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The Psychology of Money

Timeless lessons on wealth, greed, and happiness

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The Psychology of Money

By: Morgan Housel
Narrated by: Chris Hill
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The Sunday Times Number One Bestseller.

Over 10 million copies sold around the world.

The original book from Morgan Housel, the New York Times and Sunday Times bestselling author of Same As Ever and The Art of Spending Money.

As featured on the Dr Chatterjee podcast Feel Better, Live More and The Diary of a CEO podcast with Steven Bartlett.



Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people.

Money – investing, personal finance, and business decisions – is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't 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 strange ways people think about money and teaches you how to make better sense of one of life's most important topics.

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Critic reviews

It’s one of the best and most original finance books in years.
<i>The Psychology of Money</i> is bursting with interesting ideas and practical takeaways. Quite simply, it is essential reading for anyone interested in being better with money. Everyone should own a copy.
Morgan Housel is that rare writer who can translate complex concepts into gripping, easy-to-digest narrative. <i>The Psychology of Money</i> is a fast-paced, engaging read that will leave you with both the knowledge to understand why we make bad financial decisions and the tools to make better ones.
Housel's observations often hit the daily double: they say things that haven't been said before, and they make sense.
Morgan Housel is one of the brightest new lights among financial writers. He is accessible to everyone wanting to learn more about the psychology of money. I highly recommend this book.
Few people write about finance with the graceful clarity of Morgan Housel. <i>The Psychology of Money</i> is an essential read for anyone who wants to make wiser decisions or live a richer life.
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Easy to engage with and some elements that can be applied to you own behaviours. Yes it’s got a US reader bias but it’s simple enough to look past this. The narrator was engaging and as it’s not too long you can get through it without getting lost in longer and more weighty academic works. A good introduction to the topic.

Not an academic treatise

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A great down-to-earth book that explores dispassionately why are economy is where it is today. Though very US centric, there are still many parallels with the UK economy in this book. The narration is also beautifully read.

Great insight into how we all think and behave around money.

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A great book for anyone new to the topic of investing. it's message is simple but beautifully told.

great introducton

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This book along with: the richest man in Babylon and rich dad poor dad is all one needs to read to have a strong grasp of the topic “money”

Comprehensive education on financial literacy

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The book is OK, however there's some irrelevant stories added to it, besides that most of the material is helpful and insightful.

ok book

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