The Psychology of Money Blog
Welcome to Dr. Lami’s Wealth Psychology Blog!
On this page you will find articles and information related to the psychology of money and wealth.
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The Psychology of Wealth and Materialism: Insights from a Wealth Psychologist
Dr Lami features in a recent online article with mrporter.com discussing the popular HBO series Succession and the insights we can gain from the...
How to deal with Stress Induced by Finances and Our Mental Health
Many people feel stressed due to money. In Canada two out of every five reported that their finances were their biggest concern. According to a...
Finance and wellbeing when dealing with the Coronavirus
With the continued spread of the Coronavirus putting our oldest and most vulnerable at risk and with more and more of the world’s economy being shut down because of the virus mental health and finance has been brought to the fore.
Many people feel concerned and experience anxiety due to Corona pandemic. This is not surprising. It touches upon our own survival instincts in the face of uncertainty.
How can you help your children during Corona pandemic?
During this time it is important to remember that parents should not implement rigid schedules or that routines need to be exactly the same, but rather, some regular routines should be created and maintained at each household. It is also vital to communicate with your children on a consistent basis with what is happening (age appropriate) and what they should expect. This will provide them with a sense of calm and constancy that may be valuable during this period.
How do you reduce stress during times of financial uncertainty?
How do you reduce stress during times of financial uncertainty? Many people feel the stress or experience anxiety due to Corona pandemic. Worrying...
Wealth Transfer and Family Conflicts
When it comes to being successful, everyone has unconscious internal obstacles. These obstacles fall into four categories: Practical, Emotional, Mental and Spiritual.
Many people feel concerned and experience anxiety due to Corona pandemic. This is not surprising. It touches upon our own survival instincts in the face of uncertainty.
Members Only: CROSSING THE GENERATIONS – Communication Breakthrough
Members Only: Preparing Children to Be Custodians of the Family Wealth
Members Only: Pillars for Wealth Parenting
Members Only: Philanthropy – For the love of mankind
Wealth Transfer and Family Conflicts
In virtually all families, assets will be transferred from one generation to the next. Yet when those assets carry significant monetary value, as is customary within wealthy families, inter-generational conflict can often arise and develop into a serious issue.
