The Psychology that we all should build about Money

Romil Jain
7 min readMay 16, 2022

Recently I concluded one more book — The Psychology of Money by Morgan Housel. I also had a detailed discussion of the book with one of my friends Saurabha Pandey. We discussed in length and captured our discussion on our Youtube channelThe Silent Readers.

I am sharing the snippet of that discussion from my end and some insights from the book which I really liked.

  1. How & why did I pick this book?

One of my friends recommended this book last month when we were riding (cycling) together. That time I was reading Atomic Habits by James Clear, so I stacked this book at the top of my list to read next.

Though I have a long list of books that I plan to read this year but I picked this one because of two reasons -

a) My recent developed interest in psychology (Maybe because I do have a few psychology subjects in my ongoing MBA, and I find them intriguing).

b) This book is about ‘Money,’ and I am sure everyone likes money, but not everyone is good at managing it, including me :)

2. One thing that I liked the most in the book?

The best part of the book is it has some real-life examples that the author mentioned in each chapter. He divided the book into small chapters, and each chapter…

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