Delve into the intersection of science, research, and financial wellbeing with Cameron, owner of New England Financial Solutions. With his rich background in psychology and finance, he offers a unique perspective on how empirical evidence and scientific methodologies can transform our approach to financial advice. Drawing from his extensive research and practical experience, he shares insights into effectively providing financial wellbeing. Join us as Cameron Waldron unravels the complexities of financial advice, education and wellbeing through a critical lens.
In this episode, Cameron and Pete discuss:
00:00 Introducing Cameron Waldron
01:32 Financial wellbeing definitions
03:37 The Financial Wellbeing Lab
08:38 Building conversations • Emergency funds
11:42 Financial skills vs financial literacy
15:08 The advice gap doesn’t exist
18:30 Different needs of urban and rural communities
26:53 Intergenerational wealth transfer
31:25 Misuses of science in the financial industry
39:19 Critically evaluating research • Books are useless
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