The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
By Harry CentAbout this book
Summary
Money isn't about math—it's about human behavior. Morgan Housel reveals why financial success depends more on how you behave than what you know. Through compelling stories and insights, this book explores how personal experiences shape our money decisions, why time is the most powerful force in wealth building, and how emotions like fear and greed drive financial choices. Housel shows that the key to financial success isn't complex strategies or market predictions, but understanding your own psychology. From Warren Buffett's secret to compound growth, to why we're naturally pessimistic about money, this book transforms how you think about wealth, happiness, and what truly matters in building a secure financial future.Book information
Rating
★★★★★ (5.0) (2)
Genre
Business and Economics, Education and Learning
Length
1 hr 9 mins
Publish date
Jan 11, 2026
Language
English
About the Author
Harry Cent
Table of Contents
1Introduction
7Chapter 6: Tail Events - When 1% Drives Everything
2Chapter 1: Financial DNA - We All Have Different Money Stories
8Chapter 7: True Wealth vs. Being Rich - What You Don't See
3Chapter 2: Compound Kings - The Extraordinary Power of Time
9Chapter 8: The Real Price of Success - Paying the Admission Fee
4Chapter 3: Pessimism and Money - Why Bad News Travels Fast
10Chapter 9: The Hedonic Treadmill - Knowing When Enough is Enough
5Chapter 4: The Forgotten Elements - Luck and Risk
11Conclusion and Analysis
