Morgan Housel - Behaviors that Influence our Money Decisions and Habits | Prof G Conversations

Morgan Housel, a partner at The Collaborative Fund, and the bestselling author of “The Psychology of Money,” joins Scott to discuss his new book, “Same as Ever: A Guide to What Never Changes.” They get into topics including what to think about when buying a house, how to make healthier financial decisions, and the role money plays in our happiness.

Timestamps:
00:00 - In this Episode
00:42 - Tell us about your new book, “Same as Ever.”
02:43 - What past behaviors around money might inform how we approach financial situations today?
04:52 - How should people in their 20s/30s think about buying a home?
06:55 - Walk us through key behaviors that are impacting the economy
09:43 - What are your thoughts on ignoring your emotions when it comes to investing?
12:05 - What does ‘invest in preparedness, not in prediction’ mean?
15:50 - How can understanding the constants in your life lead to a more successful and fulfilling life beyond just financial comforts?
17:46 - Do people bifurcate their behaviors when it comes to the relationship with money versus the relationships with other parts of their lives?
20:09 - What are you thoughts on making self-worth dependent on how much money you makes?
24:50 - Say more about the relationship between happiness and expectations.
28:11 - How does the way you’re raised impact your relationship with money as you get older?
31:10 - How do you teach your kids about grit?

Subscribe to The Prof G Pod on Spotify
https://open.spotify.com/show/5Ob5psT...

Got a question for Prof G? Get answers on TikTok:
  / profgalloway  

Want more Prof G? Check out everything we're up to at
https://profgmedia.com/

#business #news #tech #finance #stockmarket #profg #scottgalloway #profgconversations #morganhousel #thepsychologyofmoney #sameasever #algebraofhappiness #algebraofwealth #investing #parenting #happiness