Behavior Gap Radio

How can we redefine our sense of enough beyond just financial metrics? Today, Carl explores the concept of "enough." During a discussion with economist Stephanie Kelton, Carl asked her how she thinks about enough and what she hopes her daughter would say about her relationship with money in the future. Stephanie's response highlighted the importance of feeling secure, but she acknowledged that security isn't solely about money. Carl emphasizes that while some amount of money can make it easier to explore enoughness, tying the concept of enough to a specific number is futile!

Listen to 50 Fires: Money and Meaning here: https://podcasts.apple.com/us/podcast/50-fires-money-and-meaning-with-carl-richards/id1709551590

In this episode, Carl addresses the deep-seated fear many have about running out of money. He reflects on how much of our anxiety about money stems from a future that may never happen, prompting the question, "What will we do when the money runs out?" This worry often distracts us from the present and the people we care about. Instead, Carl suggests we think of money as a flow, much like gathering firewood when needed, and reminds us of our inherent ability to handle challenges as they arise. How would our perspective on money change if we trusted in this flow?

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/

Have you ever questioned the truth of your money beliefs? Today, Carl explores the idea of honest money stories by asking, "Are you sure that's true?" He shares his journey of examining his own financial narratives and encourages listeners to question their own long-held beliefs about money. Carl discusses how self-judgment can arise during this process and stresses the importance of staying neutral. By challenging our stories, Carl aims to uncover deeper truths and build a healthier 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/

In this episode of Behavior Gap Radio, Carl reflects on a conversation with Shannah Game from the podcast "Everyone's Talkin' Money." Shannah's question, "What does money mean to you?" prompted Carl to examine his own relationship with money more honestly. Initially, he answered "freedom," but realized this was a mask for his true feelings of fear and anxiety about finances. How often do we hide our real emotions about money? Carl discusses how his family’s choices, like moving to New Zealand, were investments in experiences despite financial uncertainties. He shares his journey from fear to freedom, encouraging listeners to rethink their own financial stories.

Listen to Carl's episode of 50 Fires: Money and Meaning with Shannah Game here: https://podcasts.apple.com/us/podcast/finding-financial-forgiveness-with-trauma-of/id1709551590?i=1000661018142

In this episode of Behavior Gap Radio, Carl explores the concept of "honest money stories." Reflecting on personal experiences and conversations with friends, he delves into the common tendency to use financial limitations as a shield to avoid meaningful discussions about choices and priorities. Why do we often hide behind money when discussing our true values? Carl emphasizes the importance of being truthful about why we spend or save money the way we do, challenging listeners to rethink their narratives around affordability. Join Carl as he navigates the path to financial honesty and the deeper conversations it can inspire.

Today, Carl explores the complexities of making life changes, sharing personal stories and insights from a friend. Why do long-standing habits and behaviors often serve a deeper purpose, even when we want to change them? Carl talks about his struggles with sugar consumption and the "starving artist" mindset. He explains that real change happens when the discomfort of staying the same outweighs the pain of changing.

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/

Are you too confident for your own good? In this episode of Behavior Gap Radio, Carl explores the "overconfidence gap," where confidence exceeds competence, leading to big mistakes. He draws on insights from Nobel laureate Daniel Kahneman and the Dunning-Kruger effect to show how overconfidence can hinder growth. Carl shares personal stories and practical advice on staying open to new knowledge and embracing humility. Tune in to learn how recognizing and addressing the overconfidence gap can improve your judgment and relationships.

In this episode of Behavior Gap Radio, Carl talks about how a single thought or brief interaction can transform our perspective and mood. He explores the idea that we're often just one thought away from seeing the world differently!

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 talks about his visit to the local farmers market and the idea of hyperlocal investing. He shares his meaningful interactions with vendors, like buying honey to help with allergies and chatting with a goat milk farmer. Carl reflects on the sense of community and connection he felt, highlighting how investing time and money locally can bring a unique return on happiness. He encourages listeners to visit their local markets, invest in their communities, and share their experiences with him by emailing [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/

Today, Carl delves into the concept of hyperlocal investing, exploring its potential to foster deep connections within our communities. Sharing a story about a flower farmer's journey, he illustrates the tangible and emotional returns of investing locally. Listen in as Carl invites listeners to conduct a personal experiment by supporting their local farmers market or small businesses, paying close attention to the sense of connection and happiness it brings!

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/