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10 lessons from Morgan Housel's book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness:1. No one...
03/10/2023

10 lessons from Morgan Housel's book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness:

1. No one's crazy. Everyone looks at money through the lens of their past experiences, and this can lead to different perspectives and behaviors when it comes to money.

2. Luck versus risk. Luck plays a significant role in our financial success, and it's important to understand the difference between good and bad luck.

3. Never enough. When rich people do crazy things, it's often because they're still chasing the next dopamine hit of making more money.

4. Getting wealthy vs. staying wealthy. Good investing is not necessarily about making good decisions. It's about making decisions that are not too bad.

5. Freedom. Controlling your time is the highest dividend money pays.

6. Man in the car paradox. No one is impressed with your possessions as much as you are.

7. Save money. The only factor you can control generates one of the only things that matter.

8. Reasonable > rational. Aiming to be mostly reasonable works better than being coldly rational.

9. Surprise. The biggest financial surprises are the ones that we don't see coming.

10. Room for error. It's okay to make mistakes. No one gets it right all the time.

Housel's book is a fascinating and thought-provoking read. It provides a unique perspective on the psychology of money and how it affects our financial decisions. If you're interested in learning more about how to improve your relationship with money, I highly recommend The Psychology of Money.

I would also add that it's important to be patient and kind to yourself on your journey to financial success. Change takes time and effort. Don't get discouraged if you don't see results immediately. Just keep learning and growing, and you will eventually reach your financial goals.

BOOK:

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

29/09/2023

10 inspiring lessons from the book "Awaken Your Power Within" by Gerry Hussey

"Awaken Your Power Within" is a book that offers valuable lessons on personal growth and self-empowerment.

1. Self-awareness: The book emphasizes the importance of self-awareness as the first step towards personal transformation. Understanding your strengths, weaknesses, values, and beliefs enables you to make conscious choices and take control of your life.

2. Mindset shift: The author emphasizes the power of mindset in shaping our reality. By adopting a positive and growth-oriented mindset, you can overcome challenges, embrace change, and unlock your true potential.

3. Goal setting: Setting clear and meaningful goals is crucial for personal development. The book guides readers on how to set SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals and provides strategies to stay motivated and focused on achieving them.

4. Taking responsibility: The book emphasizes the importance of taking responsibility for your life. Instead of blaming external factors or circumstances, it encourages readers to take ownership of their choices, actions, and outcomes, empowering them to create positive change.

5. Overcoming fear and limiting beliefs: The author addresses the common fears and limiting beliefs that hold people back from reaching their full potential. By identifying and challenging these self-imposed limitations, readers can break free from their comfort zones and pursue their dreams.

6. Building resilience: Resilience is a key trait for personal growth. The book provides tools and techniques to develop resilience, enabling readers to bounce back from setbacks, adapt to change, and thrive in the face of adversity.

7. Cultivating gratitude and mindfulness: The book highlights the importance of practicing gratitude and mindfulness to enhance overall well-being. By focusing on the present moment and appreciating what you have, you can cultivate a positive mindset and attract more abundance into your life.

8. Taking inspired action: The book emphasizes the significance of taking consistent and inspired action towards your goals. It encourages readers to step out of their comfort zones, embrace uncertainty, and seize opportunities that align with their passions and purpose.

9. Building meaningful relationships: The author emphasizes the power of authentic connections and the impact they have on personal growth. The book provides insights on building healthy relationships, setting boundaries, and surrounding yourself with positive influences.

10. Continuous learning and growth: The book encourages readers to embrace a lifelong learning mindset. By seeking new knowledge, acquiring new skills, and continuously evolving, you can expand your horizons, discover new passions, and unlock your full potential.

These lessons from "Awaken Your Power Within" can inspire and empower individuals to take charge of their lives, overcome obstacles, and create a fulfilling and purposeful existence.

Digital creator

26/09/2023

5 lessons from book Master Your Time, Master Your Life

1. Set Clear Goals: To make the most of your time, you need to have clear goals. Without a clear destination, youโ€™re likely to wander aimlessly and waste time. So, take some time to think about what you want to achieve in the short-term and long-term, and set specific, measurable, achievable, relevant, and time-bound goals.

2. Prioritize Tasks: Not all tasks are created equal. Some tasks are more important and urgent than others. To be more productive, focus your time and energy on high-priority tasks that will make the biggest difference in achieving your goals. Make a to-do list and prioritize the tasks based on their importance and urgency.

3. Use Time-Blocking: Time-blocking is a technique where you schedule your day in advance, allocating specific blocks of time for specific tasks. This technique helps you stay focused and avoid distractions, and ensures that you have enough time for each task.

4. Eliminate Time Wasters: Time wasters are activities that consume your time without adding any value to your life. Examples of time wasters include watching TV, social media, and gossiping. Identify your time wasters and eliminate them from your daily routine.

5. Continuously Improve: Finally, to master your time and master your life, you need to continuously improve. Learn new skills, seek out new opportunities, and constantly challenge yourself to be better. The more you learn and grow, the more productive and successful youโ€™ll be in life.

Thank you for reading โค๏ธ

25/09/2023

๐“๐จ๐ฉ 5 ๐Œ๐จ๐ฌ๐ญ ๐๐จ๐ฐ๐ž๐ซ๐Ÿ๐ฎ๐ฅ ๐‹๐ž๐ฌ๐ฌ๐จ๐ง๐ฌ ๐…๐ซ๐จ๐ฆ ๐“๐ก๐ž ๐๐จ๐จ๐ค "๐„๐ ๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐„๐ง๐ž๐ฆ๐ฒ".

๐Ÿ. ๐˜๐จ๐ฎ๐ซ ๐ฐ๐จ๐ซ๐ฌ๐ญ ๐ž๐ง๐ž๐ฆ๐ฒ ๐ฅ๐ข๐ฏ๐ž๐ฌ ๐ข๐ง ๐ฒ๐จ๐ฎ.

"Wherever you are, whatever youโ€™re doing, your worst enemy already lives inside you: your ego."
Since pride is in us, it is either we feed it or starve it.
How you deal with your pride makes the big difference.

๐Ÿ. ๐Œ๐š๐ง๐š๐ ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ฉ๐ซ๐ข๐๐ž

"Your ego is not some power youโ€™re forced to satiate at every turn. It can be managed. It can be directed."
As soon as you feel you are becoming egoistic, boastful, and proud โ€“ you can tell yourself to stop.

๐Ÿ‘. ๐๐ซ๐ข๐๐ž ๐ญ๐ž๐ฅ๐ฅ๐ฌ ๐ฒ๐จ๐ฎ ๐ญ๐จ ๐ญ๐š๐ฅ๐ค, ๐ก๐ฎ๐ฆ๐ข๐ฅ๐ข๐ญ๐ฒ ๐ญ๐ž๐ฅ๐ฅ๐ฌ ๐ฒ๐จ๐ฎ ๐ญ๐จ ๐ฅ๐ข๐ฌ๐ญ๐ž๐ง.

Ego encourages you to lift yourself and base your worth on nothing or false worth.
On the other hand, humility tells you how important it is to listen to people.

๐Ÿ’. ๐๐ž๐œ๐จ๐ฆ๐ž ๐š ๐ฌ๐ญ๐ฎ๐๐ž๐ง๐ญ

Ego tells you not to listen to anyone.
As a result, you stop learning.
When you become a student, you lay aside your pride.
You admit to yourself that you donโ€™t know everything.
So, if you want to keep on learning, learn to be humble first.

๐Ÿ“. ๐‡๐ž๐ฅ๐ฉ ๐ฉ๐ž๐จ๐ฉ๐ฅ๐ž ๐›๐ž๐œ๐จ๐ฆ๐ž ๐ ๐ซ๐ž๐š๐ญ

Ego focuses on self.
Humility focuses on others.
If you want to become great, you need to help other people become great.
Thatโ€™s just how the universal law works.

Unlock the power of self-awareness with the free audio book of "Ego is the Enemy"! Click on the link in comments to gain access to valuable insights and strategies for conquering the ego and reaching your full potential. Don't miss out on this opportunity to elevate your mindset and achieve success in all aspects of your life. Claim your free audio book now.

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