Most people believe wealth is about how much you earn. In reality, it is far more about how you behave.
Mike Tyson earned more than $400 million during his career and still ended up bankrupt. At the same time, countless people earning far less quietly retire with financial independence. The difference is not intelligence or opportunity. It is psychology.
In The Psychology of Money, Morgan Housel explains that financial success is rarely about spreadsheets or perfect decisions. It is about understanding risk, managing emotions, and building habits that last. Below are five of the most important lessons from the book and why they matter for your financial life.
