192: The Soul of Wealth, with Daniel Crosby
About this episode
Dr. Daniel Crosby discusses his book 'The Soul of Wealth' and the psychological factors influencing financial decisions.
Dr. Daniel Crosby is a psychologist, behavioural finance expert, and New York Times bestselling author, who joins me to discuss his latest book, The Soul of Wealth. Dr. Crosby, known for his groundbreaking insights into how psychological factors influence financial decisions, shares how his book explores the balance between monetary wealth and what he calls "soulful wealth"—the richness found in relationships, health, and personal fulfilment. With 50 short, actionable essays, The Soul of Wealth serves as a practical guide for those looking to rethink their relationship with money and align their finances with what truly matters in life. During our conversation, Daniel discusses key insights from his previous books, showing how behavioural finance helps retirees make smarter, goal-driven decisions. We explore how emotions can undermine financial success and how understanding our behaviour leads to better choices in retirement planning. From mastering delayed gratification to spending in ways that boost happiness, Daniel shares practical advice for redefining wealth beyond just pounds and pence. USEFUL LINKS Standard Deviations Website: https://www.standarddeviationspod.com/…
Topics covered
- behavioural finance
- financial decisions
- wealth
- retirement planning
- personal fulfilment
- psychology
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