Carl reflects on the profound significance of the words we use to describe money, such as "means of exchange" and "store of value." He explores the historical context of exchanging goods and services, highlighting the personal connection and value inherent in these interactions. Carl will leave you with a question, "What does it mean to exchange?" He encourages us to contemplate the deeper implications of our relationship with money!

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

Carl explores the profound disconnect we've developed in our relationship with money, contrasting it with historical exchanges of goods and services imbued with personal connection. He emphasizes the importance of reconnecting with the essence of these exchanges, viewing money as a representation of life energy.

Listen to this episode and then stop to think about the trade-offs inherent in your financial decisions. Carl asks us to examine our relationship with money as a pathway to healing and wholeness.

In this episode of Behavior Gap Radio, Carl challenges listeners to reconsider their relationship with money. Drawing parallels between friendships and financial interactions, Carl prompts listeners to reflect on their emotional responses to money and envision a more positive relationship dynamic. 

Carl shares a quick practice to try out today! He encourages listeners to articulate their relationship with money in three words and contemplate what a healthy relationship with money would entail. 

If this episode made you think about your relationship with money, share your reflections with Carl by emailing [email protected].

Carl addresses the pervasive struggle with the concept of "enough" and its roots in the human brain's scarcity mindset. Drawing insights from Michael Easter's book, "The Scarcity Brain," Carl explores how our brains are wired to constantly seek more. It turns out that we often associate "less" with negativity and view abundance as the ultimate goal. But in today's age of plenty, this mindset can lead to maladaptive behaviors.

In this episode of Behavior Gap Radio, Carl offers listeners a pathway toward embracing sufficiency and contentment!

In this episode of Behavior Gap Radio, Carl talks about the profound influence of money on our lives through a poignant quote from John Armstrong's book, "How to Worry Less About Money." Reflecting on the multifaceted nature of our relationship with money, Carl shares how it shapes our identity, attitudes toward others, and even societal dynamics. He challenges conventional notions of money as mere spreadsheets and calculators, highlighting its role in evoking feelings of anxiety, desire, and power. In this episode, Carl invites listeners to reconsider their perspectives on money and its broader implications on personal and societal well-being.

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

"What economic class were you in junior high?" In this episode of Behavior Gap Radio, Carl reflects on the significance of this question.

Carl offers two follow-up questions to deepen the conversation:

"How did you know?"
"Can you share a story with me about how you knew?"

Have a story to share? Email Carl at [email protected]!

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

In this episode of Behavior Gap Radio, Carl shares a powerful anecdote about the impact of meaningful conversations about money within relationships. Drawing from his podcast "50 Fires," Carl recounts how a simple question—what's your earliest memory of money?—led to profound insights between a financial planner friend and his spouse of 15 years. The resulting hour-long discussion went beyond tactical finances, revealing personal stories and childhood experiences that deepened their understanding of each other. 

Carl encourages listeners to initiate similar conversations with their loved ones!

Listen to 50 Fires: Money and Meaning with Carl Richards: https://apple.co/47o5vP0

In this episode of Behavior Gap Radio, Carl reflects on the importance of protecting confidence. He delves into the challenges of navigating social media and external feedback while creating meaningful work. With a commitment to prioritize craftsmanship and continuous improvement, Carl shares his dedication to producing high-quality content that resonates with his audience. 

Listen in as Carl explores the significance of certainty and control in various aspects of life, particularly with our finances. In this episode of Behavior Gap Radio, Carl highlights how our behaviors, tactics, and mindsets differ based on the level of certainty and control we perceive in different areas of our financial lives. Drawing from personal experiences, he emphasizes the importance of understanding and acknowledging these factors to make informed decisions and avoid disappointment.

Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

Today on Behavior Gap Radio is all about the importance of error correction mechanisms in our lives. Carl challenges the notion of avoiding being wrong and embracing the practice of actively seeking disconfirming evidence. Drawing from personal experiences, he reflects on how confirmation bias often leads us to defend our theories about the future, hindering our ability to adapt and learn. Instead, he advocates for celebrating errors as opportunities for growth and truth-seeking, suggesting that establishing conditions for being "less wrong" tomorrow is more valuable than striving for precise correctness today.