1. Don't Look Rich, Be Rich ( The Psychology Of Money )

Introduction in this day and age; health, and money are the two most important things for us. Modern Medical Science today has done so much development that it now has the cure for almost all diseases. The life expectancy of the people has also increased significantly, while earlier the average life expectancy of the people was 60 to 65 years; it is now 70 to 75 years. If we talk of money, even today, people talk about investing, personal finances, and business finances. And these words have hardly helped anyone in becoming a good investor. Over the years, we have learned how to become a doctor and engineer or a lawyer. To become one of these, we did proper vocational studies and then learn the skills required. However, hardly we have come across a person who has learned the skills of debt management by studying personal finance and saved a lot of money. The main reason behind this is that we have studied finance the same way as we do other subjects, the way we study laws and rules in physics, we have tried to understand finance in the same way we memorized all the rules and formulae of finance. And this is where; we made a mistake because we cannot understand finance the wave we do physics. Instead we have to understand “The Psychology Of Money”. 

Hello! , this is NewsTVON. The book we are going to discuss his titled psychology of money. Timeless lessons on Wealth, Greed and Happiness. The name of its author is Morgan Housel. We see money all around us, and it is money that affects us and also confuses us. Each person has a different perception of money, and he behaves, according to his perception. The author says that people hold the same opinion about learning finance, as they do about other subjects. That is financed can also be understood with the help of formula and rules, and we have even used these formulae and rules to understand finance. But most of the time, despite using these formulae and rules, we are unable to be financially strong. The reason behind us not becoming financially strong is that even though we memorize all the formula. We aren't able to inculcate in ourselves the attitude and behaviour required to help us save money. That means we will be able to save money when we bring a change in our Behaviour. Develop in ourselves the psychology that we really have to save money and be financially free. 

This book summary will help you learn the psychology of money. How our behaviour does makes us rich or poor. Often, we wonder how Bill Gates became so rich. Did he become Rich due to share good luck? Or did he work hard to be rich? Exactly, how did the greatest investor in the world. Warren Buffet makes his entire body after the age of 50 to 60. To make money, we did not need hanker after it. Can attract money by being humble? You will receive the answer to all these questions in this series. Apart from that to help you understand the psychology of money, we will cite various case studies. And with the help of these studies, you will understand that saving money doesn't require technical skills. Rather it requires soft skills and you will learn about these soft skills through this series. Whatever perception you have about money will change after this discussion. If you want to be rich and not just look rich, then let's continue this interesting discussion in episodes to come.

Thank you, and have great day.