From the award-winning author whose book The Psychology of Money has dominated South African bestseller lists since 2020, comes a revolutionary guide to finding joy and meaning through wealth.

Morgan Housel's highly anticipated third book, The Art of Spending Money, offers readers practical psychological tools to harness the power of money for a happier life.

While his previous work explored how we think about risk, greed, and saving, Housel now tackles the next crucial question: Can spending money make you happier? His answer is a resounding "Yes," but with a crucial caveat. In The Art of Spending Money, Housel argues that many of us fail to unlock money's potential for joy, either by spending on the wrong things or by avoiding investments that would truly enhance our well-being.

Instead of rigid budgets or conventional financial advice, the book provides a masterclass in the psychology of spending. Readers will discover how to:

• Align their expectations with their income to find contentment.
• Distinguish between envy and admiration to make smarter financial choices.
• Invest in future happiness while skillfully avoiding regret.
• Understand the dangers of "social debt" and how it impacts financial freedom.
• Embrace the radical idea that the fastest way to build wealth is by going slow.

'The Art of Spending Money: Simple Choices for a Richer Life' is published by Pan Macmillan South Africa