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The Psychology of Money

The Psychology of Money

by Morgan Housel

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Save Money, Build Wealth

  • It's simple, but easy to overlook is that building wealth has little to do with your income or investment returns and lots to do with your savings wealth.
  • If two persons at same level and one of them is good investor and. Other one is...

Everything Has Its Price Tag

Why do so many people who are willing to pay the price of cars, houses, food and vacations try so hard to avoid paying price of good investment?

The answer is simple: the price of investing success is not immediately obvious.Its not a price tag you can see, so when bill comes due it feel ...

Highest Dividend Money Pays

The highest form of wealth is ability to wake up every morning and say "I can do whatever I want today".

The ability to do what you want, when you want, with who you want, for as long as you want, is priceless. This can only be possible if you have money If you don't have may take a leave...

Market Is Full Of Surprise

Generally people make some estimation of markets by seeing the history. But there is always possibility of happening something new that is not expected at all and may be much more dangerous than that is estimated from history.

We can see the example of covid pandemic no one ever estimated ...

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In the Psychology of Money, Morgan Housel teaches you how to have a better relationship with money and to make smarter financial decisions. Instead of pretending that humans are ROI-optimizing machines, he shows you how your psychology can work for and against you.

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