The Psychology of Money Luck, Risk, and Knowing When Enough is Enough (Ep. 99)
Attention law firm owners: Are you constantly facing the pressure of making sound financial decisions as your practice grows? Ever wondered why even the smartest minds sometimes make poor financial choices? You’re not alone in grappling with these challenges. The latest episode of The Lawyer Millionaire Podcast is here to provide you with critical insights. Host Darren Wurz explores the complexities of financial decisions, risk assessment, and understanding when enough is enough, drawing from Morgan Housel’s influential book, “The Psychology of Money.” This episode could very well be the key to transforming your financial strategy and ensuring the longevity and success of your practice.
Darren discusses:
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Why smart people make dumb financial moves
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How your unique experiences shape your financial decisions.
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Why defining your financial ‘enough’ is crucial to avoid burnout and poor decisions?
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The interplay of luck and risk in achieving success.
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What Bill Gates & the 90s tech bubble teach us about money?
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The importance of looking for broader patterns of success rather than focusing on outliers
Resources:
- Schedule a Call with Darren
- Wurz Financial Services
- The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz
- LinkedIn: Darren P. Wurz
- Join The Lawyer Millionaire Founders Network and Book Club for Free
- Book – The Psychology of Money: Timeless lessons on wealth, greed and happiness
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