Psychology of money

Most important strategy you should work upon before starting with your investment journey is developing psychology of money

You should first develop the understanding about money like what does money mean to you the right way to see money is that it gives you freedom of making the choice of what you actually want rather than what you have to do

Money can also do wonders for people and can also destroy their life like the people who are from finance background may have a lot of knowledge around money but this does not mean that they will do well with the money because it is not what you know about money its like what have been your experience with money like what has been engraved into you about money by your family or values like as basic as your spending habits

If you are not careful with money you will have a very hard time creating wealth for yourself

Like to read more about money and develop a psychology around it you can read
Psychology of money (book)

2 Comments
 
 

Dolorem praesentium et accusantium debitis quia architecto consequuntur. Qui eligendi magnam et. Quo totam velit molestias nemo laborum vitae hic necessitatibus.

Nihil omnis eos temporibus voluptatum sint necessitatibus quis. Est et officia vel illo dolores nihil. Deserunt distinctio earum veritatis voluptatem adipisci.

https://www.youtube.com/watch?v=cBDs2FtiPkw

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”