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The Psychology of Money by Morgan Housel explores how emotions, biases, and personal experiences shape financial decisions. The key lessons include:

Wealth is behavior-driven—financial success depends more on habits than intelligence.
Luck vs. risk—outcomes aren’t always in our control, so humility is key.
Compounding matters—small, consistent gains over time lead to wealth.
Savings > Spending—true wealth is what you don’t see (money not spent).
Know what’s ‘enough’—greed leads to unnecessary risks and losses.
Time freedom = real wealth—money should buy independence, not just material things.
Prepare for uncertainty—a financial cushion protects against life’s unpredictability.
Ultimately, the book teaches that managing money wisely is about mindset, patience, and emotional control rather than complex financial strategies.

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Hidden down a cobblestone lane, Past Pages is a haven of mismatched shelves, crackling fires, and the scent of old books. 

At Past Pages, every book has a history, and every visitor finds a story meant just for them.

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Past Pages