Money Talks with Psychology of Money author Morgan Housel! | Ankur Warikoo

Follow Morgan Housel on social media here:
Twitter: / morganhousel
LinkedIn: / morgan-housel-5b473821
Collaborative Fund blog (where Morgan is a partner and a contributing writer): www.collaborativefund.com/blog/
Today’s Money Talks has none other than Morgan Housel, whose writing and wisdom on money has inspired so many of us, including myself, to make wiser decisions on money.
We talked about his childhood, the frugality of his parents, his working style, how Psychology of Money was written, and many more questions that I found were totally insightful to have his views on, and I am sure they are going to help you out as much as they did to me.
Get your copy Psychology of Money (which btw, has crossed sales of 2 Million copies worldwide): amzn.to/2Sl0fXV
What a time to be alive (my favourite blog of his): www.collaborativefund.com/blo...
Subscribe to my all new Shorts channel, warikoo Shorts, and learn personal finance and career tips in less than 60 seconds! t.co/pMdPNe4Quf
00:00 Introduction
00:40 How was it growing up with money?
05:00 Did you start hating money?
06:00 How did you decide you wanted to do something in finance?
08:40 Money you need in life
11:40 How is financial discussions with your wife?
13:40 Handling money and children?
15:10 How does your daily routine look like?
17:40 How are you investing your money?
19:15 Have you had a change of mindset?
21:00 Commitment to writing?
24:30 Do you do your own research?
26:30 How was your experience with writing your own book?
30:00 Rapid fire with Morgan Housel
#warikoo #psychologyofmoney #earnmoneyonline
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[@warikoo]

Follow Morgan Housel on social media here: Twitter: twitter.com/morganhousel LinkedIn: www.linkedin.com/in/morgan-housel-5b473821/ Collaborative Fund blog (where Morgan is a partner and a contributing writer): www.collaborativefund.com/blog/

 Get your copy Psychology of Money (which btw, has crossed sales of 2 Million copies worldwide): amzn.to/2Sl0fXV

What a time to be alive (my favourite blog of his): www.collaborativefund.com/blog/2020-what-a-time-to-be-alive/ Subscribe to my all new Shorts channel, warikoo Shorts, and learn personal finance and career tips in less than 60 seconds! t.co/pMdPNe4Quf My first book is out now! The title of the book is also my life motto: "DO EPIC SHIT" Get yours NOW: ankurwarikoo.com/doepicshit

[@Kumbhaj]

Need support to every yt user . I take a initiative a Revolution can create a big Evolution.

[@user-K18]

Sir plzz make videos related to investing

[@rohitkotkarpatil6571]

Sir please one Collab with Sandeep Maheshwari sir We would love to see both of you together❤️

[@user-K18]

@@rohitkotkarpatil6571 yess

[@thbsbanglore]

Hey Ankur, when we can expect to see your conversation with Deepak shenoy?

[@parkinsoncircus9323]

1. Childhood and parents living below means 2. More interested in people than maths and statistics. 3. How much you need, discussing it with partner 4. Is if financial decisions are outsourced to one partner and the other partner has faith in their judgement 5. How to have less fomo? 6. Spulrge occasionally to break from the frugality when you dont ever worry about money 7. His writing jounrey( shorts to long fomr) 8. Psyhology of money writing process and blog posts converted into a book

[@grow_small_businesses]

Wow you save my so much time

[@omkumarsingh]

Great to hear Morgan. Guy is funny and smart and very effortlessly passes on the message. Loved his book too

[@SiddhartAgarwal_1992]

The clarity in Morgan's thought process is amazing. The interview was so well conducted and the questions were so thoughtful. I have learnt so much from this interview. Thank you Warikoo Sir!!

[@user-bq3jy6gp1o]

FEEDBACK APPRECIATED♥️ kindly reach out on telegram at the username above for consultation and investment purposes.

[@ivinitmittal]

One of the best episode of money talks!!💯

[@scottfreerahul]

Such an insightful and amazing experience. loved it. Ankur, Thank you for doing this.

[@dushkriti32]

Without these two wonderful men, I would not have had a portfolio. So Grateful to you two. Thank you for being such a huge part in my life.

[@EarnwithRohitash-id4jr]

Appreciate your comment , whasap the number above for more tips and guidance on profitable investment. You can join our VIP offers.

[@aawaaraahoon]

Usually, Ankur says watch at 1.5x speed for a better experience on his videos, but this time I had to slow down the parts with Morgan Housel 😂. Great session!

[@ishanbhale4539]

Just started reading Psychology of money because of your review and then you've come up with this 💙 timing couldn't have been better, lots of love☺️🙏

[@megaHarshTiwari]

Same

[@grow_small_businesses]

@@megaHarshTiwari Its great book it will really change your Psychology for Money

[@ashugupta4642]

I'm stunned that you bring morgan hausel.

[@pradeepkumar-xp9pu]

I reads its two times in a pdf format and again I bought hard copy and reads it once again after your suggestions . And lots of things I learnt .Thank you both of u to make my day..............

[@starboi6024]

Oh man how do you manage to onboard such amazing personalities. We definitely need a cold email masterclass.

[@EarnwithRohitash-id4jr]

Appreciate your comment , whasap the number above for more tips and guidance on profitable investment. You can join our VIP offers

[@syedjafferimam5789]

Psychology of money is a fabulous book. Those who've not read that yet are missing out on life, especially if they really want to make money.

[@ganeshvadcar8098]

I've read several blogs of Morgan and read his book, huge fan of him, the conversation held here and the questions asked by Ankur was mind-blowing, but in the entire video, not a single time Morgan called out Ankur's name, which means that he is obsessed about what he does and more interested in sharing his thoughts rather than listening to the speaker what he has to say, this is just one point that I did not like about him, I'm sure while Ankur was concluding the Video, he expected Morgan to take his name to thank him for inviting him on his show.

[@lerolerolerolerolero256]

0:27

[@ankurmehrotra6506]

Maybe it's an edit too, the podcast is compressed version mostly

[@PranavKumar-dd2xo]

That's a very good point

[@surajsah4401]

Thank you ankur sir for bringing Morgan housel to the podcast. Although his book psychology of money shows his thought toward finance but through conversation with you I learned how to simple and be proud of that. One of the most amazing podcast I have ever watched

[@prakharthakur7178]

This video exceptionally beautiful. Morgan is a beautiful author.

[@ParijatRao]

Thank you Ankur 🙏 This conversation was wonderful 👏

[@NitinKhandelwal]

I have not read Psychology of Money till now.. But I loved the way Morgan speaks and convey his thoughts. Now, I am not going to procrastinate with the book and going to read it.. Thanks Ankur for the podcast.💯

[@user-gs4qf6mr5w]

One of the best podcasts on money talks!

[@vladimirputin.official.]

Woaahh.. First time listening to this man and I'm glad that his book is the first choice whenever someone asks me for my favorite book on money matter..

[@tanmay_380]

One of the best rapid fire of money talks ✨✨🥂

[@dudeidonthaveahandle]

I just bought both of your books, and this video gave me a reason to read Psychology of Money. And I'm now gonna start learning from the book...

[@tusharmodi9883]

Much loved book and having Morgan on this series is a delight to watch ❤️

[@nitishsajjan5043]

thank you soo much for doing this Ankur it was a such a great podcast. keep up the good work.

[@harshjain2098]

Thank you Ankur sir... i just finished the book a week ago and was sm fascinated by Morgan Sir(with his work...duhh!!) and this popped up today...loved it.

[@saurabh6858]

I would listen to this interaction even if it was 10 hours long. Thank you for having him.

[@lawbabaji]

Consistent timelessness over consistent quality... what a thought!! loved the conversation.

[@cherryhoh5145]

Thanks for this episode that gives SO MUCH INSPIRATION out of the book. Especially to the point that keeping up with the jonuses effect and the examples of food and drink.

[@manikmodgil9398]

Loved the Book. Its teaches more than finance, It taught me about Ethics, about believing in oneself. I love how it teaches That 'NO ONE IS CRAZY'.

[@exploringhorizon]

Great to hear from this man. Thanks Ankur.

[@FlavorQuotient]

Loved loved loved this one! Thank you Ankur for this!

[@saketgupta8291]

when unexpected things become reality! thanks a lot for this podcast Ankur sir.

[@user-sr7wl7um9c]

👆Contact me directly for profitable investment and business management

[@jayadevtn1987]

I guess this is the best in the money talk series..thoroughly enjoyed and so much to ponder upon.

[@yashparihar8907]

Wow Ankur directly author ko hi podcast pe bula liya me expect nahi kiya tha ki psychology of money ke author ke podcast dekunga aapke channel pe great conte8

[@Kapilparmar331]

Thanks you so much sir for wonderful and great session ❤️😊

[@Akash-jj8pi]

This is an amazing podcast. One of my favourite books about money. Loved the conversation

[@jayasreedevineni1679]

What a conversation! Admire your lively and wise videos incl your interviews Ankur. May your tribe multiply

[@sambitkumarrout6842]

This video is a gold dust, like literally. I can imagine how much you've gone through to get this meeting done Ankur. It's quite insightful to pick up brains of a person like Morgan. This is going to be my best video of yours

[@TarunKumar90189]

Thanks Ankur for this interview! Very Insightful.

[@ddmkvlog]

Psychology of money and psychology of Morgan was brought by you . It's praiseworthy. English subtitles are useful when American Morgan is present with us. Thanks alot

[@aditijain3749]

Best money talk I have ever watched, Morgan and Ankur you are the best of best

[@Prasad__Saurav]

Warikoo sir its the ever first video that grabbed my attention because the way he expressed himself being so generous and sooo humble guy that just grabbed my heart. Truly a worth watching video sir I stopped my self form working and the watched the video just showed the magic. Loved it dude keep growing we all love u ❤️

[@sakkharb]

Man !! the thumbnail blew me away !! Money talks with the author of The Psychology of Money !!! Money talks hit a milestone today, elated for this episode and wish all the very best for entire Waricrew team :) P.S. Please bring Naval Ravikant on Money Talks

[@bhoomikarohra864]

Best episode on Money Talks for sure 💕

[@sscsikkim]

What an interview! Just blown away with the level of intellect Morgan has. Thank you Ankur for bringing this interview. I had bought Psychogy of Money a long back and didnt read it all. (And I bought it on Ankur's recommendation only 😄) Now I will complete it definitely.

[@Ajay-pd6ld]

Thanks for bringing him ❣️

[@simply_sophisticated]

thnaks for this mr. warikoo

[@SheikhNaveed]

Lessons from ‘Psychology of Money’ by Morgan Housel 1. “Money’s greatest intrinsic value - and this can’t be overstated - is its ability to give you control over your time.” 2. “Spending money to show people how much money you have is the fastest way to have less money.” 3. “Use money to gain control over your time, because not having control of your time is such a powerful and universal drag on happiness. The ability to do what u want, when u want, with who u want, for as long as you want to, pays the highest dividend that exists in finance.” 4. “Controlling your time is the highest dividend money pays.” 5. “doing something you love on a schedule you can’t control can feel the same as doing something you hate.” 6. “Independence, to me, doesn’t mean you’ll stop working. It means you only do the work you like with people you like at the times you want for as long as you want.” 7. “Be nicer & less flashy. No one is impressed with ur possessions as much as u are. U might think u want a fancy car or a nice watch. But what u probably want is respect & admiration. & u’re more likely 2 gain those things through kindness & humility than horsepower & chrome.” 8. “Saving is the gap between your ego and your income.” 9. “Using your money to buy time and options has a lifestyle benefit few luxury goods can compete with.” 10. “To grasp why people bury themselves in debt, you don’t need to study interest rate: you need to sturdy the history of greed , insecurity and optimism.” 11. “Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you.” 12. “But there’s only one way to stay wealthy: some combination of frugality and paranoia.” 13. “Doing well with money has a little to do with how smart you are and a lot to do with how you behave” 14. “The only way to be wealthy is to not spend the money that you do have. It’s not just the only way to accumulate wealth; it’s the very definition of wealth.” 15. “one of the most powerful ways to increase your savings isn’t to raise your income. It’s to raise your humility.” 16. “Expecting things to be bad is the best way to be pleasantly surprised when they’re not. Which, ironically, is something to be optimistic about.” 17. “Happiness, as it’s said, is just results minus expectations.”

[@samyakchhajed]

Did you write all that?😳

[@jaimishra8111]

Thanks ankur for this wondrful and rather unpredictable podcast. Learned a lot today. He is one of my favourite authors on finance.

[@harikrrishnanb]

Thank You very much Ankur for this episode...

[@makeiteasybyrahulsir]

waiting for this, Thanks Mr. Ankur, always choose most needed talk.

[@ankitbansal6]

A big Thank you Ankur 😊

[@krozaine]

Wow! Such an amazing personality

[@shwetaa13]

This was really lovely and enjoyable conversation including financial lessons. I finished Psychology of money a few days back and I was inspired to read by your review of it. I am not a book reader but always wanted to develop this habit. Thanks to you and dear you that I started with Do Epic Shit in February and till date haven't stopped the reading. Though I read slow, only time I read is when I travel but I am enjoying it and it really is improving my vocabulary, absorbing the content and trying to retain is a bit difficult atm. Thank you so much Mr. WARIKOO I do enjoy your tweets, videos and content you create. It is helpful a lot of times.

[@grow_small_businesses]

Book reading is a must have habit

[@daneeshshaikh2490]

i finished psychology of money, currently reading do epic shit

[@pratik_pipaji]

Reading Psychology of Money and the notification of this video pops up!

[@anujpal6653]

Two legends in a single frame ❤️

[@Chets]

Who is the 2nd one?

[@anujpal6653]

Who is your 1st?

[@Chets]

@@anujpal6653 Of course the Author

[@Chets]

@@anujpal6653 Psychology of money ki baat ho rahi hai kon padtay do epic things

[@anujpal6653]

@@Chets I'm sorry, Sir But I respects Warikoo as much as Morgan.

[@abhinandankhilari9729]

So much wisdom in 30 minutes

[@kunalmichu]

Big achievement ankur bhai i loved his books thank you for providing this video

[@shibanimathur1147]

One of the best conversation I have heard! Wonderful :)

[@coffeewithkrupesh2113]

Love you Ankur for bringing up this interview. Thanks.

[@EarnwithRohitash-id4jr]

Appreciate your comment , whasap the number above for more tips and guidance on profitable investment. You can join our VIP offers.

[@mandarsalunkhe09]

that thought & story of his "home" is superb. Excellent questions....

[@therohitsahani]

I can't thankyou enough ❤️for this amazing podcast 🔥🙏. It should reach more people

[@manojkumarsharma8522]

Mr ankur when I saw first on youtube I think of you good then repeatedly and frequently I started to saw you and I think oh this man comes every time telling some thing bla bla But know I realise that you are a very wonderful person keep it up

[@MRORACLE11]

fabulous....I've never thought u'll make a vdo with Morgan housel....Thanx Ankur ....it was a superb session 😀😀

[@samirshaikh2901]

Reading this book for the 2nd time now after a gap & it still gives more & more insight everytime ❤️💯

[@user-bq3jy6gp1o]

FEEDBACK APPRECIATED♥️ kindly reach out on telegram at the username above for consultation and investment purposes.

[@sudarshanmysorejaykumar6000]

Awesome! Thoroughly enjoyed 👌

[@surindersingh6888]

Man it's incredible watching these people talk to each other

[@anujitganguly2029]

Now, this was a really nice conversation. Thanks Ankur, for brining this up.

[@EarnwithRohitash-id4jr]

Appreciate your comment , whasap the number above for more tips and guidance on profitable investment. You can join our VIP offers

[@AnimationVibes]

Unexpected ❤️❤️

[@GanpatiRam]

Thank you wariko sir

[@vijayalakshmivv8106]

Woww! Thanks Mr warikoo.

[@grow_small_businesses]

Ohh my god great, Morgan Housel is talking with you. I love his writing of Psychology of Money

[@EarnwithRohitash-id4jr]

Appreciate your comment , whasap the number above for more tips and guidance on profitable investment. You can join our VIP offers

[@nimitsonthalia3924]

A very informative and nicely described talk. Loved it!! One of the Best according to me.

[@rakeshparmar7165]

One of great interview on Finance 👍

[@vedaanshp8783]

Amazing questions asked!

[@japeshthakur640]

Thank you very much Mr Warikoo, for bringing us this fascinating video. I strongly believe that Mr Guy Spier and Mr Morgan Housel, are the two biggest names in the world, as far as investing and investment psychology are concerned.

[@grow_small_businesses]

You are right

[@bhabeshmahata2485]

Wonderful Wonderful author & Wonderful Wonderful book

[@bitrabhattacharjee220]

Really loved the conversation ❤️❤️❤️

[@rohitkumar98153]

This is what we want in this channel 💛

[@adityaiyer.]

ankur is such a professional. loved it

[@jitendraverma3875]

It's very nice to hear such Person thoughts.

[@shardulpathak185]

Thank you Ankur sir👌👌

[@adrashnd2264]

It's a fantastic podcast. A fun things - we can watch your part of video in 1.5x but not Morgan Housel's😅

[@jaimishra8111]

Yeah..intially I turned it to 1.75 and then it took me a minute to understand that I can't listen anything.Changed it to 1.25 and things went normal.😂😂

[@r.gomathinayakam7506]

Amazing conversation Akur! Truly inspiring indeed

[@sidhusuniverse3140]

Whoa!!! You brought in Morgan. That's amazing!!

[@koustavsuny]

Wow! Just finished Do Epic Shit and Psychology of Money a few days ago and this interview came out!

[@VishnuPadmanabhan]

Great conversation as always. Just ordered the book!

[@rajanig4421]

Great session 👍🏻

[@GopalVakil]

Brilliant as always

[@Ghanshyam1011]

Bring more authors sir Loved it

[@thebhaskarjoshi]

I can't thankyou enough for this..

[@rupindersayal]

Great conversation, Thanks for sharing!

[@vbalaji682]

Hi Ankur, Great video. But this seemed more like an aspiring writer interviewing a successful writer. Would have loved more questions on finance, economy and things like that. Sorry if I sounded rude. Big fan of your work.

[@biswal_dolly5727]

The Collab we didn't know we needed.

[@Shannyyyyyyy]

Such a great conversation ❤️ Thank you Ankur for binging in such a vast variety of guests on your podcasts. Appreciate it so much 🙏🏻 🦋

[@santoshkumar28021983]

Outstanding season sir

[@justmrkhan]

I'm amazed, thanks for this great video ahead 🙌

[@anhadka2051]

Ankur, Podcast should be about an hour.

[@joyvictor5024]

Hey Ankur sir, Please make a video about how to pitch your ideas to investors.

[@amitpaul7940]

More than money lessons, his early life is a parenting lesson. He is here because he had good parents.

[@geetarthapr.hazarika7970]

Great episode