This is not the kind of book you read to find ways to get rich quick. Instead, it’s a thorough education on how your behaviour will influence your investing strategy and determine how successful you will be with your finances.
The Psychology of Money by Morgan Housel is a collection of tips that teaches the reader how to manage and think about money.
There is no practical investing advice in the book. Housel does not tell you to buy gold or invest in crypto. Instead, he lays out a series of principles that the reader can use to guide themselves towards their financial goals – whatever those goals may be.
Housel is an experienced investor and business writer. He is able to cut through a lot of noise in The Psychology of Money to provide simple, applicable pieces of advice.
The Psychology of Money is a very interesting read for anyone looking to get their finances in order and start using their money intelligently.