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A Wealth of Well-Being

A Holistic Approach to Behavioral Finance

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A Wealth of Well-Being

By: Meir Statman
Narrated by: David Colacci
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About this listen

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

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Great insight and review of well-being in the modern age

Meir Statman does great in giving insight and reviewing the key points that affect well-being in individuals living in today's society, and how they may have changed from the past. I feel the book touches on the human action of individuals and how we each individually strive for different things to embrace the feeling of well-being. Very well written and highly recommended to anyone looking to dive into the psychology of not only financial well-being, but life well-being as a whole.

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