The Psychology of Money

Morgen Housel

Ratings: 4.6/5                    Pages: 252

The Psychology of Money provides valuable insights into our attitudes, behaviors, and emotions surrounding money, offering a fresh perspective on how we can make smarter financial decisions and cultivate a healthier relationship with our finances.

Reading Time: Approx 8-9 hours

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Saving is the gap between your ego and your income

           “The Psychology of Money by Morgan Housel is an insightful exploration of how people think about money and how these thoughts influence financial decision-making. Drawing from history, psychology, and personal stories, Housel discusses the emotional and psychological aspects of wealth, success, and happiness, revealing that financial success isn’t necessarily about intelligence, but rather about behavior. The book challenges traditional notions of wealth-building and emphasizes the importance of patience, humility, and understanding human nature when it comes to managing money”

Book Highlights:
  • A deep dive into the emotional and behavioral aspects of money.
  • Focuses on long-term thinking, patience, and financial decision-making.
  • Offers unique insights on how wealth is often shaped by personal behavior rather than knowledge or skill.