The Psychology of Money Recap

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Have you read The Psychology of Money by Morgan Housel?

Join Nick and Dave as they recap a book they both have read and resonated with both of them. The book covers a lot of practical advice when it comes to managing your personal finances. So, it is easy to see why the Kitchen Table Finance Podcast likes it.

Listen as the guys cover some key points of the book and discuss their own philosophies about money management. You can get a copy of the book here.

If you have read this book, let us know what you think!

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

by Morgan Housel

About this book:

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.

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

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