The Psychology of Money

The Psychology of Money Review

Timeless lessons on wealth, greed, and happiness 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. How to manage money, invest it, and make business decisions are typically considered to involve a lot of mathematical calculations, where data and formulae 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 unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In the psychology of money, the author 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 matters.

Title:The Psychology of Money
Edition Language:English

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    The Psychology of Money Reviews

  • Riku Sayuj

    Pithy book. Here's some for you: 1. People act from their experiences. Don't judge from yours. 2. Luck & Risk is all around you. They don't fit the stories you want to tell. 3. If you can...

  • Jacob

    This was a short but enjoyable read. The main point is that we are complicated creatures who have complicated relationships with money. It’s ok and expected to not base every decision off of cold Ex...

  • Sanford Chee

    The blog post that turned into a bookhttp://www.collaborativefund.com/blog...Teh Hooi Ling’s reviewhttps://www.businesstimes.com.sg/weal...CFA webinarhttps://annual.cfainstitute.org/speak...https://...

  • Sumirti Singaravel

    2020 is one of those years where I took my personal finance management seriously not only because I turned 30 but I also became very aware of all the financial options available for investment and the...

  • Harsha Varma

    Such a short book with so much wisdom and generally good advice. Highly recommended. On a side note, this book also made me realise that Hans Rosling’s Factfulness has such great advice on investing...

  • ??

    Something to be read every year....

  • Arunothia Marappan

    An excellent book that covers how to think about one's money and wealth. Titles of the 20 pointers the author enlists in this book - (1) No one's crazy : Your personal experiences with money make up m...

  • Milan

    When your favorite financial writer comes out with a book, its okay to drop everything to read it. I've been a fan of Morgan Housel's writing for many years. The idea for the book 'The Psychology of M...

  • Manoj Arora

    I, hereby, list down 43 fabulous financial lessons from this awesome book.1/ Ordinary folks with no financial education can be wealthy if they have a handful of behavioral skills that have nothing to ...

  • Ravi Gangwani

    29 April 2021: Last weekend I thought to do something creative in lockdown. I connected online with some kids in locality and we brainstormed on every chapter of this book ... In 2 days we made a basi...