Healing time

The Psychology of Money Author: morgan housel Publisher ‎Harriman House (September 8, 2020) Language: ‎English Paperback ‎:256 pages Rating :5/5. Every single person must have financial knowledge. every person can become a millianiar whoever he was floor cleaner in petrol pump or graduate from most reputed University. Any person can earn money while sleeping and any person can be declared bankrupt. It totally up to us. showing off your expensive to other means simplest and fastest way to poor. Wealthy person don't not show the money they are tension free, do whatever they want and live happily but rich man show their money and slowly waste their money. The author want to tell us rich men want to expense millions but how they become millionaire like this. Your money will be grow slowly by compounding but destruction happens suddenly. the authors want to tell us nothing is for free if you invest your money there are two option 1 mutual fund which is risky but right. On the other hand, bank which is safe not much profit. Our aim is to be financially unbreakable which means nothing effect on you about market cycle. trust yourself where is to be invest. Whenever we plan for anything, always remember, we can't decide future. Which means if our plan A fail due to any reason, ready plan B in advance. Another lesson what author want to teach us is that Be optimistic about the future but not paranoid about obstacles to success. Handle your money in right way. If you cant take care of 10 lakhs rupees, how you can manage 10 crore. Take a little bit habbit of investing and saving which is best way for growing like Ronald Read. Morgan says," you can get rich with small salary but no chance of without saving." Best book for finance. Must read for all. Have you read this book, share your experience