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 readers to clearly see how finances are intertwined with life well-being. In this book, readers 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
A Wealth of Well-Being: A Holistic Approach to Behavioral Finance earns a well-deserved spot in the libraries of financial advisors, financial planners, investors, and all individuals looking to move beyond standard finance and enhance both financial well-being 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 readers to clearly see how finances are intertwined with life well-being. In this book, readers 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
A Wealth of Well-Being: A Holistic Approach to Behavioral Finance earns a well-deserved spot in the libraries of financial advisors, financial planners, investors, and all individuals looking to move beyond standard finance and enhance both financial well-being and life well-being.
Table of Contents
Introduction 1
Chapter 1: Financial, Social, Cultural, and Personal Capital 7
Chapter 2: Financial Capital 19
Chapter 3: Saving and Spending 35
Chapter 4: Investing 51
Chapter 5: Dating and Marriage 61
Chapter 6: Widowhood and Divorce 81
Chapter 7: Parents and Children 91
Chapter 8: Elderly Parents, Grandparents, Siblings, and Pets 115
Chapter 9: Friendship 135
Chapter 10: Health 153
Chapter 11: Work 169
Chapter 12: Education 197
Chapter 13: Religion 227
Chapter 14: Society 235
Chapter 15: Conclusion 263
Notes 269
About the Author 367
Author Index 369
Subject Index 381
