This book is packed with wisdom and insight for pragmatic financial planning. We are very low-income overseas missionaries serving in the third world.

Housel argues that luck plays a much bigger role in our financial outcomes than we often realize. Recognizing this can help us avoid the trap of overconfidence and develop more realistic expectations. Don't be greedy. Risk management is a probability ...  Read More

The psychology of money takes a holistic approach to the topic of money. One of the key themes of the book is the idea that money is more about behavior than it is about numbers. The author describes how decisions about money and finance are not based...  Read More

The author peddles obvious anecdotal strategies supported by obscure examples. It has good ideas, but at a certain point it just keeps repeating them. If you're like me and want succinct points and are looking for actual psychology, this isn't it.

Would not recommend, underwhelming, save your money. Worst part about the books is that it's trying to dissuade you from achieving great things. Omits underrepresented groups of people, and for those reasons i was disappointed.

The description of the book is posed to be about the real-life individual and the psychology behind their financial decisions. The only advice he gives is to “ save and dollar cost average into a low cost index fund” which you could of gotten that inf...  Read More

It is what you would expect a 10-th grader would submit as a class report, and than pad it 10x into a book. It repeats the same 4 chapters then jumps to chapter 11 for one page, number 119 then off to chapter 12 till the end.

What shocked me the most is how conservative/risk averse the writer is in terms of how he manages his assets. It’s just a compilation of things that other people said and random studies that don’t have much to do with finance.