The Psychology of Money

The Psychology of Money

by Morgan Housel

Doing well with money has less to do with intelligence—and far more to do with behavior.

In The Psychology of Money, Morgan Housel explores how emotions, personal experiences, and human biases shape the financial decisions we make every day. While money is often taught through formulas and spreadsheets, real-life choices about spending, saving, and investing are influenced by ego, fear, pride, incentives, and our unique view of the world.

Through 19 engaging short stories, Housel breaks down complex financial ideas into simple, relatable lessons that anyone can understand and apply. The result is a fresh perspective on money—one that emphasizes long-term thinking, patience, and emotional discipline over technical expertise.

Insightful, practical, and timeless, The Psychology of Money is an essential read for anyone seeking a healthier relationship with money and smarter financial decision-making.