The Psychology of Money


Author: Morgan Housel

9789390166268 | PB | pp. 252 | 2020 | Jaico Publishing House

The Psychology of Money contains stories which explore strange ways in which different people think about money.

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Timeless lessons on wealth, greed, and happiness doing well with money isn’t necessarily about what you know. Its about how you behave. And behaviour is hard to teach, even to really smart people. How to manage money, invest it, and make business decisions are typically considered to involve a lot of mathematical calculations, where data and formulae tell us exactly what to do. But in the real world, people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, the author shares short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important matters.

Additional information


Shalini Lal, Pradnya Parasher







Year of Publication:



Hachette India





Country of Origin:


About the Authors

Dr Shalini Lal is an organizational development thinker, problem solver and consultant. She is the founder of Infinity OD, a consulting firm that works with client organizations to help build their leadership, culture and capabilities. She was named as an ‘Exceptional leader of excellence’ by the Women Economic Forum for 2018. She is a graduate of St. Stephen’s College, Delhi, has an MBA from IIM-A and a PhD from UCLA. In a career spanning over 25 years she has worked in senior HR roles, such as director HR with Deutsche Bank, chief HR officer at Escorts Agri-machinery and chief (organizational development) at Airtel. She is also an independent board director and a sought out columnist and guest speaker. She lives in New Delhi with her husband, two children, three dogs and one cat.

Dr Pradnya Parasher is the founder and CEO of ThreeFish Consulting, with more than 20 years of experience in strategic HR, talent management, executive assessment and coaching. She has a PhD in industrial/organizational psychology from the University of South Florida. She helps leaders and leadership teams understand their psychological DNA and adapt their behaviours to become even more effective. She has coached early-career professionals and senior leaders to successfully navigate critical career transitions. She has lived in the United States and India, and worked with leaders across Asia, Europe and the US. She believes that one can live authentically and still achieve career success.


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