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The Psychology of Money

Timeless lessons on wealth, greed, and happiness

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About this listen

The Sunday Times Number One Bestseller.

Over 10 million copies sold around the world.

The original book from Morgan Housel, the New York Times and Sunday Times bestselling author of Same As Ever and The Art of Spending Money.

As featured on the Dr Chatterjee podcast Feel Better, Live More and The Diary of a CEO podcast with Steven Bartlett.



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.

Investing & Trading Personal Finance Money Thought-Provoking Stock

What the critics say

It’s one of the best and most original finance books in years.
<i>The Psychology of Money</i> is bursting with interesting ideas and practical takeaways. Quite simply, it is essential reading for anyone interested in being better with money. Everyone should own a copy.
Morgan Housel is that rare writer who can translate complex concepts into gripping, easy-to-digest narrative. <i>The Psychology of Money</i> is a fast-paced, engaging read that will leave you with both the knowledge to understand why we make bad financial decisions and the tools to make better ones.
Housel's observations often hit the daily double: they say things that haven't been said before, and they make sense.
Morgan Housel is one of the brightest new lights among financial writers. He is accessible to everyone wanting to learn more about the psychology of money. I highly recommend this book.
Few people write about finance with the graceful clarity of Morgan Housel. <i>The Psychology of Money</i> is an essential read for anyone who wants to make wiser decisions or live a richer life.
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A practical and logical view of how emotions influence investment decisions and how to take advantage of Market Cycles.

Practical, logical and insightful

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Fun to read/listen to, but nothing mind blowing. If you have read those popular personal finance titles, you will find this book as a review.

Nothing mind blowing

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I finished this book which is saying something considering i have 100 books in my library and maybe 20 of them are complete

It was good

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I've heard mixed things about this book but I liked it. I'm not into investing but I felt like I learned some interesting things.

Good book

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Paradigm changing book. One of these books I will read over and over again for years to come.

Amazing book on money. Will change your paradigm

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