This week I read ‘The Psychology of Money’ by Morgan Housel! It’s a splendid and inspiring book that really got me thinking!! The book has the subtitle ‘Timeless Lessons on Wealth, Greed, and Happiness’ and is, in its essence, a guide on how to make better decisions when it comes to life, money, and investing.
The book challenges the assumption that financial success depends solely on education, intelligence, and rational thinking and presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Throughout the book, Housel demonstrates how to make better financial decisions by comprehending how emotions and beliefs influence us.
As always, I can only recommend reading the book but should you find yourself short on time you can start by checking out our animated summary of the book by clicking the link below:
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