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yuu3008's review against another edition
3.0
This book mainly tried to explain matters that we human often think of when making monetary decisions, through observing human psychology, and finally gave some advice on how to achieve the state of "mind over money". Totally it has 15 main chapters projecting 263 experiments, with each chapter answering a few questions related to money, however sometime the flow is difficult to follow which makes reading a little bit exhausting. This one best suits with anyone who is interested in psychology and behavioral economics, something similar but less interesting if compare to Think fast and slow by Daniel Kanehman, and Predictably Irrational by Dan Ariely.
heykylie's review against another edition
2.0
Skimmed most of it. The chapters went on and on and on about the same principles and tbbh I don't think I was in the right headspace (lol) to absorb ALLLLL of this info. Very interesting principles and I found the most value in the listed summary at the end.
mildnothing's review against another edition
3.0
Mind over Money gives a good overview about the state of research in the field of the psychology of money and how we spend it.
A lot of the studies mentioned here also deal with money/happiness and money/motivation, so I had quite a bit of overlap from the last audiobook I listened to ([b:Drive: The Surprising Truth About What Motivates Us|6452796|Drive The Surprising Truth About What Motivates Us|Daniel H. Pink|https://images.gr-assets.com/books/1348931599s/6452796.jpg|6643001]).
However, the summarized list of advice at the end of the book is quite helpful to remember a few tricks of how to handle money in a more intelligent way in the future.
Especially the hint "If you want to build a nuclear waste area, do not bribe locals with money" will probably come in handy at some point.
Some tips I found interesting include:
* imagine your money lies in a bank far away from you and you'll spend less (however, with online banking I don't really see how this would work)
* have only a single bank account >> see how much money you own >> spend less because you have a better grasp of how much you have
* speak - or rather think - German (winning!): This was an interesting one. Apparently, because German is a language in which the grammatical forms for the future are somewhat close and the future does not necessarily lie far ahead, thinking in this way can lead to wiser spending decisions. (e.g., "Morgen ist es kalt.", as opposed to "Morgen wird es kalt.", is a correct sentence, because the Morgen already implies the future, while the ist is present tense.)
* use piggy banks?
* buy snacks in cash and you'll probably snack less (and make healthier choices).
A lot of the studies mentioned here also deal with money/happiness and money/motivation, so I had quite a bit of overlap from the last audiobook I listened to ([b:Drive: The Surprising Truth About What Motivates Us|6452796|Drive The Surprising Truth About What Motivates Us|Daniel H. Pink|https://images.gr-assets.com/books/1348931599s/6452796.jpg|6643001]).
However, the summarized list of advice at the end of the book is quite helpful to remember a few tricks of how to handle money in a more intelligent way in the future.
Spoiler
Especially the hint "If you want to build a nuclear waste area, do not bribe locals with money" will probably come in handy at some point.
Some tips I found interesting include:
* imagine your money lies in a bank far away from you and you'll spend less (however, with online banking I don't really see how this would work)
* have only a single bank account >> see how much money you own >> spend less because you have a better grasp of how much you have
* speak - or rather think - German (winning!): This was an interesting one. Apparently, because German is a language in which the grammatical forms for the future are somewhat close and the future does not necessarily lie far ahead, thinking in this way can lead to wiser spending decisions. (e.g., "Morgen ist es kalt.", as opposed to "Morgen wird es kalt.", is a correct sentence, because the Morgen already implies the future, while the ist is present tense.)
* use piggy banks?
* buy snacks in cash and you'll probably snack less (and make healthier choices).
martysdalton's review against another edition
5.0
I really don't get the low rating on this book. Tons of fascinating research from all over the world, well-compressed and explained. Personal finance is mostly behavior and this book is loaded with example after example of how people behave with it. To quote Ian Cron: "What you don't know about yourself can hurt you." This is a little knowledge. Better than the average rating, be open minded. It's not a budgeting book. It's not going to make you rich. It will inform you.
shireybear09's review against another edition
4.0
263 experiments mentioned in the book...skip to chapter 15 for key summary of the entire book. Or! Read it in reverse. Go to the last chapter and see what tip you find fascinating and go to the chapter to read about the experiment.
I like the clear format of the chapters and sections, but omg way too many experiments. The tone of the books makes it an easy read, but toward he end of the book I start to feel numb rather than feeling “mhmmm interesting!”
The book is still have great value, reminding me of my money over mind triggers and help me have a healthier relationship with money. Working on my way to have mind over money!!
I like the clear format of the chapters and sections, but omg way too many experiments. The tone of the books makes it an easy read, but toward he end of the book I start to feel numb rather than feeling “mhmmm interesting!”
The book is still have great value, reminding me of my money over mind triggers and help me have a healthier relationship with money. Working on my way to have mind over money!!
shaqal's review against another edition
4.0
The author has tried to combine lot of great research into everything related to money. Not as much practical advice as I expected, but the sheer volume of condensed insights in this book makes it 4star worthy.