December 9, 2021

The Book That Changed My Financial Life

Ali Abdaal
In this episode of BOOK CLUB, we're talking about 14 money rules I follow to build and keep wealth which I learned from reading Morgan Housel's book 'The Psychology of Money'. These lessons have helped to change my outlook and attitudes to money and are super useful to learn early on in your journey to financial independence! - Sign Up To Curiosity Stream To Get the FULL version of this video with all 14 lessons on Nebula: - Buy The Psychology of Money: - BOOK CLUB Playlist: Timestamps: 00:00 Intro 00:26 Lesson 1 - Everyone has different attitudes towards money 01:18 Lesson 2 - Don’t underestimate the importance of luck 01:51 Lesson 3 - Learn to say “this is enough” 04:11 Lesson 4 - Appreciate the magic of compounding 05:30 Lesson 5 - Save as much as you can 06:59 Lesson 6 - Focus on not screwing up 08:13 Lesson 7 - Use money to buy freedom 09:10 Lesson 8 - Getting wealthy is different to staying wealthy 10:18 Lesson 9 - Don’t be a flashy twat 11:17 Lesson 10 - Leave room for error 12:35 Lesson 11 - Avoid extreme financial commitments for your future self 13:45 Lesson 12 - Be reasonable rather than rational MY FREE ONLINE COURSES: 🚀 Productivity Masterclass - Principles and Tools to Boost Your Productivity - 🎬 Video Editing with Final Cut Pro X - From Beginner to YouTuber - 🎓 How to Study for Exams - An Evidence-Based Masterclass - PART-TIME YOUTUBER ACADEMY: 🍿 My 6-week live online course - MY FAVOURITE GEAR: 🎥 My YouTube Camera Gear - ⌨️ My Keyboard - Wireless Coral mechanical keyboard (Cherry Blue) - 📝 My favourite iPad Screen Protector - Paperlike - 🎒 My Desk Accessories + Todo List - Ugmonk - MY FAVOURITE SOFTWARE: ✍️ The best summaries of books (Shortform) - 📚 How I remember what I read (Readwise) - 🎵 Where I get my Music (amazing for YouTubers) - 🎙 My weekly podcast - My brother and I host a weekly podcast where we discuss happiness, creativity and the human condition. You can find it by searching “Not Overthinking” on any podcast app (eg: Spotify, Apple Podcasts, Google Podcasts etc). BE MY FRIEND: 💌 Sign up to my weekly email newsletter - 🌍 My website / blog - 📸 Instagram - 🐦 Twitter - 🎮 Twitch - WHO AM I: I’m Ali, a YouTuber, podcaster, soon-to-be author and ex-Doctor working in London, UK. I make videos that explore the strategies and tools that help us live happier, healthier and more productive lives. I also have a weekly podcast called Deep Dive (, and I write a weekly email newsletter that contains some quick thoughts + links to interesting things ( GET IN TOUCH: If you’d like to talk, I’d love to hear from you. Tweeting @AliAbdaal directly will be the quickest way to get a response, but if your question is very long, feel free to email me at I try my best to reply to things but there sadly aren't enough hours in the day to respond to everyone 😭 PS: Some of the links in this description are affiliate links that I get a kickback from 😜
a person holding up a book in front of a room full of plants and trees and bookshelves as if reading on the internet
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