I don’t know about you but I love to read

It’s not unusual that I get through a book a week (and this year have started to review every book I read on my personal website )

I’m also a relatively wide reader. Novels, Biographies, Psychology, History…I love reading as widely as we can. However the nature of  my profession means that I also read a lot of books about money.

There’s a lot of choice when it comes to books about money.

Many of which provide useful insights, meaningful perspectives and help us create better habits. Here’s three of those which are worth reading today…

The Chimp Paradox

You can find the book here.

by Dr Steve Peters

On the face of it “The Chimp Paradox” has little to do with money.

It’s actually a book on how we make decisions and how emotion (together with our previous experience) often take control and define what we do.

Written by Dr Steve Peters, who became well known for the work he did with the British cycling team in 2012 and more recently within a wide range of other sports, the ‘chimp paradox’ is a practical guide to how to make better decisions and how to use both the logical (human) and emotional (chimp) parts of our brain to great effect.

The reason I’d suggest this book is worth reading as a ‘money book’ is for one reason.

Often in many aspects of our lives, and particularly when it comes to our financial affairs, we make decisions based on our heart as opposed to a combination of both head and heart…

The chimp paradox will help you manage your decision making process and therefore regardless of how you manage money will improve your financial decision making process as well as providing a framework which will allow you to make better decisions in many areas of your life.

You can find out more about the book here and more about the Author on his wikipedia page.

Also if you want to read more in this area, Thinking fast and slow by Daniel Khaneman (the link is here ) , who won a nobel prize for his work in this area, is also a ‘must read’.

Next time I’ll tell you about a book which focuses on an area of finance which is often overlooked…what we can spend our money on which makes us the most happy?