Episode · Freakonomics Radio · 2022-12-27
Books mentioned on Are Personal Finance Gurus Giving You Bad Advice? | Freakonomics Radio | Episode 518
Books mentioned, in the order they came up
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The Psychology of Money
The Psychology of Money by Morgan Housel is a popular personal finance book that explores how human behavior, ego, and worldview shape financial decisions far more than cold mathematical spreadsheets.
Discussed“It's made me curious how Morgan Housel, the author of 'The Psychology of Money,' thinks about housing costs. He mentioned that he and his wife paid off their mortgage when they had a three percent fixed-rate mortgage. He calls this the worst financial decision they've ever made but also the best money decision they have ever made.”
