Compounding is often called the eighth wonder of the world. A small amount of money, invested early and left untouched, can grow dramatically over decades. The key is patience and starting as soon as possible—time amplifies even modest efforts.
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The Psychology of Money by Morgan Housel explores the complex relationship people have with money, highlighting how emotions, behaviors, and perspectives significantly influence financial decisions. Rather than focusing solely on technical financial strategies, the book delves into the psychology behind wealth, success, and happiness.
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Category 1: Losers
People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...
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