Mastering money has little to do with math. Instead, behavior is the most important side of investing, says today’s guest Morgan Housel, author of one of the highest-selling financial book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. We discuss many of his insights including the underestimated power of luck and risk, how the only way to stay wealthy is being both frugal and paranoid, and the fallacy of ‘earned success’ and ‘deserved failure.’
Learn more about your ad choices. Visit megaphone.fm/adchoices
1432: Rich and Regular Power Couple Julien and Kiersten Saunders
1431: Ask Farnoosh: Social Security 101: Will We Really Get It?
1430: Ditching the Path to Law School, Living Abroad and Earning 10 Revenue Streams with Vanessa Menchaca-Wachtmeister
1429: When Motherhood Inspires Financial Freedom with Dyana King
1428: Ask Farnoosh: Best Time to Rollover a 401(k), Establishing Credit in College and Smart Way to Pay Caregivers
1427: Retired by 36, Jeremy Schneider, Founder of Personal Finance Club
1426: Stimulus Check to 7-Figures, How One Single Mom Turned Her Financial Life Around
1425: Ask Farnoosh: Maternity Leave When Self-Employed, 529s and 401(k) Rollovers
1424: The New Voices of Personal Finance with Adam Auriemma, Editor-in-Chief of NextAdvisor
1423: Wiping $90k of Debt in 3 Years with Jacent Wamala
1422: Ask Farnoosh: Smart Ways to Pay Down Debt Ahead of a Recession
1421: Crushing $300k in Debt with Bernadette Joy
1420: A New, Goal-Based Way to Invest with Tara Falcone, Founder of Reason
1419: Ask Farnoosh: Adviser Fees, Saving for a New House, FAFSA Facts and Health Insurance Hacks!
1418: Smart Personal Finance Moves for Creative Entrepreneurs
1417: When Your Income Relies on Tips: Financial Advice for Service Industry Professional
1416: Ask Farnoosh: What's the Right Mix of Stocks Vs Bonds in a Portfolio?
1415: Healing From the Trauma of Money with Chantel Chapman
1414: Will Student Loan Cancellations Help to Close the Wealth Gap?
1413: Ask Farnoosh: Cash Stuffing, MLM Pushers, and Stay-at-Home Parenting
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
We Study Billionaires - The Investor’s Podcast Network
Money Girl
The YNAB Podcast
Money Tree Investing
The Disciplined Investor