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 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...
Equipping Wealth Advisors: Understanding Clients’ Attitudes Towards Wealth
In my years of working with the none-financial aspects of wealth management, I've come to recognize that the successful management of high-net-worth...
Succession Planning in Family Businesses: The Role of Wealth Psychology
Succession planning remains one of the most critical yet challenging processes for family businesses. The transfer of leadership, responsibility,...
Dr. Lami’s Insight: The Art of Teaching Children About Sustainable Wealth Management
Wealth management is a responsibility that extends beyond personal affluence. It includes the wise stewardship of resources, a thoughtful approach...
Tackling the ‘Soft Issues’ in Wealth Management: The Importance of Understanding Wealth Psychology
We talk about wealth in tangible terms. However, throughout my years of working closely with affluent individuals and their families, I've...
The Unspoken Building Blocks of Life: The Role of a Wealth Psychologist
When focusing on the The Unspoken Building Blocks of Life we often hear popular phrases like "communication is key" or "relationships are the...
Passing on Prosperity: Dr. Lami’s Guide to Educating Children About Wealth Transfer
Wealth transfer is more than a mere financial transaction; it's a delicate interplay of family values, fiscal responsibility, and the continuity of...
Dr. Lami’s Take: Preparing Your Children for Wealth Inheritance
Preparing your children for wealth inheritance isn't just a transfer of financial assets; it's the handing down of a legacy, values, and a way of...