Psychology of Money by Morgan Housel is a book that explores the psychological aspects of money. Here are 10 key ideas from the book:

• A genius is the man who can do the average thing when everyone else around him is losing his mind.
• Nothing is as good or as bad as it seems.
• Therefore, focus less on specific individuals and case studies and more on broad patterns.
• Bill Gates once said, “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.
• There is no reason to risk what you have and need for what you don’t have and don’t need.
• Happiness, as it’s said, is just results minus expectations.
• Getting money is one thing. Keeping it is another.
• Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.
• Spending money to show people how much money you have is the fastest way to have less money.
• Progress happens too slowly to notice, but setbacks happen too quickly to ignore.