Welcome back to part two of an important conversation with Morgan Housel that could impact your future wealth! After a deep dive into the principles of wealth creation in part one, we're ready to tackle the remaining hurdles on your journey to financial independence. In this episode, we'll unmask the societal expectations and envy that often cloud our financial decisions, and delve into strategies to overcome these formidable obstacles. Morgan, with his insightful perspectives, will guide us through understanding the importance of aligning our financial decisions with our individual desires, abilities, and risk tolerance. The journey to financial autonomy doesn't have to be complicated. Tune in to part two of this series to continue unlocking the secrets to financial freedom! Check out Morgan’s latest book, Same As Ever, A Guide to What Never Changes: https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 Morgan Housel Quotes: “If your expectations grow with your prosperity, you’ll never be happy.” “Bad financial behavior has always existed, and I think it will always exist because of the natural human emotions of envy and wanting to one up your neighbor and rising expectations. “They wake up every morning and they're terrified. They have this big goal that they need to meet. They have this audacious thing they're trying to accomplish and they're not there yet, [...] every day they wake up, tortured.” Follow Morgan Housel Website: https://www.morganhousel.com/ Twitter: https://twitter.com/morganhousel Instagram:https://www.instagram.com/morganhousel/ Podcast: https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669 Follow Tom Bilyeu: Website: https://impacttheoryuniversity.com/ Twitter: https://twitter.com/TomBilyeu Instagram: https://www.instagram.com/tombilyeu/ SPONSORS: Get $150 OFF your incredible Cold Plunge tub when you use code IMPACT at https://bit.ly/PlungeImpact Sign up today at https://bit.ly/ButcherBoxImpact and use code IMPACT to get a FREE TURKEY ​plus $20 off your first order.​ This episode is sponsored by BetterHelp. Give online therapy a try at https://bit.ly/BetterhelpImpact and get on your way to being your best self. Learn a new language and get 55% off at https://bit.ly/BabbelImpact. Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices