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The Psychology of Money

The Psychology of Money

by Morgan Housel

Mentioned once across 1 show · first heard Apr 2026 on Mick Unplugged.

self-improvementdecision-makingpersonal finance
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The general take

Morgan Housel emphasizes that The Psychology of Money tackles something universally important—money is a topic that affects everyone whether they're interested in it or not, and it has a profound impact on life. He frames it as one of two topics (along with health) that are impossible to avoid, making the book's subject matter inherently relevant to everybody.

About

**OVER 10 MILLION COPIES SOLD AROUND THE WORLD… The Psychology of Money is the original bestselling classic from the author of the new book, The Art of Spending Money .** Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money―investing, personal finance, and business decisions―is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.

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