“The Psychology of Money” by Morgan Housel Review
A short book that succinctly details aspects of building a healthy relationship with money.
I consider “The Psychology of Money” to be one of the best money books to be published since “Rich Dad, Poor Dad”. “The Psychology of Money” specifies the determinant of behavior as being far more conducive toward success than strict math.
This book doesn’t contain formulae, nor does it give advice on the best stocks or whether crypto is worth it or not. Rather, this book identifies how people often approach the topic of money psychologically, and why our subconscious may either enable or prevent success. The book isn’t necessarily a listicle, but each chapter is a different ‘point’.
These chapters explore ideas, such as why no one’s attitude toward money is crazy, why people are easily seduced by bad deals, and how wealth is truly less tangible than we assume. There are twenty total chapters, and each is distinct. No information is redundant, and the author was digilent to make judicious use of facts, figures, and narratives to present information.
Including citations, this book totals 236 pages. Hardly a laborious affair to read. You could pick this book up and finish it over the weekend.
