These past four months have been a game changer in terms of introducing me to the concept of money. All that it was to me previously was a means to buy fancy stuff and this definitions has drastically changed now when I earned my first pay check and made my first investment.

One thing that resonates with me from the book "Psychology of Money" is that one's perception of money is just 0.00001% of the bigger picture of money in the world but 80% of one's own experience with it. That's absolutely true and that is why not everyone's journey with money is the same and it is completely fine. It need not be.

While I bought my first stock and invested my hard earned money on it, I realised there is only so much you can learn about money from theories but practicality teaches you a lot. It taught me about:

  1. Timing
  2. Risk and Luck
  3. Greed & other emotions
  4. Patience
  5. Having targets

The last one is the most favourite one, having targets or goalposts for oneself. The world is a never ending expanse and you can do all the things under the sun but it is essential to set goals to be somewhere than being stuck at nowhere. Hence, I realised having goalposts or short term targets are important to beat the never ending cycle and the insatiable appetite for more that may lead to regret. The goalpost should not move with one's increased results but rather put to reset. There is no gratification and satisfaction without defining one's "enough".