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Book Review / The Psychology of Money: A Book That

Book Review / The Psychology of Money: A Book That Changes the Way You Think About Wealth (Video)

07/31/2025

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Why do financial experts unanimously recommend reading Morgan Housel’s “The Psychology of Money”? The answer is simple: it’s one of those rare books that transforms complex financial concepts into engaging stories, while offering clear, practical tools to help you make smarter financial decisions.

“One of the most original and insightful financial books in recent years.”

Jason Zweig, columnist, The Wall Street Journal


“Full of fascinating insights and practical wisdom. A must-read for anyone who wants to make better financial choices.”
James Clear, author of Atomic Habits


“Morgan Housel is one of the brightest voices of a new generation of financial thinkers. I highly recommend his work.”
James P. O’Shaughnessy, author and investor

 


“Few people write about finance with the clarity and elegance of Morgan Housel.”
Daniel H. Pink, author of Drive and When


“Housel takes big financial ideas and distills them into fast-paced, relatable stories. The Psychology of Money will teach you why we make poor financial decisions and how to make better ones.”
Annie Duke, author of Thinking in Bets


“His insights pack a punch - often saying what no one else has, and making perfect sense as he does.”
Howard Marks, co-founder of Oaktree Capital and author of The Most Important Thing


“Morgan made the concepts of investing and financial literacy accessible to me through vivid storytelling and real-life examples.”
Teri Hofford, author and educator


“The Psychology of Money” is more than just a book on finance. It’s a guide to understanding the way we think about money, behavior, and success. Whether you're new to personal finance or a seasoned investor, this book will change how you see your financial future.

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The Psychology of Money
The Psychology of Money

Morgan Housel

6800 ֏

Description

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 different ways people think about money and teaches you how to make better sense of one of life’s most important topics.