This video is a 33 minutes animated book summary of The Psychology of Money by Morgan Housel.
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This full animated book summary of The Psychology of Money by Morgan Housel reveals the psychological traps that keep people broke, uncovers the hidden forces behind your financial decisions, and shows you how to build lasting wealth through smarter habits and a better mindset.
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⏰ Timestamps:
0:00 – Introduction
1:01 – Act 1 – The False Confidence
1:18 – Trap 1. You Think You’re Logical
2:39 – Trap 2. You Think You’re in Control
5:02 – Trap 3. You Believe the Story, Not the Reality
6:51 – Trap 4. You Think You’re a Spreadsheet
8:05 – Act 2 – The Emotional Hijack
8:20 – Trap 5. You Chase More Than You Need
10:44 – Trap 6. You Think Stuff Will Make You Admired
12:09 – Trap 7. You Think Looking Rich Means Being Rich
13:36 Trap 8. You Fall for Fear Disguised as Wisdom
15:18 – Act 3 – The Hidden Rules of Money
15:35 – Trap 9. You Think Saving Needs a Goal
17:36 – Trap 10. You Want the Gains—But Not the Ride
19:05 – Trap 11. You Think Getting Rich Is the Hard Part
20:53 – Trap 12. You Overestimate Your Plan
22:18 – Act 4 – The Long Game
22:30 – Trap 13. You Underestimate the Power of Time
24:01 – Trap 14. You Ignore How Rare Success Really Is
26:03 – Trap 15. You Buy Stuff and Sell Your Time
27:42 – Act 5 – Become the Person Who Wins Long Term
27:56 – Trap 16. You Expect the Market to Be Predictable
29:14 – Trap 17. You Forget That You’ll Change
31:01 – Trap 18. You Copy People Who Aren’t Playing Your Game
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CREDITS:
🔵Characters designed by @Macrovector
🔵Musics from Artlist
#booksummary #morganhousel #thepsychologyofmoney #moneymindset #psychology #personalgrowth
Disclaimer:
I’m not a financial advisor. This content is for educational purposes only and is not financial advice. For guidance specific to your situation, please consult a licensed professional.
Disclosure:
Some links above are Amazon affiliate links. I may earn a small commission if you purchase (at no extra cost to you)
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@Antidote_thechannel
🟨 UPGRADE YOUR FINANCIAL LIFE
Money Mastery System 1.0 👉 https://www.antidote-thechannel.com/money-mastery-system
@Sayumain01
is this legal ? to explain the whole book in video and monitize it (and make people dont need to buy the book)
@kikvid
Just read this same book and it taught me things I did wrong. And now I am advising others to follow through my video. Great book.
@deezducknuts101
I think a video and or book everyone should watch/read financial literacy is extremely important for a prosperous life
@gaussMause
it's all bullshit, make you believe in some made up lies
@CleverCapitalInsights
I haven't read that book but after this I will personally
@infinitewealth-m9p
I think that the psychology of money is the best finance book of all the times.
@suryanineni
I've always been sad for not having a car and a nicest house but then realized I have all the time I need to do whatever I wanted because I don't have any loan or mortgage that I could not pay. If freedom is matter that I already have mine
@BookBite16
It is not what we have that makes us rich, but what we do without what we have
@zakiz70
love it
@deoluwa
Learnt something
@emptybucket1988
Every crash is an opportunity to get rich
@emptybucket1988
If one knows how to invest he don't care where the market is
@emptybucket1988
Saving money is stupid because there is such thing called inflation. And as we all know inflation is a hidden tax
@BookSummaryHindiNaresh
Psychology of Money sunte hi laga, problem paisa ka kam hai, uske peeche bhaagne wale dimaag ka jyada hai na yaar?
@favouronoilu7654
12:37 pimping ain’t easy
@Grow-With-Zain
Great book ❤
@PennyMorgan-fg4cc
I respect the hard work.
@s.georgiak3432
I think that when we are growing up, if we felt seen and validated as a child by our parents, then there is no need to flaunt wealth through showing that we got expensive cars, watches and other stuff to get imagined validation from external parties.
@OgechiChiokwe
Saving money doesnt really mean extra physical cash, its could be investing in Golds, buying shares etc
@visionclasses9158
Very nice explanation
@IceBambee
I'm on Tuesday, and I love the way the team operates; it is all so smart and meticulous. I can only imagine that your clients are happy and hooked to your brand.
@TheHone-b4y
Great video thanks 🎉❤
@konshance
8:50 this is where "money doesnt buy you happiness" comes from. When you keep chasing. What you have will never be enough. You cant buy your way to happiness when this mentality sets in. Because money is what you chase for happiness. Never ending loop. If you dont chase money. And you have enough to do everything you need or want within reason. Yeah. Thats happiness.
@HarmonicTrueVoyage
Thank you for this summary, it's truly insightful and provides 😊
@PrateekMalviyaArt
Very good video on YouTube it should be teach in school ❤❤ in very few video that I liked
@thehiddenmind_x1
This really hit my mind differently.
@ListenEnglishPodcastHub
This episode gave me practical steps I can actually use every day. Can’t wait for the next one
@Eng._Melissa
Thank you!
@unbothered6357
Who the hell is Morgan Housel🤔❓
@DNOAlbert
🎉
@money648-s1i
Money & emotions go hand in hand. Once people get this, their financial circumstances will change.
@clementbotondi6035
True wealth to me is doing what matters to me, building myself without worrying about what other people think of me…building wealth is personal it's about what you want out of life
@GameAfrik_
Follow advise that wasn't meant for you
Know what game you're playing and don't let someones game distract you
Understand your strategy
@BukkyEssien
I need movie suggestions on money and spending. Real movies, kindly suggest 😢
@lizzieliu7647
I wish I would have read this book before i turned 30 years old
@TheQuietWealth_US
Trap 7: 'Wealth is what you don't see' is the ultimate filter. In a world screaming for attention, the quietest person in the room is often the one with the most freedom. This summary captures the essence of Housel’s stoic approach perfectly.
@anamariasoacate2314
I JUST WANT THE THINGS FOR MY ENJOYMENT. NOT TO BE ADMIRED BY OTHERS. I DON'T GIVE A… ABOUT OTHER PPLE UNREQUESTED OPINION.
@PopularWord
Amazing info