"Why You're Still BROKE: The Psychology of Money by Morgan Housel (Full Summary)"

Why do smart people make terrible money decisions? Morgan Housel's "The Psychology of Money" reveals that financial success isn't about intelligence—it's about behavior. In this complete book summary, I break down all 20 timeless lessons from Morgan Housel's bestselling book that's sold over 4 million copies worldwide. You'll discover why wealth isn't about what you know, but how you behave with money. 🔑 KEY TAKEAWAYS COVERED: Why being rich and being wealthy are completely different The power of compounding and long-term thinking How luck and risk shape every financial outcome Why saving gives you freedom (not just money) The psychology behind financial decisions How to think about money to build lasting wealth The difference between reasonable and rational decisions Why optimism beats pessimism in investing How to define "enough" to avoid greed traps Practical lessons you can apply immediately UBSCRIBE for weekly book summaries that actually change your life. 💬 COMMENT BELOW: What's your biggest takeaway from The Psychology of Money? #ThePsychologyOfMoney #MorganHousel #BookSummary #PersonalFinance #WealthMindset #MoneyPsychology #FinancialFreedom #InvestingTips #MoneyManagement #BehavioralFinance #BookReview #SelfImprovement #FinancialEducation #WealthBuilding #MoneyTips Music Credit ---------------------------------- Music Credit The Travelling Symphony – Savfk Track:    • Video   CC BY 4.0: https://creativecommons.org/licenses/... Source: https://breakingcopyright.com 📌 DISCLAIMER: This is a book summary for educational purposes. I highly recommend reading the full book for complete understanding. This helps support the channel. Thank you!