In the last ten years, I’ve read a lot of personal finance content. Whether it’s in books, magazine articles, or just chatting with friends, I’ve come into contact with a lot of good, and bad, personal finance advice. One thing stands out, the vast majority of the advice focuses on tactics. It focuses it on what you should be doing, rather than how you should be thinking. The strategy seems to be “fake it until you make it,” that is, do the right things until they become habit.
Farnoosh Torabi takes a slightly different approach, as you can guess based on the title, and advocates changing your mindset first and letting these behavioral changes direct you in the right direction. The book helps you develop those good habits by starting with your mindset, rather than starting with the habits and hoping they change your mindset.
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