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The Psychology of Money
- Author: Morgan Housel
- ISBN: 978-0857197689
- Publisher: Harriman House
- Publication Date: September 8, 2020
- Pages: 256
- Format: Hardcover, Paperback, eBook, Audiobook
- Dimensions: 6 x 9 inches (approximate)
"The Psychology of Money" by Morgan Housel explores the complex relationship people have with money and how emotions, behaviors, and psychological factors shape financial decisions. Housel presents 19 insightful stories that illustrate how personal history, culture, and social environment influence our attitudes toward wealth and investment. This book delves into essential concepts such as the importance of saving, the impact of time on wealth accumulation, and the significance of risk and reward. Housel emphasizes that financial success is not just about knowledge but also about understanding one's behavior and emotions regarding money. With its accessible prose and engaging anecdotes, this book serves as a practical guide for anyone looking to develop a healthier and more informed relationship with money.
Product Features:
- Engaging Stories: Contains 19 captivating stories that highlight the psychology behind financial decisions.
- Accessible Language: Written in a clear and relatable style, making complex concepts easy to understand.
- Behavioral Insights: Offers valuable insights into how human behavior impacts financial success and decision-making.
- Practical Guidance: Provides actionable advice on saving, investing, and managing money wisely.
- Timeless Wisdom: Focuses on principles that remain relevant regardless of market conditions or economic changes.
About The Author:
Morgan Housel is a partner at The Collaborative Fund. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He lives in Seattle with his wife and two kids.
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