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A weekly reality check on sensible investing and financial decision-making for Canadians. Hosted by Benjamin Felix and Cameron Passmore.

Apr 18, 2024

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 —
Rational Reminder Website — 

Rational Reminder on Instagram —

Rational Reminder on X —

Rational Reminder on YouTube —

Rational Reminder Email —
Benjamin Felix — 

Benjamin on X —

Benjamin on LinkedIn —

Cameron Passmore —

Cameron on X —

Cameron on LinkedIn —

Mark McGrath on LinkedIn —
Mark McGrath on X —

Prof. Meir Statman —

Prof. Meir Statman on X — 

Episode 258: Prof. Meir Statman —


Meir's Book: A Wealth of Well-Being