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The Psychology of Money

Timeless Lessons on Wealth, Greed, and Happiness

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The Psychology of Money

By: Morgan Housel
Narrated by: Chris Hill
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About this listen

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

©2020 Harriman House (P)2020 Harriman House
Investing & Trading Personal Finance Money Money Management Investing Inspiring Capitalism Business Stock Behavioural Finance Stock Market Psychology Financial Psychology
All stars
Most relevant  
A succinct explanation of the financial and investing world that I can relate to. Thank you. I am going to make my kids listen to this hopefully to learn what I wish I knew in my youth.

Best finance book I have ever read

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This book feels to me like a breath of fresh air as the author spent a fair amount of ink on the art of being happy in life, which is an often neglected topic in many “money books”.
After listening to this book, i feel lighthearted, and i am feeling more confident to focus on my own need and lifestyle because if money cannot help me to feel enough in life, why should i pursuit this financial power to begin with?
I’d say this is a very spiritual self help book instead of a guide to riches. It helps me to feel valid and grounded as a person in a world where how much you make marks how much you achieve.
A very good listening experience over all.

A non-greedy take on money

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Well read and food for thought.
Very easy listening with good cadence and tone
A must.

enlightening

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A Must-Read for Every Young Person and Should be part of the High School Curriculum.
Common sense, Well written and insightful
I wish I had listened to The Psychology of Money, 40 years ago.....................................
It actually reflects my father's philosophies. and he did well in life.......

Listen to "The Psychology of Money" and "Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine" By Mike Michalowicz and you will change your financial life.
I did a couple of years ago and it has made my family and companies COVID 19 proof. I kept all staff on full wages.
and business is already back to normal with funds available to take advantage of the opportunities.
Young or older, worth the listen
Highly Recommended.

Should Be A Must Read for Every Young Person

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Great read and I highly recommend it. One thing I found strange was that there was no mention of cryptocurrency and future of money.

Good read. But no mention of crypto?

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One of the best books I’ve ever listened to. The arguments are common sensical and perhaps a little trite. However the judgements and context are challenging and novel. I couldn’t stop listening to this fantastic book.

Fantastic

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Get your kids to read this book it will change their lives and start them on the path to creating generational wealth.

Thank you Morgan.....great book.

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The audiobook is a great listen. The boom adheres to the topic is is discussing while providing some good insights on the subject

Great listen

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This book made me think more about my relationship with money, how I position myself based on the stories Morgan shares. I was particularly interested when he looked at Warren Buffet's success and the statistics of generalised stock market approaches. I really appreciated that later he was also open about his financial wealth and how he broke up his savings and investments. I think anyone listening whether new to finance or well experienced can gain some insights by listening or reading this book.

really interesting stories around money!

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Great book that explained things I had been wondering about for years! Worthy to read!

Everything is about our behaviour!

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