Uploaded April 2025 | Updated September 2026, 2 hours ago
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There’s a lot more to money than you may think. In The Psychology of Money, Morgan Housel writes that the key to getting better with money is understanding our behavior: why do we do what we do?
Reading it was like wiping foggy glasses clean—suddenly, everything about money became sharp and clear.
So here are 15 lessons I learned from The Psychology of Money.
Check out the book here → The Psychology of Money - Morgan Housel: https://a.co/d/54rpHU2
CHAPTERS:
00:00 Intro
00:40 1. People like your Lambo, not you
01:17 2. Use money to gain freedom
02:14 3. Know when you have enough
03:49 4. Less ego, more wealth
05:05 5. Time is the most powerful force in investing
05:50 6. Wealth is what you don’t see
06:39 7. You don’t need a reason to save
07:39 8. Plan for the plan to go not according to plan
08:25 9. Luck vs hard work
09:28 10. Nobody is crazy
11:01 11. What gets you wealthy doesn’t keep you wealthy
12:24 12. To invest, you need to pay a price
13:23 13. You don’t need be right all the time, just right enough
14:39 14. Allow yourself to change
16:15 15. It’s important to sleep at night
– WHAT TO WATCH NEXT –
Why I'm So Frugal: youtu.be/d0n1e2jq2wQ
– LINKS –
📚 Interesting books to read:
• Stoicism For Beginners: https://a.co/d/hPU8GTX
• Minimalism 101: https://a.co/d/bJkA6Lt
• Declutter Your Life: https://a.co/d/carqttB
DISCLAIMER: Some of the links are affiliate links. If you click and make a purchase, I may earn a commission, at no cost to you.
• 📝 Sign up for my newsletter: petercook.myflodesk.com/newsletter
• ☕️ Buy me a coffee: ko-fi.com/petercook
There’s a lot more to money than you may think. In The Psychology of Money, Morgan Housel writes that the key to getting better with money is understanding our behavior: why do we do what we do?
Reading it was like wiping foggy glasses clean—suddenly, everything about money became sharp and clear.
So here are 15 lessons I learned from The Psychology of Money.
Check out the book here → The Psychology of Money - Morgan Housel: https://a.co/d/54rpHU2
CHAPTERS:
00:00 Intro
00:40 1. People like your Lambo, not you
01:17 2. Use money to gain freedom
02:14 3. Know when you have enough
03:49 4. Less ego, more wealth
05:05 5. Time is the most powerful force in investing
05:50 6. Wealth is what you don’t see
06:39 7. You don’t need a reason to save
07:39 8. Plan for the plan to go not according to plan
08:25 9. Luck vs hard work
09:28 10. Nobody is crazy
11:01 11. What gets you wealthy doesn’t keep you wealthy
12:24 12. To invest, you need to pay a price
13:23 13. You don’t need be right all the time, just right enough
14:39 14. Allow yourself to change
16:15 15. It’s important to sleep at night
– WHAT TO WATCH NEXT –
Why I'm So Frugal: youtu.be/d0n1e2jq2wQ
– LINKS –
📚 Interesting books to read:
• Stoicism For Beginners: https://a.co/d/hPU8GTX
• Minimalism 101: https://a.co/d/bJkA6Lt
• Declutter Your Life: https://a.co/d/carqttB
DISCLAIMER: Some of the links are affiliate links. If you click and make a purchase, I may earn a commission, at no cost to you.
