"The Psychology of Money: Timeless lessons on wealth, greed, and happiness" is a book written by Morgan Housel, a financial journalist and investor. He begins by emphasizing that personal finance is not just about numbers but its also a reflection of our values, beliefs, and life choice. The author Morgan Housel brings light to knowledge of money spending and argues that simplicity and long-term perspective are often more effective in managing money than complex strategies. Overcomplicating investment can lead to mistakes.
"The Psychology of Money" is a thought-provoking book that offers valuable insights into the emotional and behavioral aspects of finance. It encourages readers to take a more thoughtful and deliberate approach to money management.