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Today, we welcome back Prof. Meir Statman to talk about the role of finances in well-being. We investigate the role of finances in well-being with Prof. Meir Statman through the lens of his new book, A Wealth of Well-Being. Discover why wealth advisors must evolve into well-being advisors and uncover the impact of finances on various life domains. From dating to education, we discuss the profound financial correlations shaping happiness and well-being. Tune in now!
Timestamps:
0:00:00 Intro
0:00:30 How life well-being fits into the study of behavioral finance
0:06:10 The role do finances play in life well-being
0:11:02 The role do Meir sees for financial advisors in improving their clients’ life well-being
0:16:28 The importance to life well-being that someone’s financial capital is relative to the people around them
0:19:53 How the gap between what we have and what we aspire to have affects life well-being
0:22:32 Whether too much self-control can impact life well-being
0:26:17 How finances affect dating and marriage
0:29:11 The role work plays in well-being
0:31:40 The effect education has on life well-being
0:39:22 How religion affects life well-being
Links From Today’s Episode:
Rational Reminder on iTunes - itunes.apple.com/ca/podcast/t....
Rational Reminder Website - rationalreminder.ca/
Rational Reminder on Instagram - / rationalreminder
Rational Reminder on X - / rationalremind
Rational Reminder on KZfaq - / channel
Rational Reminder Email - info@rationalreminder.ca
Benjamin Felix - www.pwlcapital.com/author/ben...
Benjamin on X - / benjaminwfelix
Benjamin on LinkedIn - / benjaminwfelix
Cameron Passmore - www.pwlcapital.com/profile/ca...
Cameron on X - / cameronpassmore
Cameron on LinkedIn - / cameronpassmore
Prof. Meir Statman - www.scu.edu/business/finance/...
Prof. Meir Statman on X - / meirstatman
Episode 258: Prof. Meir Statman - rationalreminder.ca/podcast/258
Books From Today’s Episode:
A Wealth of Well-Being - www.amazon.com/Wealth-Well-Be...
Behavioral/dp/1394249675