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Books The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Cream book paper inside)

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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 different 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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Here are the main lessons you learn:

It’s Not About Knowledge, It’s About Behavior
Financial success depends more on your habits, patience, and discipline than on how smart you are with numbers.

We All See Money Differently
People’s money decisions are shaped by personal experiences, upbringing, and environment—so there’s no single “rational” way everyone will behave.

Getting Wealthy vs. Staying Wealthy
Building wealth often requires risk-taking and optimism, while keeping wealth requires humility, frugality, and fear of losing it.

The Power of Compounding
Small, consistent gains over long periods create extraordinary results. Time matters more than brilliance.

Saving is More Important than Earning
Wealth isn’t about high income—it’s about how much you keep. Living below your means gives you freedom.

Freedom is the Ultimate Goal
True wealth is being able to control your time and live life on your own terms.

Tail Risk Matters
A few events (good or bad) often define financial outcomes. Planning for rare but impactful events is crucial.

Enough is Enough
Chasing endlessly for more money can lead to ruin. Knowing when you have “enough” creates contentment.

Luck & Risk Play Huge Roles
Success and failure often involve luck or bad timing. Don’t compare yourself too harshly to others.

Your Money Story Shapes Your Life
Everyone’s financial journey is unique—understanding your own relationship with money helps you make better decisions.

Specifications

  • SKU: BO086BM686VFGNAFAMZ
  • GTIN Barcode: 09780857199096
  • Weight (kg): 0.23

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Books The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Cream book paper inside)

Books The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Cream book paper inside)

KSh 425
KSh 1,00058%
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