{
  "schema_version": "1.0",
  "kind": "BooksRedditRecommendationReceipt",
  "id": "booksreddit:recommendation-receipt:psychology-of-money",
  "book": {
    "slug": "psychology-of-money",
    "title": "The Psychology of Money",
    "author": "Morgan Housel",
    "authors": [
      "Morgan Housel"
    ],
    "first_published": 2020
  },
  "canonical_url": "https://booksreddit.com/book/psychology-of-money/",
  "receipt_anchor_url": "https://booksreddit.com/book/psychology-of-money/#recommendation-receipt",
  "evidence_urls": {
    "json": "https://booksreddit.com/evidence/psychology-of-money.json",
    "markdown": "https://booksreddit.com/evidence/psychology-of-money.md"
  },
  "consensus": "r/Bogleheads owns this book. Of 209 total mentions across seven years, 165 land there, with 169 unique commenters across all three subreddits. The community treats it as emotional infrastructure: not the mechanics guide (that's Simple Path to Wealth) but the reason you stick to a plan when markets drop.",
  "read_if": "Read this if you've already got an index fund and still check it every week. The book is aimed at people who understand the strategy intellectually but can't stop second-guessing it emotionally — r/Bogleheads, essentially. If you haven't set up the basic investment accounts yet, start with Simple Path to Wealth and come back.",
  "skip_if": "Readers who wanted a technical investing guide find the philosophy-heavy chapters thin on actionable specifics.",
  "strongest_evidence": {
    "subreddit": "Bogleheads",
    "excerpt": "Probably 34, actually! I hit the 100k milestone in my 401k that year and realized I didn’t know what I was doing. Went looking, and found Simple Path to Wealth and Psychology of Money via the bogleheads. Been bogling the last 5 years and finally confident that we have our financial future in order. …",
    "score": 401,
    "sentiment": 0.5,
    "published_at": "2024-12-25T06:52:35+00:00",
    "permalink": "https://www.reddit.com/r/Bogleheads/comments/1hlvc3o/just_finished_the_simple_path_to_wealth_at_age_34/m3pezgq/"
  },
  "dissent": {
    "editorial_caveat": "Readers who wanted a technical investing guide find the philosophy-heavy chapters thin on actionable specifics.",
    "negative_source_excerpt": null
  },
  "sample": {
    "total_mentions": 209,
    "unique_commenters": 169,
    "published_quote_count": 8,
    "average_sentiment": 0.35,
    "subreddits": [
      {
        "name": "Bogleheads",
        "mentions": 165,
        "average_sentiment": 0.4,
        "last_seen": "2026-02-25"
      },
      {
        "name": "investing",
        "mentions": 42,
        "average_sentiment": 0,
        "last_seen": "2026-03-19"
      },
      {
        "name": "personalfinance",
        "mentions": 2,
        "average_sentiment": 0,
        "last_seen": "2025-11-08"
      }
    ]
  },
  "updated_at": "2026-06-06T00:00:00.000Z",
  "sources": [
    {
      "subreddit": "Bogleheads",
      "excerpt": "Probably 34, actually! I hit the 100k milestone in my 401k that year and realized I didn’t know what I was doing. Went looking, and found Simple Path to Wealth and Psychology of Money via the bogleheads. Been bogling the last 5 years and finally confident that we have our financial future in order. …",
      "score": 401,
      "sentiment": 0.5,
      "published_at": "2024-12-25T06:52:35+00:00",
      "permalink": "https://www.reddit.com/r/Bogleheads/comments/1hlvc3o/just_finished_the_simple_path_to_wealth_at_age_34/m3pezgq/"
    },
    {
      "subreddit": "Bogleheads",
      "excerpt": "Morgan Housel, author of The Psychology of Money, regarding paying off his 3% mortgage early: “On paper, it’s the dumbest thing you could possibly do,” says Housel. “Even though it’s the worst financial decision we’ve ever made, I think it’s the best money decision we’ve ever made. It’s one thing t…",
      "score": 318,
      "sentiment": 0.2,
      "published_at": "2024-07-09T20:34:18+00:00",
      "permalink": "https://www.reddit.com/r/Bogleheads/comments/1dza3jq/in_defense_of_paying_off_your_house/lcep1pp/"
    },
    {
      "subreddit": "Bogleheads",
      "excerpt": "Stop checking it, live life. Read the books in the reading list—Psychology of Money is a great help. When in doubt, zoom out.",
      "score": 285,
      "sentiment": 0.7,
      "published_at": "2023-08-16T02:55:29+00:00",
      "permalink": "https://www.reddit.com/r/Bogleheads/comments/15sdd49/new_to_all_this_how_do_you_get_comfortable_with/jwdot3g/"
    },
    {
      "subreddit": "Bogleheads",
      "excerpt": "Next up: The Psychology of Money by M. Housel. It has changed how I think about our net worth.",
      "score": 271,
      "sentiment": 0.8,
      "published_at": "2024-12-25T07:03:50+00:00",
      "permalink": "https://www.reddit.com/r/Bogleheads/comments/1hlvc3o/just_finished_the_simple_path_to_wealth_at_age_34/m3pfzzn/"
    }
  ],
  "methodology_url": "https://booksreddit.com/methodology/",
  "limitations": [
    "Mention counts describe the tracked Reddit sample, not every Reddit comment or every reader.",
    "Average sentiment summarizes sampled discussion and is not a star rating.",
    "Editorial consensus, reader fit, and caveats are derived from the existing sourced book synthesis."
  ]
}