The Psychology of Money: Timeless lessons on wealth, greed, and happiness

By Morgan Housel

The Sunday Times Number One Bestseller. Over 10 million copies sold around the world. The original book from Morgan Housel, the New York Times and Sunday Times bestselling author of Same As Ever and The Art of Spending Money. As featured on the Dr Chatterjee podcast Feel Better, Live More and The Diary of a CEO podcast with Steven Bartlett. Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people. Money – investing, personal finance, and business decisions – is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.

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Published Sep 8, 2020

256 pages

Average rating: 7.91

260 RATINGS

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Readers say *The Psychology of Money* effectively combines relatable stories with insights on money mindset and behavior, emphasizing how emotions and...

Eric Vega
Eric Vega
7/10 stars
Morgan Housel hits the nail on the head with how emotion and patience drive financial outcomes far more than pure intellect. The chapters on risk management and understanding when "enough is enough" are essential reading. It really changed how I view discipline, whether it is long-term investing or managing a strict budget while taking a break on [lucky star online casino](https://luckystars-india.com). A grounded, practical read that everyone should pick up at least once.
B
Ben Jones
8/10 stars
Leí *The Psychology of Money* y me pareció una lectura muy interesante porque explica de forma sencilla cómo nuestras decisiones financieras dependen más del comportamiento que del conocimiento técnico. Los ejemplos son fáciles de entender y dejan enseñanzas que pueden aplicarse en la vida diaria. Después de terminar el libro, también me tomé un descanso para explorar slottica casino online y Tragamonedas, ya que me llamó la atención cómo el entretenimiento y la gestión responsable del dinero pueden ir de la mano cuando se mantienen buenos hábitos financieros. Recomiendo este libro a cualquiera que quiera mejorar su relación con el dinero.
JoydeVieTally
JoydeVieTally
8/10 stars
This book weaves the stories we tell ourselves and those around us about money, how we use it, how we spend it and whether we are worthy of it. Most money books tend to be dry reads but this one blended real stories, money mindset, money wisdom and psychology together. My friend and I read one chapter per week and I think that's an excellent way to read this book.
Eric Kori
Eric Kori
9/10 stars
I recently came across The Psychology of Money. It has a few interesting ideas about how people make financial decisions and how emotions often influence the way we manage or spend money. At the same time, it’s interesting to see how many financial and entertainment activities have moved online. Platforms today focus a lot on convenience, fast access, and simple interfaces. For example, I recently looked at https://1winbet.ind.in , which gives a good overview of the 1win platform, how the login process works, and what features are available for users. The site explains things quite clearly and is easy to navigate, especially for people who are just exploring how these kinds of platforms operate. It’s interesting to see how digital platforms keep evolving, combining entertainment with technology and user-friendly design.
the_g.m_chibanda
the_g.m_chibanda
9/10 stars
Morgan has just opened my eyes on this. At least now I know that it's more of the behaviour patterns other than how much one earns or spends.

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