The Psychology of Money - Gujarati

The Psychology of Money by Morgan Housel – Timeless Lessons on Wealth, Behavior, and Decision-Making

Smart money decisions aren’t just about knowledge—they’re about behavior. In The Psychology of Money, award-winning author Morgan Housel explores how emotions, habits, and human nature shape the way we think about wealth, investing, and financial success.

Through 19 insightful stories, Housel breaks down the hidden factors that influence our financial choices—from ego and fear to past experiences and social pressure. With relatable examples and clear takeaways, this bestselling book helps you understand why people often make irrational decisions with money—and how you can avoid those pitfalls.

Perfect for anyone interested in personal finance, investing, behavioral economics, and building long-term financial wisdom.

Keywords: personal finance books, investing mindset, money habits, financial behavior, Morgan Housel, financial success tips, psychology of money