The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel. Brainfield presents lessons learned after reading this book. 18 lessons from the 18 chapters Morgan Housel’s the Psychology of Money offers are priceless! You get to know a lot of true facts on financial aspects related to savings, investment, forecasts, as well as on our psychological aspects on spending our money. I'm sure after learning from this book and following as mentioned in the book – saving more and finding our best investment plan rather than just going with the trend or copying others investment style without knowing their intentions and not knowing them personally too – can help you become financially independent and wealthy (not rich, but wealthy) which is everyone's end goal. I liked the book personally and if anyone is willing to read this book, go for it! It's worth the time and price.
The Chapters:
1. No One's Crazy
2. Luck & Risk
3. Never Enough
4. Confounding Compounding
5. Getting Wealthy vs. Staying Wealthy
6. Tails, You Win
7. Freedom
8. Man in the Car Paradox
9. Wealth is What You Don't See
10. Save Money
11. Reasonable Greater than Rational
12. Surprise!
13. Room for Error
14. You'll Change
15. Nothing's Free
16. You & Me
17. The Seduction of Pessimism
18. When You'll Believe Anything
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