the psychology of money

How to Think About Money: New Strategies for Financial Success

Book Summary

In “The Psychology of Money,” author Morgan Housel shares 19 short stories that reveal the strange ways people think about money. Rather than just being a math-based subject grounded in data and formulas, the book explores how emotions, behaviors, and personal experiences influence our financial decisions.

What You’ll Discover in the Book

You’ll learn to identify common financial behaviors that affect your success and how to improve your decisions by understanding the psychology behind money. It emphasizes that financial knowledge alone is not enough; wise behavior is key.

Why You Should Read This Book

If you want to enhance your financial situation or understand how others think about money, this book is essential. It provides valuable insights that can help you make better financial choices and improve your relationship with money.

About the Author

Morgan Housel is a partner at The Collaborative Fund and an award-winning writer recognized for his work in business and financial journalism. Known for his engaging and straightforward style, he lives in Seattle with his family.