Why Smart People Make Bad Money Decisions | Psychology of Money Timeless Lessons About Wealth, greed

Money is not just about numbers, formulas, or intelligence — it’s about behavior. In this whiteboard animation, we explain The Psychology of Money by Morgan Housel, one of the most powerful finance books of our time. You’ll discover why people with average incomes build massive wealth, while high earners often struggle financially. This video breaks down real-life money psychology, emotional decision-making, and timeless principles that apply to investing, saving, and life. 📌 In this video, you will learn: Why behavior matters more than intelligence in money The role of luck and risk in financial success Why compounding is the most powerful force in wealth building How greed, fear, and ego silently destroy money Practical lessons for long-term financial freedom This video is perfect for: ✔ Beginners in finance ✔ Investors & entrepreneurs ✔ Students of personal development ✔ Anyone who wants financial clarity 🎥 This is a full whiteboard animation summary, designed to keep concepts simple, visual, and engaging. ⚠️ Disclaimer: This video is for educational purposes only and is not financial advice. 👍 If you found value, LIKE, SHARE, and SUBSCRIBE to Finance Guru for more animated finance and psychology content. #psychology #psychologyofmoney #psychologyofmoneysummary #psychology of money animated #psychologyofmoneywhiteboardanimation #psychologyofmoneybooksummary #morganhouselpsychologyofmoney #moneypsychology #howmoneyworks #financialpsychology #wealthmindset #moneybehavior #financemotivation #personalfinanceeducation #investingpsychology #financialfreedommindset