The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness *

Author: Morgan Housel

Book length: 256 pages

Excerpt: A series of interviews of a thousand elderly Americans about
important life lessons learned found that what was valuable in life
were quality friendships, being part of something bigger than
themselves, and spending quality time with their kids.

KUTUBNOTES

Test Your Knowledge

Recalling strengthens the memory.

3 questions
1. According to the notes, what is emphasized as the most important factor for financial success?
2. Which statement best reflects the notes' definition of 'wealth' and how it is created?
3. What does the material identify as a more dependable predictor of wellbeing than income, geography, or education?

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