From the bestselling author of The Psychology of Money and Same as Ever, lessons on harnessing the power of money to live a happier life
Most of us don’t know how to spend money. We chase things that impress others but leave us cold. Or we save endlessly, afraid to spend on what would actually make life better. We confuse admiration with envy, comfort with excess, and utility with status.
The Art of Spending Money doesn't provide budgets, hacks, or one-size-fits-all solutions. It gives you understanding of how your relationship with money shapes your decisions—and how to reshape it so money works for you.
Morgan Housel’s work has helped millions rethink how they earn, save, and invest. Now he turns his attention to the other side of the equation: how to spend. With insight and warmth, he shows why the most valuable return on investment is peace of mind, why expectations matter more than income, and why doing well with money has less to do with spreadsheets and more to do with self-awareness.
This book isn’t about getting rich. It’s about getting the most out of what you already have—and learning to want what’s worth wanting.
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The Art of Spending Money: Simple Choices for a Richer Life
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The Art of Spending Money: Simple Choices for a Richer Life
"Interesting take and well written- not finished but find it not necessarily for those who don’t know how to spend but just save…. More for people who like shiny new things. Should wait u til I’m done to comment really!"
— Julie A. (4/5)
Recommend!
"So so good! It has really made me think of why I spend deeper with each purchase."
— Deee (5/5)
Solid, but underwhelming follow-up
"Not quite as actionable or effective as The Psychology of Money, but a valuable read for those interested."
— Brooks (3/5)
Psychology of Money part 2
"An execellent field manual if you want to go deep in the trenches of how to have a proper relationship with your money."
— Daryl (5/5)
Review of The Art of Spending money!
"In my opinion, this book highlights some of the common motivations leading people to spend money very aptly and in a simple manner, which also seems very relatable. What I personally liked was short stories being used to explain the context of each chapter in the book. However, there were just a couple of instances where it felt like things were repetitive. Overall, it is a good read."
— Richa (4/5)
Fantastic Book!
"A great follow up to Morgan Housel's first book, The Psychology of Money."
— Jeff (5/5)
cover page immaculate
"Waited for another title by Housel for a long time"
— David (5/5)
Q&A
Published date: Oct 07, 2025
Language: English
No. of Pages: 256
Publisher: Penguin Publishing Group
ISBN: 9780593716625
Dimensions:
5.74" W x
0.91" L x
8.8" H
Morgan Housel is a partner at The Collaborative Fund. 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 lives in Seattle with his wife and two kids.
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