Review By: Jayant Khetan

Genre: Non-fiction, Finance, Psychology
Pace: Medium to fast 
Level: Beginner to Intermediate

Review:

They say, "Money, like the mind, is a wonderful servant but a terrible master." Yet, mastering money is no easy feat. Many chase it, few control it, and even fewer truly understand it. That’s where Morgan Housel’s The Psychology of Money comes in—a book that doesn’t teach money management in the traditional sense but instead unpacks how we, as humans, think, feel, and behave when it comes to money.

Unlike other finance books stuffed with rigid rules and complex strategies, this one takes a refreshingly simple and relatable approach. It doesn’t drown you in jargon or push you into a strict financial framework. Instead, it tells engaging stories, making money feel less like a cold, calculated game and more like a deeply personal journey.

When The Psychology of Money hit the shelves, it became an instant hit. Financial advisors, investors, and money managers all swore by it. The hype was undeniable, so I had to see for myself—was it really that good?

Did It Live Up to the Hype?

Absolutely! This book doesn’t promise overnight wealth or some magical financial formula. Instead, it helps you understand money—why we make irrational financial decisions, how our upbringing shapes our relationship with money, and why luck and risk play a bigger role in success than we often admit.

Housel’s writing is crisp, to the point, and completely jargon-free. No unnecessary formulas, no complex theories—just practical wisdom. You won’t need to Google terms every other page, which makes reading a breeze. In fact, the book flows so well that it reads more like a collection of short, thought-provoking stories than a conventional finance book.