Bonus Episode - Prof. Meir Statman: A Wealth of Well-Being The Rational Reminder Podcast

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!


Key Points From This Episode:



(0:00:15) Introduction to returning guest, Prof. Meir Statman.
(0:02:15) How well-being fits into the study of behavioural finance.
(0:06:52) Discover the role of finances in different domains of life well-being.
(0:10:42) Hear why wealth advisors need to change to being well-being advisors.
(0:14:59) Explore the relationship between finances, social status, and overall well-being.
(0:19:46) Whether too much self-control in spending can be a problem.
(0:22:46) The effect of finances on dating and marriage and how work plays into well-being.
(0:26:42) Find out how education fits into well-being and why it is a major regret for people.
(0:32:36) Gain insights into how religion and faith can enhance well-being.
 
Links From Today’s Episode:
Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — https://rationalreminder.ca/ 
Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/
Rational Reminder on X — https://twitter.com/RationalRemind
Rational Reminder on YouTube — https://www.youtube.com/channel/
Rational Reminder Email — info@rationalreminder.ca
Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/ 
Benjamin on X — https://twitter.com/benjaminwfelix
Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/
Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/
Cameron on X — https://twitter.com/CameronPassmore
Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/
Mark McGrath on LinkedIn — https://www.linkedin.com/in/markmcgrathcfp/
Mark McGrath on X — https://twitter.com/MarkMcGrathCFP
Prof. Meir Statman — https://www.scu.edu/business/finance/faculty/statman/
Prof. Meir Statman on X — https://twitter.com/meirstatman 
Episode 258: Prof. Meir Statman — https://rationalreminder.ca/podcast/258
 
Meir's Book: A Wealth of Well-Being — https://www.amazon.com/Wealth-Well-Being-Holistic-Approach-Behavioral/dp/1394249675