent ownership
    Stocks represent ownership
    When you purchase a stock, you are essentially buying a piece of a company. This means that you become a partial owner of that ...
    Understanding personal values can guide financial decisions
    Understanding personal values can guide financial decisions
    When it comes to making financial decisions, understanding your personal values can be a powerful guiding force. Your values ar...
    Financial education is key to success
    Financial education is key to success
    Financial education is not just about learning how to manage money. It is about understanding how money works, how to make it w...
    Be adaptable and willing to change when necessary
    Be adaptable and willing to change when necessary
    In order to achieve success in life, it is essential to possess the quality of adaptability and a willingness to change when ne...
    Tail events drive everything
    Tail events drive everything
    The world is shaped by extreme events that lie far outside the realm of normal expectations. These tail events, as they are cal...
    Be patient with your financial growth
    Be patient with your financial growth
    Financial growth is a journey, not a sprint. It takes time for your investments to grow and for your savings to accumulate. You...
    Set achievable financial goals and work towards them
    Set achievable financial goals and work towards them
    Setting achievable financial goals is a crucial step towards financial success. It gives you a clear direction and purpose for ...
    Strive for a balance between enjoying life now and saving for the future
    Strive for a balance between enjoying life now and saving for the future
    The idea is to make sure you are living your life to the fullest in the present while also planning for the future. This concep...
    Focus on increasing your financial IQ
    Focus on increasing your financial IQ
    In today's fast-paced world, it is crucial to have a high financial IQ in order to navigate the complex world of money successf...
    Seek out financial advice from experts
    Seek out financial advice from experts
    When it comes to managing your money, seeking advice from those who have expertise in financial matters can be extremely benefi...
    oter

    The Psychology of Money

    Melody Jefferson

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.