The Psychology of Money by Morgan Housel

Money talks — but what is it really saying to you?
That’s the powerful question at the heart of Morgan Housel’s The Psychology of Money, a book that doesn’t throw spreadsheets or stock tips at you — instead, it explores the emotions, stories, and deeply human quirks that shape the way we relate to money.

And let me tell you — for us as Entertainers, artists, and creatives? This book hits different. 🎭✨

Why This Book Matters to Creatives

As artists, we don’t always follow the “traditional” financial path.
We might have feast-and-famine income.
We invest in dreams before they pay.
We take risks others wouldn’t.

The Psychology of Money doesn’t judge — it understands.
It tells you: It’s not just about what you know. It’s about how you behave.

Morgan Housel breaks down timeless lessons like:

  • Why being reasonable beats being rational
  • Why wealth is what you don’t see (aka: what you don’t spend)
  • Why your personal history shapes your view of money more than any financial expert ever will

My Favorite Takeaways 🎬💸

  1. You don’t need to be brilliant to build wealth. You need to have the right habits.
    Success with money has more to do with behavior than knowledge.
  2. Save like a pessimist. Invest like an optimist.
    This one stopped me in my tracks. It’s okay to prepare for tough times while still believing in your big creative future.
  3. Freedom is the highest dividend money pays.
    YES. This is everything. More than stuff or status — money gives you time, choice, and peace. And for creatives, that’s pure gold.

How to Use This Wisdom in Your Entertainer’s Life 🎤🎨

✅ Build a Quiet Season Fund — not because you’re afraid, but because you’re committed.
✅ Don’t compare your path to others. Your journey is yours alone.
✅ Ask: How can I use money to support my creativity, not stress it?

Final Word

If you’ve ever felt like money was confusing, frustrating, or intimidating — this book is a loving, practical reset.
It’s not about becoming a millionaire (though that’s cool too).
It’s about becoming aware, intentional, and empowered.

This is the kind of book I wish every entertainer, artist, and dreamer would read at the start of their journey — or right now, wherever you are.

You can find this book in both print and audio from your public library or library app.  If you would like to purchase the book please click on the link below and support local booksellers around the world:

 

Entertainers Life Book Club Picks

 

 

Here’s what we’ve been reading so far…

Think Like a Monk by Jay Shetty

Our very first Book Club read—and for good reason. This book offers powerful, practical wisdom to help artists quiet the noise, stay focused, and align their mindset with their purpose. A transformative read for any creative looking to find clarity and peace in the chaos.
👉 Click here to learn more

Daily Rituals Women at Work

Recommended by our inaugural Featured Entertainer, Gioia De Cari, this book is a fascinating glimpse into the daily routines of groundbreaking women artists. It’s a celebration of process, resilience, and the many unique ways women make space for their creativity.
📖 Discover the book and Gioia’s story here

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Victoria Medina, Founder and thrilled to welcome you to Entertainers Life!  A platform designed just for you, celebrating all facets of your unique lifestyle, so explore, discover, and share, because You know being an Entertainer is not just a career, but a way of life.

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Until Next Time

As we wrap up, remember: each step you take on your artistic journey is a bold brushstroke in the masterpiece of your career.
Look out for Entertainers Life next blog post? I’ll be diving into a crucial aspect of our lives: legal matterscontracts and agreements. Trust me, you won’t want to miss this!
Plus, I’ll be revealing a service that has been a lifesaver for me over the years—one that could be invaluable to you too!

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