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.
Spears – Best Family Business Advisors, Wealth Advisor & Psychologist
I am very proud to be listed on Spears 500 magazine as one of the top recommended family business advisors, wealth advisor & psychologists...
Reflecting on Elite Summit 2024: A Fusion of Insight and Innovation
The curtains have closed on another enlightening Elite Summit, leaving us enriched with knowledge. The participation of many esteemed speakers made...
Common Issues I Observe in My Work as a Wealth Psychologist
Working with ultra-high-net-worth (UHNW) families, family businesses, and family offices has taught me one crucial truth: wealth brings...
Are There Different Wealth Challenges at Different Ages?
Wealth brings opportunities and responsibilities, but the challenges that come with it evolve as we move through life. At each stage, our...
Common Issues in Family Offices Observed by a Wealth Psychologist
Family offices play a vital role in managing the financial, legal, and personal affairs of ultra-high-net-worth (UHNW) families. While they provide...
Cutting Costs and Reducing Stress: Estate Planning Simplified
Estate planning is often seen as a complicated, expensive, and stressful process. Many people avoid it because they feel overwhelmed by the...
How Pre-Planning Can Eliminate Legal Headaches and Keep You Calm
Estate planning often feels like a legal minefield—one misstep can lead to costly and time-consuming complications for your loved ones. From probate...
Estate Planning Without the Headaches: Effective Pre-Lawyer Strategies
Estate planning is often perceived as a daunting, headache-inducing process. The mere thought of gathering documents, making complex decisions about...
Estate Planning 101: Essential Basics Everyone Should Know
Estate planning is an essential process that everyone, regardless of wealth or family size, should undertake. It ensures that your wishes are...
Avoid Legal Headaches: Why Early Estate Planning Matters
Estate planning is often seen as something that can be put off until later in life. However, the reality is that early estate planning is crucial...
Save Time and Money: Estate Planning Preparation Before You See a Lawyer
Estate planning is a vital process, but one that often comes with significant legal fees if approached without preparation. Lawyers, though...
How Survivorship Life Insurance Policies Can Assist in Estate Planning
Survivorship life insurance, also known as second-to-die life insurance, is a unique type of policy designed to cover two individuals, typically a...
How to Avoid Costly Mistakes in Estate Planning
planning is a critical process that ensures your assets are distributed according to your wishes and your loved ones are protected after you're...