Summary of The Psychology of Money

The Psychology of Money is a comprehensive look at how we think about money, our deeply held beliefs and values about money, and how these beliefs and values shape our behaviors and decisions around money. Written by author and financial planner Morgan Housel, the book combines insights from history, psychology, philosophy, and personal finance. It examines the perils of wealth and power, the nature of greed and fear, the often irrational paths to financial success, and the impact of money on our relationships, our health, and our happiness. The book offers a unique perspective on how our attitudes and behaviors around money can be shaped to create a healthier and more rewarding life.