@poncho87ro
"Wealth is not to gain nicer stuff, it is to gain total independence and autonomy in my life." ..... SOOOOOOOO POWERFUL AND TRUE FOR ME!!!
@fredm1
I was an investment advisor. The advice in the video is excellent and true for the typical American. But for people who have a good portfolio of about $5m, if you look around, most people are still active at 70 (I live in LA) but by 80, not so much, so enjoy yourself at some point before it’s too late. That nice vacation will pay for your last week in the nursing home. There is a difference between wasting money and spending it. Be value-conscious.
@GonalezTarter
"Building wealth is like climbing a mountain; investing is the steady ascent, retirement is the summit."
@LanHo-g3z
It’s surprising how people are only scratching the surface and don’t take the time to read Zyphura Money. Go out of the rabbit hole guys
@alvarotrujillo1313
My Blcktken300 shorts are doing pretty well and I plan to hold much longer.
@kulimax
One the greatest podcast : 1.Emotional Attachments: People often have emotional connections to money, influenced by upbringing and culture, impacting how they perceive and use it. 2.Decision-Making: Behavioral economics studies how individuals make financial decisions, considering factors like risk aversion, cognitive biases, and psychological influences. 3.Money Beliefs: Personal beliefs and attitudes toward money shape financial behaviors, affecting spending, saving, and investment choices. 4.Happiness and Money: While income correlates with happiness up to a point, factors like autonomy, purpose, and social connections have greater significance beyond meeting basic needs. 5.Consumer Behavior: Understanding consumer psychology helps in influencing purchasing decisions through pricing strategies, advertising, and brand perception. 6.Behavioral Finance: Combining psychology and economics, behavioral finance explains irrational financial behaviors in markets, such as herd mentality and overconfidence. 7.Money Management: Psychological factors like self-control and procrastination impact money management skills, with strategies such as goal setting and behavioral nudges helping overcome challenges.
@Kristheman5
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
@gurjitsingh-c6y3x
1:19:21 "If you can go out of your way to keep your expectations anchored, it has bigger impact of financial happiness than growing your income does"....That's pure gold!
@TheFlairGuy
I can't believe every publishing company rejected it! I feel like this book should be mandatory in the education system.
@thegoogleclient7594
I didn’t even know what to expect when I signed up for the Passive Income Challenge. Wow, I’m glad I did! I know practically nothing about the world of finance, investing etc. I watched the video and know more than I ever did. I can’t wait to buy the book and continue to learn! Thank you both for this information.
@Elrenyer58
Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers
@Erikkurilla01
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
@HexlGaming
i like this new aproach to it all; not chasing money, doing what's simple and works well for you, following a career in what you actually like so you'll be able to thrive in it etc.
@sindurawagh
The Psychology of Money is my favourite book 📖 and finally to listen to him is the best thing now 😀
@sukarichristian9039
The Psychology of Money, just sound like you're going to learn something if you read it, as well as learning something by listening to this interview. Thank you.
@bradtrades
@1:03:25 This is so, so telling. I know many wealthy people now, and the one characteristic they all share is they don't look like it.
@panvalkaraamod1
This was super useful ! It is very easy for lot of people (including myself) to miss little details which this video required me to think about ! Thank you Erika and Morgan !
@normaturner6042
I went to the library and they didn't have it. Libraries order books you want so I ordered this one. Thank you Erika!
@TaylorHenrie-jg9zz
Very insightful. My favorite quote is, "I want wealth, not a lot of nice stuff."
@MoneyMoves17