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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Shifting Paradigms: Our Changing World and Beneficiaries’ Attitudes to Wealth
In today's rapidly evolving world, traditional norms surrounding wealth, inheritance, and financial legacy are undergoing significant...
Beyond Financial Planning: The Role of Wealth Psychology in Empowering the Next Generation
The passing down of generational wealth is about more than just numbers on a balance sheet or assets in a portfolio. It's about legacy, values, and...
Why Wealth Psychology Should Be an Integral Part of Succession Planning
Succession planning, traditionally seen as a financial and legal process, is undergoing a paradigm shift. It's no longer just about transferring...
What Does Successful Wealth Transfer Mean?
Wealth transfer is not just about the mere movement of assets from one individual or generation to another. It's an intricate process that...
The Importance of Keeping Generational Legacy Alive
Generational legacies are the lifelines that connect past, present, and future family members. More than just a continuation of wealth, they...
Family Offices: The Importance of Preparing for the Non-Financial Challenges of Wealth Management
When one hears "wealth management," the immediate association often gravitates towards portfolios, assets, investments, and financial strategies....
Dr. Lami’s Guide: Instilling Values for Successful Wealth Transfer to Children
The inheritance of wealth goes beyond the mere transfer of financial assets. It's a legacy that carries the family's values, traditions, and...
The Importance of Mindfulness in Wealthy Families
For many, the word "wealth" conjures images of lavish lifestyles, opulent homes, and luxurious vacations. While the perks of affluence are...
Family Sustainability and Wealth: The Crucial Role of Aligning Visions and Values
Throughout my years of working with wealthy families, I have observed that the heart of lasting prosperity lies far beyond mere financial assets....
Transforming The Way We Think About Wealth
The topic of wealth has been the center of countless discussions, philosophical debates, and societal reflections. While the markers of wealth have...
Preserving Family Wealth: Dr. Lami’s Tips for Preparing Your Offspring for Inheritance
The transfer of family wealth across generations is not merely a transactional event; it's a pivotal moment that shapes the individuals, the legacy,...
The Emotional Quotient of Financial Decisions: Exploring Wealth Psychology
When exploring wealth psychology we notice that every financial decision we make, whether we are aware of it or not, is influenced by a complex...