About the book In " The Psychology of Money ," Morgan Housel reveals that successful financial management is less about mathematical formulas and more about human behavior. With 19 engaging stories, Housel delves into the intricate ways our emotions, personal histories, and social influences shape our financial decisions. He emphasizes that while traditional financial teachings focus on data, real-life choices often stem from complex motivations that unfold in everyday settings. This ... According to the expert, around 70-80% of unplanned spending occurs as a response to emotional fatigue rather than actual need. People subconsciously try to “buy their calm back,” using money ... The psychology of money : How mental accounting changes the value of cash The way money moves matters. Not just how much, but how fast, how visibly, how flexibly, and how meaningfully. In The Psychology of Money , award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.