50 Must-Read 50 Beta
← The Must-Read 50
Cover of The Psychology of Money by Morgan HouselThe Psychology of Money
Modern · Nonfiction, Business, Psychology

The Psychology of Money

by Morgan Housel
2020 · 256 pages · Nonfiction
Lifetime bestseller
≈ 6 hours to read · about 2 weeks at 30 minutes a day

What it's about

Doing well with money isn't about what you know, Morgan Housel argues; it's about how you behave, and behavior is hard to teach. In short chapters, he explains how ego, luck, history and emotion shape our financial decisions, and how to make better ones.

Why it's worth reading

It's one of the best-selling personal finance books of recent years. Readers love its short, story-driven lessons.

You'll love it if you liked

Good to know

It's not a how-to guide with specific investments. Each chapter stands alone.

By the numbers

74.5Must-Read Score
  • Readers90 out of 100 · counts 42%
  • Critics0 out of 100 · counts 14%
  • Bestseller35 out of 100 · counts 34% (its stronger lane)
  • Buzz0 out of 100 · counts 10%

Critics and Bestseller are two ways to earn a place: a book's stronger one counts more. Buzz rewards recent bestseller weeks and prizes, so older books start at zero. The parts combine into the Must-Read Score, shown on a scale where the best book we found scores 99 and the last book to make the ranking scores 50.

Where it ranks

Reads as

Practical, Thought-provoking

How we rank

Already read it? Upload your Goodreads or StoryGraph history and get the 50 best books you haven't read, tuned to your taste.Get my 50

If you like this, read next

Cover of Never Split the Difference: Negotiating as If Your Life Depended on It by Chris Voss with Tahl RazNever Split the Difference: Negotiating as If Your Life Depended on It
Never Split the Difference: Negotiating as If Your Life Depended on ItChris Voss with Tahl Raz
Cover of The Big Short: Inside the Doomsday Machine by Michael LewisThe Big Short: Inside the Doomsday Machine
The Big Short: Inside the Doomsday MachineMichael Lewis
Cover of Outliers: The Story of Success by Malcolm GladwellOutliers: The Story of Success
Outliers: The Story of SuccessMalcolm Gladwell
Cover of Being Mortal: Medicine and What Matters in the End by Atul GawandeBeing Mortal: Medicine and What Matters in the End
Being Mortal: Medicine and What Matters in the EndAtul Gawande
Cover of Maybe You Should Talk to Someone by Lori GottliebMaybe You Should Talk to Someone
Maybe You Should Talk to SomeoneLori Gottlieb
Cover of The Ride of a Lifetime by Robert IgerThe Ride of a Lifetime
The Ride of a LifetimeRobert Iger

Explore the best-of lists

All 36 best-of lists →

Quick answers

Is The Psychology of Money worth reading?

Yes. It's one of the best-selling personal finance books of recent years. It ranks #846 of the 2,816 books in our ranking, with a Must-Read Score of 74.5 (the best book we found scores 99).

What is The Psychology of Money about?

Doing well with money isn't about what you know, Morgan Housel argues; it's about how you behave, and behavior is hard to teach. In short chapters, he explains how ego, luck, history and emotion shape our financial decisions, and how to make better ones.

How long does it take to read The Psychology of Money?

About 6 hours (256 pages), or about 2 weeks at 30 minutes a day.

What should I read after The Psychology of Money?

If you liked it, try The Simple Path to Wealth by JL Collins, Atomic Habits by James Clear or Thinking, Fast and Slow by Daniel Kahneman.