The Psychology of Money
- Book
- Sep 8, 2020
- #Money #DecisionMaking
Book

Recommended by

This year began with a booming economy, and is ending in recession. If you’re looking to navigate the unpredictable nature of the global economy as an individual who hopes to plan (and be secure) for the future, this book is great.

The Psychology of Money by @morganhousel I am not the first nor the last person to recommend this superb book. I wish this book existed when I was in my 20s & 30s, so I could have avoided making dozens of money mistakes. As a bonus, it also provides A+ lessons on clear thinking.

"The Psychology of Money" by Morgan Housel is the book I've re-read the most in recent years. Packed with insights on investing, mindset and our relationship with money. Very valuable with the current pace of markets. Here are 8 takeaways 🧵

where the analogy breaks down is that investing simply doesn’t lend itself to a “make your own mistakes and learn over time” attitude. “the psychology of money” is a great read on that topic

In this episode of BOOK CLUB, we're talking about 14 money rules I follow to build and keep wealth which I learned from reading Morgan Housel's book 'The Psychology of Money'. These lessons have helped to change my outlook and attitudes to money and are super useful to learn early on in your journey to financial independence!

I absolutely loved this book and have sent it to multiple friends and family. Cheers to @morganhousel.

Lots of great things in @morganhousel new book (The Psychology of Money), but this is my favorite: Happiness = Results - Expectations

Finally, before you graduate and enter "the real world," you should probably know...
Getting rich is easy.
Staying rich, and not behaving poorly with money, is the hard part.

Reading “The Psychology of Money” by @morganhousel, it’s excellent. Recommend it along with “Status Anxiety” by Alain de Botton for building a healthy mental framework around money, status, and happiness.

The best money book I've ever read: The Psychology of Money by Morgan Housel. Hidden inside this gem is a mini-degree in psychology, building wealth, and happiness. Here are 20 quotes that may change your life:


The book: "The Psychology of Money", @morganhousel . The lesson(s): Start saving and investing today. And then, just—wait!

Psychology of money. Talks about mental peace during investments. If you're going to sleep peacefully at night, then you've made good investments.


The Psychology of Money by @morganhousel, or as I call it: How to Gain the World Without Losing Your Soul.

The Psychology of Money - Morgan Housel killed it. Great read for ANYBODY, not just investing nerds :)


Psychology of Money - @morganhousel . So many great lessons in the book that can be applied to many more situations than just money, but also especially to money.
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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.
(From Amazon.com)