How the "psychology of money" can change you!
Knowing how to deal with money does not only depend on the information available to us but also, and above all, on how we behave. And the behavior is difficult to teach, even to the smartest people. We often think of money – investing, personal finance, business decisions – as a mathematical question: a field of study in which data and formulas tell us exactly what we should do. In the real world, however, we don't make economic decisions by consulting a spreadsheet. We take them in the evening for dinner or in a meeting room, where personal history, each person's own vision of the world, ego, pride, marketing... and the most unpredictable motives mix.
Morgan Housel shares 19 short stories about the strange ways we think about money, helping us better understand one of the most important topics in everyone's life while explaining how to save, invest, and make our savings work.
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