THE PSYCHOLOGY OF MONEY
KSh 3,000.00
The Psychology of Money by Morgan Housel explores how our behaviors, emotions, and biases influence financial decisions. Through engaging stories and research, Housel highlights the importance of patience, long-term thinking, and understanding the psychological aspects of money, rather than just focusing on technical knowledge. The book provides valuable insights into building wealth, managing risk, and developing a healthier relationship with money.
7 in stock
Description
The Psychology of Money by Morgan Housel is a thought-provoking exploration of how human behavior and emotions influence financial decisions. In this book, Housel delves into the psychology behind wealth-building, focusing on the mindset, habits, and beliefs that shape our approach to money. Drawing on a mix of historical anecdotes, research, and personal stories, Housel argues that financial success is often less about technical expertise and more about understanding the human side of money—how we perceive risk, success, and failure.
Key themes in the book include:
- The role of luck and risk in financial outcomes.
- The importance of patience and long-term thinking when it comes to investing.
- The psychological biases that drive our decision-making, such as the tendency to make decisions based on emotions or societal pressure.
- How our personal experiences and upbringing shape our financial outlook and decisions.
- The significance of defining personal financial goals based on individual values, not just societal benchmarks.
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