Free Audiobook : The Psychology of Money, by Morgan Housel

Achieving financial success is not solely based on knowledge and intelligence. It is largely influenced by our behaviors and actions, which can be challenging to teach even to highly intelligent individuals.

Money management, investing, personal finance, and business decisions are often taught as purely mathematical and data-driven fields, where formulas and statistics dictate the optimal choices. However, in reality, financial decisions are made in the context of personal experiences, perspectives, emotions, and external influences. These factors, such as one's upbringing, beliefs, ego, pride, marketing tactics, and peculiar incentives, intertwine and shape our financial behavior.

In "The Psychology of Money," acclaimed author Morgan Housel presents 19 compelling short stories that delve into the fascinating and often irrational ways in which people think about money. By exploring these stories, Housel provides insights and wisdom to help readers develop a deeper understanding of this complex and vital aspect of life. This book goes beyond the numbers and formulas, offering valuable lessons on how to navigate the intricate psychology behind financial decision-making.