Book review: The Psychology of Money by Morgan Housel

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It wasn’t a revolutionary book for me, and that’s fine because I didn’t expect it to be. Nevertheless, It served as a good reminder of critical psychological factors in dealing with money.

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The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Audible Audio Edition): Morgan Housel, Chris Hill, Harriman

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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.

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