#LITEROMA Book Review :: ‘Psychology of Money’ by Dr. Rakhi Sameer

  ** Thanks to our reviewer Satabdi Mukherjee for reviewing the book on behalf of Literoma. **


Our attitudes to money are usually determined during childhood–shaped by our experiences, shaped by the attitudes of our parents towards money, and even shaped by the attitude of people around us towards money.


We may have a harmonious relationship with money or we may find it extremely stressful to deal with money. We may even be reluctant to delve into our personal finance. Such attitudes could be harming our lifestyle and the potential to earn and maintain wealth.


Dr. Rakhi Sameer talks about the most commonly seen attitudes towards money and how we can change them for the better. The core message of this book is that one does not have to be afraid of money. When we treat money as a friend, it repays us many times over.


In simple and easily understandable language, she guides us through the influences that lead us to form a relationship with money. She teaches us to examine how we view money. And finally, she helps us nudge our entrenched views and move towards a more harmonious relationship with money.


There are plenty of books about personal finance that teach us the ins and outs of dealing with money, investing it properly and proceeding with caution on money matters. Although this book deals with money, it is slightly different. It helps you take an in-depth look at your relationship with money–how you save and why you save; how you spend and why you spend.


Dr. Rakhi devotes an entire chapter to the million-dollar question: Can money buy happiness? It is fascinating to see how she teases apart each and every aspect of our dealings with money.


She made me introspect and think about how I could improve the way I view money. I’m sure her words will speak to you, too.


My overall rating: 4*/5*.


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