PRAVEEN KUMAR P

Book Review: The Psychology of Money

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel explores the complexities of financial decision-making by emphasizing that it is less about knowledge and more about behavior. Using stories, psychology, and history, Housel presents an insightful examination of how people think about money and the often-irrational nature of financial decisions. He distills key lessons that can be applied across generations and circumstances to achieve financial success. In this summary, we will cover an introduction followed by a chapter-by-chapter breakdown of the book's key ideas.