|Ep.53| IBC and The Psychology of Money - No One is Crazy

Episode 53: The Psychology of Money - No One is Crazy Welcome back to The IBC Guys Podcast!   Welcome back to the IBC Guys!  In this episode, Dave begins exploring how people think about money through the lens of The Psychology of Money by Morgan Housel.  Housel comes out of the gate stating “No One is Crazy.”  How people think about money are shaped by their life experiences and money decisions are often made emotionally rather than rationally should be kept at the forefront when discussing money.  Dave works to explore this thinking and how it relates to the discussion of IBC. Also in this episode, Dave is too mean to financial advisors, asks for your help in emailing Mike, and he loves Yard Goats! Key takeaway: “You know stuff about money that I don’t, and vice versa.  You go through life with different beliefs, goals, and forecasts, than I do.  That’s not because one of us is smarter than the other, or has better information.  It’s because we have different lives shaped by different and equally persuasive experiences.”   Resources Mentioned: [Link HERE] Morgan Housel’s The Psychology of Money 📩 Email: [email protected] | [email protected] 📞 Call: 507-205-2284 📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min   📱 Follow us on social media:  Dave’s Facebook: https://www.facebook.com/dave.parmerlee Dave’s Instagram: https://www.instagram.com/dave_ibcguys/ Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/   Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545 Mike’s Instagram: https://www.instagram.com/mike_ibcguys/ Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/   🔔 Don’t forget to subscribe and leave us a review—it helps us reach more people looking for financial freedom through IBC! #InfiniteBanking #WealthBuilding #IBCGuys #FinancialFreedom