The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

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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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Customers find the book easy to read and well-thought-out. They say it’s insightful, informative, and a great framework for thinking about money. Readers also mention the book is entertaining, interesting, and hard to put down. They appreciate the shortness of the chapters. Opinions differ on the value for money, with some finding it good for the money-challenged and financial experts alike, while others say it doesn’t add any value.

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