50 Fires: Money and Meaning with Carl Richards

Facing a Tough Financial Decision? Try The Overnight Test


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Making tough financial decisions can be overwhelming, especially when emotions and biases come into play. In this mini episode of 50 Fires, Carl shares a powerful mental tool he calls The Overnight Test. This simple yet effective exercise helps navigate the inertia of holding onto investments, properties, or even routines that no longer serve us.


Through real-life stories—including a long-abandoned family cabin, an under-performing stock, and a small business owner's dilemma—Carl illustrates how changing our perspective can lead to better, more intentional choices. Whether you're struggling to let go of something or just looking for a fresh way to evaluate your decisions, this episode will leave you with a practical strategy to use in everyday life.

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