The psychology of money - TIME LESSONS ON WEALTH, GREED, AND HAPPINESS(Paperback, Morgan Housel)
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Timeless insights on wealth, greed, and happiness reveal that managing money effectively isn't solely about knowledge; it's largely about behavior. Teaching behavior can be challenging, even for the brightest individuals. While managing money, investing, and making business decisions are often associated with complex mathematical calculations and data-driven formulas, real-life financial decisions are typically made outside of spreadsheets. These decisions occur at the dinner table or in meeting rooms, influenced by personal histories, individual perspectives, ego, pride, marketing, and various incentives. In "The Psychology of Money," the author presents 19 brief stories that delve into the unconventional ways people perceive money, offering guidance on how to navigate one of life's most significant topics more effectively