The Psychology of Money: Timeless lessons on wealth, greed, and happiness
BookHigh SchoolInvestment Analyst

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

Housel, Morgan

Why we picked it

This bestselling classic argues that managing money well is more about behavior than knowledge, exploring the psychological patterns behind brilliant and terrible financial decisions through nineteen compelling stories.

Our review

Doing well with money is not primarily about what you know. It is about how you behave. In this bestselling classic, Morgan Housel shows how fear, greed, ego, and optimism shape financial decisions in ways that formulas alone cannot predict or prevent. Through nineteen short stories about wealth and happiness, he reveals the behavioral patterns behind smart and foolish money choices. The most important finance book most high-schoolers have never encountered.

About this book

From the product listing

OVER 10 MILLION COPIES SOLD AROUND THE WORLD The Psychology of Money is the original bestselling classic from the author of the new book, The Art of Spending Money.Doing well with money isnt necessarily about what you know. Its about how you behave. And behavior is hard to teach, even to really smart people.Moneyinvesting, personal finance, and business decisionsis typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people dont 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 different ways people think about money and teaches you how to make better sense of one of lifes most important topics.

Resource details

Resource type
Book
Age ranges
High School
Good for kids who are
Conventional, Enterprising
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