A day doesn't go by without money coming into our interactions. But how much do we really understand it? We know we need money. We tend to want more of it. But why do we behave so strangely with it? And why does it have such a hold on us?
Award-winning BBC Radio 4 presenter Claudia Hammond delves into the surprising psychology of money to show us that our relationship with the stuff is more complex than we might think. Exploring the latest research in psychology, neuroscience and behavioural economics, she also reveals some simple and effective tricks that will help you think about, use and save money better - from how being grumpy can stop you getting ripped off to why you should opt for the more expensive pain relief and why you should never offer to pay your friends for favours.
An eye-opening and entertaining investigation into the power money holds over us, Mind over Money will change the way you view the cash in your wallet and the figures in your bank account forever.
An excellent book which provides an insight into how we think about money and how irrational many financial decisions are. The book is well researched and draws on many experiments and real life examples.
1 of 1 people found this review helpful
A re-hash of previously written papers. Lacking any original thought & purchased probably because of the author
As expected from a BBC broadcaster, this was an excellently and entertainingly written and presented. However if you have read any Behavioural Economics or psychology, then there is nothing new here, it just brings it together in one place. The actual advice is condensed to 5mins at the end. Still worth a listen if you are interested in this sort of thing, as I am!
Really great book about the psychology of money. Very well researched and backed up with lots of experimental anecdotes. I enjoyed listening to Claudia's narration.
I couldn't wait the book to be finished.
The title was one of the few highlights of this book (that being the anticipation to a life changing peace of writing that just turned out to be a misguided expectation)
The narrator was another good point of the few this book has, which make the whole experience merely palatable.
Just a pile of numbers, statistics, experiment outcomes and dates.
I don't see any substance only facts and percentages.
The last chapter *Money Tips was the only useful bit which was only a chapter .
Where does Mind over Money rank among all the audiobooks you’ve listened to so far?
Deserves 4 to five stars in my estimation. Nice research done. Not your typical airy fairy self help nonsense. Solid book overall.
I enjoyed it and look forward to more books from Claudia Hammond.
I'm fascinated by psychology and I really enjoyed Mind Over Money. It's one of those books that when you're listening to it, you keep wanting to interrupt the person next to you (who is generally reading the sports news), and share another fascinating snippet.
Claudia Hammond presents the results of a wide range of studies into how we feel, think and act regarding money. She covers topics such as shopping, spending, saving, tipping, bribery and gambling. If you've ever wondered, "why did I buy that?" then this book will give you some insight into why we often act irrationally with our money. Why do I grumble if the supermarket puts up the price of a bottle of gin by a few pence, yet happily shell out £10 for a cocktail in a bar? And, there's a section at the end on how we can improve our money habits - in part, simply by being aware of the way our brains work.
Hammond, with her radio experience, naturally does a very good job of the narration. However, it is a pretty dry topic and I was getting a wee bit 'over it' by the end of 9 1/2 hours.
Insightful & informative. This book has protected me from making mistakes with money.
I agree with others that it's long winded (they could have edited the book more ruthlessly), but it's all valuable content.