The best way to manage our money is a question that everyone has an answer for but the question should not be what’s the best way to manage our money is what’s the best way for you and in comes the book the psychology of money, most books when they analyze investment of financial management focus solely on the technical part of it but this book focuses on the human psychology element of investing and building up wealth over time. one of the takeaways that I got from this book was to understand what your own personal financial goals are without understanding what’s you are working towards is difficult to build a plan I felt like thus book touched on three points the psychology behind money, the historical implications of money as well as some investing strategies that we can potentially use in order to increase our wealth as someone who does not read much about investment books or financial management.
I found this book to be incredibly beneficial and it was a great analysis on the psychology of money.