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In this episode, Carl brings together many of the ideas he’s been exploring around risk, options, commitment, capital, and meaning to ask one central question: How do we come to know what matters enough to reorganize our lives around? He explores why discovering what matters may require more than introspection, how small experiments and meaningful risks can reveal what we truly care about, and why the real work begins when we start aligning our money, energy, time, and attention with those discoveries. It’s an exploration of what makes us come alive, what we’re willing to carry, and how we give meaning material form in our lives.
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In this episode, Carl reflects on an unexpected physical response to hearing about the deliberate constraints that shaped the life of Herbert Simon. Despite an extraordinarily expansive intellectual life, Simon simplified everyday decisions around clothes, food, home, and routine, and something about that made Carl’s whole nervous system settle. It’s an exploration of constraints, freedom, and the possibility that making parts of life smaller and simpler can create more room for the things we care about most.
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, Carl explores one more possibility behind our desire to keep our options open: maybe we’re simply avoiding the feeling of letting something go. Whether it’s an old project, another career, a place we might someday live, or a different version of ourselves, closing the door can feel like a real loss. Carl reflects on the hidden cost of keeping those possibilities alive and asks a useful question: Am I preserving something genuinely valuable, or am I just avoiding the feeling of saying goodbye?
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In this episode, Carl explores a hidden cost of keeping our options open: it keeps comparison alive. Drawing on research showing that people often become happier with choices they can’t undo, he considers how an open door can leave us endlessly wondering whether something else might have been better. Sometimes, the thing that allows us to become satisfied with a decision is simply making it, closing the door, and giving ourselves a chance to fall in love with what we’ve already chosen.
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, Carl challenges the familiar advice to “keep your options open.” While optionality can be valuable, he explores the situations where refusing to choose may actually be the greater risk, because commitment itself creates possibilities, information, relationships, mastery, and meaning. The real question isn’t whether options are valuable, but what kind of terrain you’re in: one where value comes from preserving the choice, or one where value only appears after you make it.
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, Carl explores a surprising cost of keeping our options open: the energy required to keep wondering what else we could be doing. Inspired by an idea shared by David Epstein about the freedom that comes from commitment, Carl considers whether what we call “freedom” is sometimes just an exhausting collection of unmade choices. What if real freedom comes from choosing? It’s a thoughtful invitation to trade some of our options for the energy to fully live the life we’ve actually chosen.
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, Carl explores a distinction that has changed the way he thinks about work: Are you an entrepreneur or an artist? While entrepreneurs are often taught to make themselves less essential to the business, Carl wonders whether the opposite is true for artists and craftspeople, where the goal may be to put more of yourself into the work, not less. It’s a thoughtful look at delegation, craft, and why knowing which game you’re playing can completely change how you build your work.
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, Carl reflects on the tension between restlessness and contentment. As someone with no shortage of ideas, he knows the excitement of chasing the next project, but also the wasted energy that can come from following every new possibility down a rabbit hole. Rather than choosing between being adventurous and being settled, Carl wonders what it would look like to hold both, learning when to follow the energy of a new idea and when to simply let the snow globe settle.
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, Carl rethinks delegation through a simple lesson from an emergency room doctor: Focus on doing what only you can do. He explores the hidden costs of delegation, from training and mistakes to the cognitive load of checking someone else’s work, and asks whether the real goal is not to delegate tasks, but to delegate ownership. It’s a practical reflection on deleting, automating, delegating, and knowing when the simplest answer might be to just do the thing yourself.
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, Carl explores an important distinction in the craft of advice: Experts are useful when we need answers, but peers may be far more valuable when we need to change. Drawing on his experience with structured peer groups, he reflects on why behavior change often requires autonomy, reflection, accountability, and repeated practice rather than more expertise. It’s a thoughtful look at when to teach, when to step back, and how creating the right conditions can help people discover and act on their own answers.
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/
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