July 19th 2021

The Psychology of Money. Timeless lessons on wealth, greed, and happiness. Morgan Housel.

The Psychology of Money. Timeless lessons on wealth, greed, and happiness. Morgan Housel.2020.ISBN 9780857197689.  Very easy to see why this is on an Amazon best seller list.  Using very simple language and relevant examples the author lets us know why we think and behave the way we do about money.  With my clients I stress to use the power of their team , with all their varied experiences and upbringing. Housel does the same by exposing all each generation has gone through and how that has shaped their decision making.  All of us could have used his advice years sooner – but it it is never too late.  You will really enjoy this book as you come face to face with the battle between logical and reasonable. I particularly enjoyed his chapters on what’s enough and having a margin of error.  Stripping away all our preconceptions, this book can not help you fee l more comfortable with your next financial decisions.

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