The Psychology of Money – Morgan Housel
£12.29
I listened to the audio version of this book. It had some good sections and made me think about my own attitude and beliefs about money. It also made me realise that not everyone thinks in the same way that I do. There were some elements of the book that focused on investments, stocks, shares etc which went a bit over my head, but on the whole, I enjoyed the read.
Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behaviour 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.
