Summary of The Concise Psychology of Money

The Concise Psychology of Money is a concise guide to understanding the psychological effects of money and power on our lives. Written by two of the top researchers in the field, this book explores how economic rewards and losses shape our decision-making, why some people are better prepared to manage money than others, and which strategies the most successful people employ in their financial lives. The authors provide advice on how to use money to achieve goals as well as obstacles to be aware of. They also offer a comprehensive overview of the psychological forces that shape our money beliefs, behaviors, and relationships. The book is organized into three distinct parts and includes stories of real people to bring the material to life.