The Psychology of Money - Morgan Housel

The Psychology of Money

By Morgan Housel

  • Release Date: 2020-09-08
  • Genre: Personal Finance
Score: 4.5
From 1,586 Ratings


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.


  • Alright

    By 2/2021
    It was ok read.
  • Great Book, Mind Opener.

    By hdgahahajabshavja
    Great book so many gems were dropped. My two favorite ones were “Everyone’s life is a continuous chain of surprises” and “Save. Just Save. You don’t need a specific reason to save. Eventually we all experience an huge expense that we didn’t plan for simply because we never expected it.” Another great takeaway was that you don’t need a job that pays more you need a plan that saves more.
  • One of my favorites!

    By minas3
    Easy to understand plus a great lesson on behavioral finance.
  • Amazing

    By Shawn Samuel
    Greattt read. Woww I’ve learned so much
  • Insightful

    By usjsjdbd
    Great read lots of useful tips and information.
  • Reread several times to cement concepts

    By Don Quilates
    Great book worth the money IMO.
  • Eye opening

    By Lieutenant J
    Every investor should read this book.
  • Essential Money Book

    By Kyle U.
    I would highly suggest this book as one of many for anyone looking to get starting in their personal finance journey. There’s so much out there about money, and so much to steer you wrong, this book will set you on a path forward.
  • Great book

    By Evil_Inc
    It’s an easy read, very basic, good investment strategies.
  • Good read

    By Ams1126
    Practical. Simple. Easy read.