The Savings Expert: “Do Not Buy A House!”, How To Turn £100 Into £1.5m Without Effort: Morgan Housel

Will money make you happy? How much is really enough? And how much should you save? Too often people don’t have the answers for the biggest financial questions in life, until now. In this new episode Steven sits down with world-renowned financial expert and best-selling author, Morgan Housel. Morgan Housel is a partner at the Collaborative Fund, a leading venture capital firm with a focus on technological companies. He is also the author of the book, ‘The Psychology of Money’, which has sold over 4 million copies. MarketWatch named him as one of 2022’s 50 most influential people in financial markets.

In this conversation Morgan and Steven discuss topics, such as:

How happiness is being in control and having freedom

Why a lack of control can make your life crumble

Why nobody actually cares about your material possessions

The money games being played in society

Why you should rent your home until you have kids

His mission behind writing about money

Why your relationship with money defines you

How to gain introspection about your life and finances

The randomness of financial crises

Why you should have a deathbed perspective on work and savings

How embrace failure can lead to huge successes

The double life of billionaires: wealth and pressure

The cost of a stressful job on health

Why bad news travels faster

Why growth comes from challenges and disasters

How growth comes with stress and uncertainty

Slow habits and their long term effects

How personal tragedies shape life goals

Why you should balance wealth with wellbeing

Staying patient despite market upheavals

The need for big, terrifying goals in business.

The difference between being rich and feeling wealthy.

Why a rising income doesn’t lead to happiness

The meaning of authentic success

You can purchase Morgan’s most recent book, ‘Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life’, here: https://amzn.to/467d77x

Follow Morgan: Instagram: https://bit.ly/3spU4HK Twitter: https://bit.ly/40mE6uF

Flightfund: https://flightfund.com/

If you enjoy hearing about how to master the world of finance, I recommend you check out my conversation with Ramit Sethi, which you can find here: https://www.youtube.com/watch?v=ORqd9QAC8OY

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