The Psychology of Money: Why We Do What We Do with Our Finances

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Money, for all its mathematical precision, is far from a purely logical subject. Money decisions are tied to our emotions: fear, pride, security, envy, and even love. Recognizing this can help us make peace with decisions that aren’t perfectly optimized but are psychologically satisfying. While we often think of financial success as a result of knowledge and strategy, it’s equally—if not more—about behavior. This is the central thesis of The Psychology of Money by Morgan Housel, a book that’s become a modern classic for its insights into how we think, feel, and act around money. Look  at the psychology of money summary and  explore some of the key psychological principles that shape our financial decisions, often in surprising and deeply personal ways..