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Enjoyed Reading “The Psychology of Money?” Try These 4 Books!
More than a million people have bought The Psychology of Money, by Morgan Housel, more than a million people have read the original article that started it all, and even I’ve written a 10,000-word breakdown of the book…because it’s simply a phenomenal book!
If you’re familiar with the book, you can skip ahead to the 4 additional books I recommend, but in The Psychology of Money, Housel says:
Doing well with money has a little to do with how smart you are and a lot to do with how you behave.
Exploring exactly how this plays out in real life is Morgan Housel’s aim here, and in his book, he covers 20 of the most important logical flaws, biases, and causes of bad behavior that do the most to make the world of money such a circus.
One of his greatest observations is that knowing what to do tells you nothing about what happens in your head when you actually try to do it, and he also explains why people make decisions with money that may seem crazy to us but actually make perfect sense to them. No one is crazy, says Housel, it’s just that we’ve each learned different lessons about money depending on our worldview, how we were brought up, and the individual experiences we’ve had.