Evidence-Based Advice: The Science Supporting Financial Wellbeing: Cameron Waldron

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 Waldron01:32 Financial wellbeing definitions03:37 The Financial Wellbeing Lab08:38 Building conversations • Emergency funds11:42 Financial skills vs financial literacy15:08 The advice gap doesn’t exist18:30 Different needs of urban and rural communities26:53 Intergenerational wealth transfer31:25 Misuses of science in the financial industry39:19 Critically evaluating research • Books are useless - ⁠⁠⁠⁠⁠⁠www.adviceamplified.co.uk⁠⁠⁠⁠⁠⁠ - Follow Advice Amplified: ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠YouTube⁠⁠⁠⁠⁠⁠⁠⁠ - Follow Ningi: ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠