The Psychology of Money
Timeless Lessons on Wealth, Greed, and Happiness
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The Psychology of Money
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Narrated by:
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Chris Hill
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By:
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Morgan Housel
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 HouseWhat listeners say about The Psychology of Money
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Lena
- 02-11-2020
Add to my list of favourite money books
This book is informative, entertaining and very much in line with how people really think about money.
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3 people found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Travis
- 24-07-2021
really enjoy this book
when I start listening to this book I just thought it was going to be another book on the importance of saving and what it would look like with compounding but it dives much deeper in to thoughts and reactions would and will be recommending to friends
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1 person found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Joshua
- 05-10-2021
Mandatory reading in these crazy times.
Age old lessons that everyone thinks they know but really don’t. An eye opening account of why society has become the way it has. And why if a radical change isn’t employed things may only get worse. Simply brilliant.
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1 person found this helpful
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Anonymous User
- 08-04-2021
Thought provoking
This book is outstanding. Often times books about money give you the “I can, so so can you” motivational pitch. This doesn’t. This recognises the complexity and irrationality in the world and provokes thoughts about your wealth that are truly useful in the long run, not just short term injections.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Kindle Customer
- 09-09-2021
greatly enjoyed
This has been very interesting and entertaining. Well narrated and with plenty of stories for perspective
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Jason
- 27-09-2021
great book
I have read quite a few books about about money and this by far trumps them all. Author talks about the things you don't very well written and narrated
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Overall5 out of 5 stars
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Performance4 out of 5 stars
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Story5 out of 5 stars
- len B
- 07-10-2020
Best investors overview ever.
If you don't understand the parameters of investing this is the book for you.
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Overall5 out of 5 stars
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Story5 out of 5 stars
- Anna Le Merle
- 01-01-2021
Helps you to understand one’s money behaviours
I thoroughly enjoyed this book. The storyline and the narrator were excellent. For a topic that may be dry to many people, this one was quite enjoyable and thought provoking.
I purchased this book as it was recommended in a subscription I used to be part of (Barefoot Blueprint which is no longer available). This book talks about why certain individuals will buy lotto even though it costs a lot and the success factor of winning is extremely slim. It also talks about how others who have made a lot of money (celebrity singers without naming anyone in particular), spend it all and then blame their business manager for sending them virtually bankrupt. The book highlights the fact that some individuals just don’t have an awareness of how to maximise their money or to save for a rainy day; they lack knowledge. What I most liked in this book is the fact that the author talks about choices being made which allow one to best sleep at night as well as give one some degree of freedom. I particularly liked the chapter on expensive cars and the historic references too. Overall, this book was a great read and I highly recommend it.
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Overall5 out of 5 stars
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- Anonymous User
- 21-02-2022
Great book, well delivered
Excellent and insightful. Must read for any trader or investor. Risk management is key and being happy where you are. Definitely will read again
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Overall5 out of 5 stars
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- Anonymous User
- 29-11-2021
Eye opening!
Incredible! Changed my view of so many things!
Easy to digest. One of my faves
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