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Podcast: Your Financial Pharmacist
Episode: YFP 035: The Science of Behavioral Finance: An Interview with Sarah Stanley Fallaw, Ph.D
Description: On Episode 035 of the Your Financial Pharmacist Podcast, Tim Baker, CFP interviews Sarah Stanley Fallaw, Ph.D, the founder and President of Data Points. Sarah is continuing the study of wealth in America started by Thomas J. Stanley, Ph.D. using analytics to identify and develop wealth potential.  Show Notes How Sarah's company applies the lessons in The Millionaire Next Door by Dr. Thomas Stanley Discussion about the factors that measure our propensity to build wealth Frugality Confidence Focus Social Indifference Responsibility Planning & Monitoring The importance of net worth How to apply behavioral finance between couples Role responsibility How to approa...