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

When we talk about people’s skill with money, we mean not their knowledge, but their actions. And teaching people (even truly smart ones) to behave correctly with money is not easy.

Money—investments, personal finances, and business decisions—usually seems to belong to the realm of mathematics, where data and formulas clearly tell us what to do. But in the real world, people make financial decisions not based on charts and tables, but during lunch conversations or in conference rooms, where, in a strange way, personal history, your own unique worldview, ego, marketing, and the most incredible incentives are all mixed together.

In his book “The Psychology of Money,” Morgan Housel shares 19 small stories with you, reflecting people’s unusual views on money and containing lessons that help you better understand one of the most important life topics.

This book contains no complex mathematical calculations and graphs that are usually associated with finance. Instead, the author offers nineteen engaging stories that will help you understand money better and see how successful people make important financial decisions.

It’s for everyone who wants to understand one of the most important life topics and learn the skills of competent money management.