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

The Psychology of Money by Morgan Housel is a bestselling personal finance book that explores how human behavior, emotions, and decision-making shape our financial lives more than knowledge or intelligence. Instead of focusing on formulas and technical strategies, Housel reveals why managing money is not just about what you know — but how you behave.

Through 19 short and engaging stories, Housel shares timeless lessons about wealth, greed, happiness, and risk. He explains why financial success depends more on patience and discipline than on brilliance, why people make irrational choices about money, and how luck and timing often matter more than effort.

Key themes include:

• The importance of saving consistently, regardless of income.

• Why compounding works best over long periods of time.

• How avoiding big mistakes is more powerful than chasing big wins.

• The role of humility, flexibility, and long-term thinking in wealth building.

Written in a clear, accessible style, The Psychology of Money is filled with insights that apply to everyone — whether you are an investor, entrepreneur, or simply someone wanting to build financial security.

Praised worldwide, this book has become a modern classic in finance and self-development, inspiring readers to rethink their relationship with money and success.

Perfect for readers searching for personal finance books, wealth and happiness guides, or Morgan Housel bestsellers in English, this book offers wisdom that will remain relevant for generations.