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Writen byMorgan Housel
- Yearseptember 8, 2020
LKR 1,700.00
The principles of wealth, greed, and happiness are timeless, but managing money successfully isn’t just about having technical knowledge—it’s fundamentally about behavior. How you act with money often matters more than what you know, yet behavior is one of the hardest things to teach, even for highly intelligent people. While many believe that financial decisions are purely logical, driven by numbers, data, and formulas, the reality is far more complex. People rarely make money choices in isolation or based solely on spreadsheets. Instead, these decisions happen in everyday life—around the dinner table or in business meetings—where emotions, personal experiences, pride, ego, marketing influences, and conflicting incentives all come into play.
In The Psychology of Money, the author presents 19 engaging and insightful stories that reveal the surprising and often irrational ways people think about money. By exploring these real-world examples, the book helps readers understand the psychological factors behind their financial behaviors and offers guidance on making smarter, more thoughtful decisions. This approach transforms money management from a dry, mathematical exercise into a deeply human experience, emphasizing that understanding ourselves is just as crucial as understanding the numbers.
Book Title | Psychology of money by Morgan Housel |
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Author | Morgan Housel |
ISBN | 978-9395970334 |
Date Published | september 8, 2020 |
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