Introduction
About the book
The psychology of money is one of the best selling books on personal finance. In this book, the author shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of your life's most important topics. It unravels the myth that doing well with money isn't necessarily about what you know. It's about how you behave. The book also teaches timeless lessons on wealth, greed, and happiness.
About the author
Morgan Housel is the partner of a venture capital firm called 'Collaborative Fund' and a former columnist at The Motley Fool and The Wall Street Journal. He is also a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers. He speaks about behavioural finance. Through his book The psychology of money, he has changed the reader's mindset and behaviour about money.
Buy the Book
The book uncovers your relationship with money. We highly recommend you to read the entire book. (affiliate link)
Michael George Knight
This book summary has been contributed by Michael George Knight, who is the founder of Bestbookbits.com Bestbookbits is the world's largest free book summary website in video, written and audio format educating people around the world with the best book bits in the shortest amount of time. They are a nonprofit organization with the mission to create an educated world. You can read many other book summaries on various genres by clicking on the following link: Bestbookbits.com