{"id":662559,"date":"2025-03-18T00:00:00","date_gmt":"2025-03-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/18\/forget-formulas-and-data-personal-finance-is-all-about-human-behavior\/"},"modified":"2025-03-18T00:00:00","modified_gmt":"2025-03-18T00:00:00","slug":"forget-formulas-and-data-personal-finance-is-all-about-human-behavior","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/18\/forget-formulas-and-data-personal-finance-is-all-about-human-behavior\/","title":{"rendered":"Forget formulas and data, personal finance is all about human behavior"},"content":{"rendered":"

? Want a new approach to personal finance and investing?<\/strong> Morgan Housel\u2019s The<\/a>Psychology of Money<\/a> focuses not on formulas and data, but on human behavior and psychology. Through 19 short anecdotes, Housel explores how emotions, personal experiences, and decision-making tendencies shape our financial habits.<\/p>\n

This book has gained popularity on social media and among self help readers, but it <\/strong>didn't meet everyone's expectations.<\/strong> The book is more about the philosophy behind money and investing rather than a practical guide on where and how to invest. If you\u2019re expecting a step-by-step roadmap for wealth building, you may find this book lacking in specifics.<\/p>\n

The book makes a strong case that financial decisions are often made based on <\/strong>emotions rather than logic.<\/strong> However, much of the book focuses on past events, mainly in the US, without clear guidance on how to apply these lessons to today\u2019s financial world. Another is the book\u2019s key messages is that happiness and contentment matter more than becoming rich. <\/p>\n

It\u2019s an easy and insightful read:<\/strong> If you\u2019re looking for guidance on financial behavior rather than strict investment strategies, you may find it worthwhile. But if your goal is to learn specific techniques for managing, multiplying, or investing your money, you may want to do some supplementary reading.<\/p>\n

WHERE TO FIND-<\/strong> The Psychology Of Money is available at Diwan<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

? Want a new approach to personal finance and investing? Morgan Housel\u2019s ThePsychology of Money focuses not on formulas and data, but on human behavior and psychology. Through 19 short anecdotes, Housel explores how emotions, personal experiences, and decision-making tendencies shape our financial habits. This book has gained popularity on social media and among self […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7251],"tags":[633,7087,8360,1132,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-662559","post","type-post","status-publish","format-standard","hentry","category-under-the-lamplight","tag-enterprisepm","tag-finance","tag-psychology","tag-under-the-lamplight","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"62c2d1c5-3903-45dc-9390-490ca88b6e15","order":"8","is_powered_by":false,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[662546],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.ad49bce6-9e34-4e86-9b3e-c1b9035c93bb.mp3"},"yoast_head":"\nForget formulas and data, personal finance is all about human behavior - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/18\/forget-formulas-and-data-personal-finance-is-all-about-human-behavior\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forget formulas and data, personal finance is all about human behavior\" \/>\n<meta property=\"og:description\" content=\"? 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