The Psychology of Money
Nineteen short chapters on how people behave with money, not on what to buy
It came out in 2020. The starting observation is that people with no financial training often do well with money while economists sometimes go broke, so the book works on how people act rather than on technique. Each chapter takes a single behavior: luck and risk, knowing what enough is, compounding, room for error, and the difference between a rational decision and a reasonable one. Most of the stories come from outside finance. There is almost no allocation advice in it, which is why readers tend to describe it as a framing book rather than a how-to.
People on record
Sorted by strength of stance
Does it: documented as part of their own routine. Recommends: explicitly advises other people to do it. Discusses: covered it substantively without clear personal adoption; this can include criticism or disagreement.
- Morgan HouselRecommends
Writer · The Psychology of Money
Nineteen short chapters on what happens in your head when you try to do things with money. Years spent on the 2008 crisis convinced him the answers were not in the finance textbooks but scattered across psychology, sociology and history. He kept the chapters short, he says, because he did not want to waste anyone's time.
Source: Collaborative Fund: The Psychology of Money
Aimed at the same thing
Other entries filed under stress or productivity.
- Book$$$Cheap: Roughly under $50, or under $15/month.
The Daily Stoic
366 short Stoic passages with modern commentary, one per day
On record from 4 of 62 tracked people: 3 recommend it, 1 has discussed it - Book$$$Cheap: Roughly under $50, or under $15/month.
The Almanack of Naval Ravikant
Collected thinking on wealth, specific knowledge and happiness
On record from 3 of 62 tracked people: 3 recommend it - Book$$$Cheap: Roughly under $50, or under $15/month.
Ego Is the Enemy
Ryan Holiday on the ways self-importance wrecks aspiring, succeeding and failing
On record from 2 of 62 tracked people: 2 recommend it - Book$$$Cheap: Roughly under $50, or under $15/month.
Slow Productivity
Do fewer things, work at a natural pace, obsess over quality
On record from 2 of 62 tracked people: 1 recommends it, 1 has discussed it - Book$$$Cheap: Roughly under $50, or under $15/month.
Clear Thinking
Parrish on the ordinary moments where a decision is really made
On record from 1 of 62 tracked people: 1 recommends it - Book$$$Cheap: Roughly under $50, or under $15/month.
Effortless
Make the most essential activities the easiest ones to do
On record from 1 of 62 tracked people: 1 recommends it
Book entry · notes paraphrased from cited sources, quoted excerpts copied from the transcript they link to. Not medical advice. Not affiliated with, endorsed by, or reviewed by anyone listed. How this works.