A Wealth of Well-Being: A Holistic Approach to Behavioral Finance

Summary

Unravel the complex relationship between finances and life well-being

In A Wealth of Well-Being: A Holistic Approach to Behavioral Finance, Professor Meir Statman, established thought leader in behavioral finance, explores how life well-being, the overarching aim of individuals in the third generation of behavioral finance, is underpinned by financial well-being, and how life well-being extends beyond financial well-being to family, friendship, religion, health, work, and education.

Combining recent scientific findings by scholars in finance, economics, law, medicine, psychology, and sociology with real-life stories at the intersection of finances and life, this book allows listeners to clearly see how finances are intertwined with life well-being. In this book, listeners will learn:

● How dating, marriage, widowhood, and divorce are all affected by finances and affect them

● Why the relationship between parents, grandparents, children, and friends changes as finances fluctuate

● How finances affect choices of education, such as colleges, and how these choices vary across different cultures around the world