The Art of Spending Money

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Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of directors at Markel. He lives in Seattle with his wife and two kids.

From the international bestselling author of The Psychology of Money, with 8 million copies sold worldwide - lessons on harnessing the power of money to live a happier life. Can money buy happiness? Yes. Can spending it make you happier? Absolutely. Yet, many of us struggle to unlock its full potential - either by spending on things that don't bring as much joy as they should, or by avoiding investments that would truly enhance our mental well-being. In The Art of Spending Money, award-winning and global bestselling author Morgan Housel offers a refreshingly practical approach to managing wealth while finding deeper meaning and contentment. Instead of one-size-fits-all financial advice, he unpacks the hidden psychology behind our choices - why we confuse envy with admiration, how expectations shape our satisfaction, and why slow, deliberate wealth-building often leads to the best results. More than just a book about money, The Art of Spending Money explores the emotions, biases, and social forces that drive our financial decisions. With sharp insights and practical takeaways, Housel helps you avoid common spending pitfalls, make smarter financial choices, and use money with intention - to not just build wealth, but to actually enjoy it.

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