The Psychology of Money — Why Smart People Stay Broke in 2025 | Full Book Breakdown

What really makes people wealthy? It’s not intelligence. It’s not hustle. It’s not luck. It’s behavior. In this full podcast breakdown of The Psychology of Money by Morgan Housel, we explore the real reasons why so many smart people struggle with money — and how to build lasting wealth in a world full of noise, fear, and temptation. 💡 Topics we explore: Why time - intelligence in wealth building The true meaning of financial independence The power of compounding (Buffett & Gates) “Wealth is what you don’t see” explained How your mindset determines your money future Emotional investing, risk, and freedom What you can learn from rich vs. broke thinking 📚 Based on Morgan Housel’s bestselling book, this episode delivers practical, relatable, and psychology-backed insights for anyone who wants real financial freedom — not just money. 🎧 No fluff. No clickbait. Just the truth about money. #PsychologyOfMoney #MorganHousel #FinancialFreedom #WealthMindset #MoneyPodcast #Finance2025 #BehavioralFinance #SelfHelpBooks #InvestingWisely 00:00 - Intro: Why Money Is Psychological 04:15 - Intelligence ≠ Wealth 11:42 - Time - Skill (Buffett & Gates Example) 18:30 - What Is True Wealth? 25:45 - Compounding: The Quiet Giant 32:00 - Why Smart People Stay Broke 39:20 - Rich vs. Poor Mindsets 47:15 - Freedom as the Goal 54:10 - Risk, Luck & Life 1:03:00 - Final Lessons from Morgan Housel