The Psychology of Money by Morgan Housel

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The Psychology of Money

by Morgan Housel

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⭐ 4.3 on Goodreads ⭐

Timeless lessons on wealth, greed and happiness.
Over 8 million copies sold!

More about the book

The Psychology of Money by Morgan Housel

“The Psychology of Money”, written by Morgan Housel, is a bestselling personal finance book that explores how emotions, habits, and behavior shape our financial decisions. Rather than focusing on complex investment strategies, Housel examines the psychology behind money, revealing why people often make irrational financial choices.

Through engaging stories and practical lessons, the book covers topics such as wealth building, saving, investing, risk, and financial independence. Housel demonstrates that managing money is not just about what you know, but how you behave, emphasizing the importance of patience, consistency, and a long-term mindset.

Accessible and thought-provoking, “The Psychology of Money” offers valuable insights for readers at any stage of their financial journey. Its focus on decision-making, financial habits, and the human side of wealth has made it one of the most recommended books on personal finance and investing in recent years.

“There is no reason to risk what you have and need for what you don’t have and don’t need.”

Where to buy the book:

Example edition details:

  • Title: The Psychology of Money : Timeless lessons on wealth, greed, and happiness
  • Author: Morgan Housel
  • Edition published date: Sept. 8 2020
  • Format: Paperback
  • ISBN 10: 0857197681
  • ISBN: 978-0857197689
  • ASIN:
  • Pages: 256
  • Language: English
  • Series: n/a

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Rave or Rant?

Here are some reviews about the book:

"The Psychology of Money is bursting with interesting ideas and practical takeaways. Quite simply, it is essential reading for anyone interested in being better with money. Everyone should own a copy." -- James Clear, Author, million-copy bestseller, Atomic Habits

"Few people write about finance with the graceful clarity of Morgan Housel. The Psychology of Money is an essential read for anyone who wants to make wiser decisions or live a richer life." -- Daniel H. Pink, #1 New York Times Bestselling Author of When, To Sell Is Human, and Drive

Locations found by readers

Locations mentioned in the book: Los Angeles, California, United States

“I spent my college years working as a valet at a nice hotel in Los Angeles.

One frequent guest was a technology executive. He was a genius, having designed and patented a key component in Wi-Fi routers in his 20s.”

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About the author

Morgan Housel is a bestselling author, investor, and partner at The Collaborative Fund. Widely respected for his insights on money, investing, and human behavior, he has received numerous honors, including two Best in Business Awards from the Society of American Business Editors and Writers and the New York Times Sidney Award. Housel is best known for making complex financial concepts accessible to everyday readers through his writing and bestselling books.

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