New Delhi, March 19 -- Morgan Housel's book "The Psychology of Money" throws light far and wide on why emotion, behavior, and decision-making all have a role to play in equity investing and financial success. The following are seven lessons from the book that will help you create a healthier relationship with money:

In fact, financial success often does involve a fair share of hard work and luck. According to Housel, "Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort." That sets things back into perspective and keeps us humble. This simply means that we humans should understand our realities and limitations fairly and adjust our expectations from life and finance accordingly. ...