7 Mentally Strong Financial Traits (Master Your Money Psychology!)
The Personal Finance Podcast
Andrew Giancola
4.7 ⢠1.4K Ratings
šļø 10 March 2021
ā±ļø 21 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
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| 0:00.0 | On this episode of the Personal Finance Podcast, we're going to talk about seven mentally strong financial traits. What's up everybody and welcome to the Personal Finance |
| 0:27.5 | podcast. I'm your host and the founder of Dollar |
| 0:30.6 | After Dollar.com and today on the personal finance podcast we're going to talk |
| 0:36.7 | about seven mentally strong financial traits and this is one of the most important things |
| 0:42.4 | when it comes to your money, because money is a mental game. And your psychology is everything when it comes to your money. Because every decision that you make with your money matter significantly. money because |
| 0:53.0 | matter significantly in the long run in terms of your wealth building, |
| 0:58.0 | in terms of how you purchase things, |
| 1:00.0 | and in terms of your investing power. |
| 1:03.0 | Because if you can control the mental game of your money, |
| 1:06.0 | if you can control yourself from overspending, |
| 1:08.0 | if you can invest more money and stay calm while investing, |
| 1:12.0 | all of these things will add up to building wealth. |
| 1:16.8 | And what most people just don't understand |
| 1:18.9 | is that the mental game is the most important thing. |
| 1:24.6 | Because if you have the mental game down, |
| 1:27.1 | everything else just becomes action. |
| 1:29.0 | And taking action, when you have the right mentality, is a full-blown force that nobody can stop. |
| 1:35.0 | And that is why we need to talk about this. |
| 1:37.0 | That is why you need to work on the psychology of money. |
| 1:40.0 | There's a great book by Morgan Housall, and if you haven't read it it's called |
| 1:44.1 | the Psychology of Money just came out last year and I highly recommend you read it |
| 1:48.5 | because what you're going to find out in that book is there's all different types |
... |
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