The Psychology of Money in 33 minutes | Animated Book Summary

This video is a 33‑minute animated book summary of *The Psychology of Money* by Morgan Housel. It reveals the psychological traps that keep people broke, uncovers the hidden forces behind financial decisions, and shows how to build lasting wealth through smarter habits and a better mindset. 0:00 – Introduction 1:01 – Act 1 – The False Confidence 1:18 – Trap 1. You Think You're Logical 2:39 – Trap 2. You Think You’re in Control 5:02 – Trap 3. You Believe the Story, Not the Reality 6:51 – Trap 4. You Think You're a Spreadsheet 8:05 – Act 2 – The Emotional Hijack 8:20 – Trap 5. You Chase More Than You Need 10:44 – Trap 6. You Think Stuff Will Make You Admired 12:09 – Trap 7. You Think Looking Rich Means Being Rich 13:36 – Trap 8. You Fall for Fear Disguised as Wisdom 15:18 – Act 3 – The Hidden Rules of Money 15:35 – Trap 9. You Think Saving Needs a Goal 17:36 – Trap 10. You Want the Gains—But Not the Ride 19:05 – Trap 11. You Think Getting Rich Is the Hard Part 20:53 – Trap 12. You Overestimate Your Plan 22:18 – Act 4 – The Long Game 22:30 – Trap 13. You Underestimate the Power of Time 24:01 – Trap 14. You Ignore How Rare Success Really Is 26:03 – Trap 15. You Buy Stuff and Sell Your Time 27:42 – Act 5 – Become the Person Who Wins Long Term 27:56 – Trap 16. You Expect the Market to Be Predictable 29:14 – Trap 17. You Forget That You’ll Change 31:01 – Trap 18. You Copy People Who Aren’t Playing Your Game