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The Psychology of Money by Morgan Housel | Book Report

READ THIS IF…

  • You want to find out how humility plays an important role in financial independence
  • You hope to have a healthy (-ier) relationship with money
  • You want some powerful insights if you’re looking to invest or already investing in the stock market

I discovered this book through a YouTuber. Interested ako sa money matters kasi ayaw namin na maging problema ang pera pag retired na kami. Gusto kong maging prepared sa mga pwedeng mangyari. When it comes to budgeting, lahat ng expenses namin up to the very last cent naka-track. Pero lumalagpas pa din kami sa budget. Dumating yung point na na-frustrate ako. Parang wala naman effect yung expense tracking ko. So mas lalo akong naging interested sa book na ‘to kasi parang kulang pa yung alam ko pagdating sa pag-manage ng pera.

Lahat naman tayo gusto na pag nag-retire tayo, sapat yung pera natin. Pero feeling ko kasi hindi pa ko sobrang knowledgeable para ma-achieve yung financial independence. Ang hirap nung gusto mo lang pero hindi mo naman inaalam kung pano. Kaya curious ako kung anong matuturo ng book na ‘to. And gusto ko rin yung title kasi hindi sya yung tipong, “How to be a Millionaire in 90 Days” (whut) or “How to be Filthy Rich”. Gusto ko yung The Psychology of Money.

To rephrase an old saying: everyone talks about retirement, but apparently very few do anything about it.