

1846: How to Make a Financial Plan That Actually Works
Jun 30, 2025
Caroline Adams Miller, a magna cum laude Harvard grad and an expert in goal setting, discusses the art of creating effective financial plans. She emphasizes the need for clear, evidence-based goals and addresses the unique challenges women face in achieving them. The conversation dives into combating gender bias in financial advice and highlights the importance of solidarity among women in the workplace. Additionally, Caroline explores using AI to enhance goal-setting and shares her journey behind her new book, 'Big Goals,' celebrating personal and professional milestones.
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Episode notes
Dual Nature of Goals
- Goals break into learning goals and performance goals with distinct strategies for each.
- Learning goals focus on acquiring new skills; performance goals improve tasks you've done before.
Make Financial Goals Specific
- Set specific, challenging financial goals with clear metrics for progress.
- Break goals into learning and performance phases with deadlines and accountability.
Purpose and Support Matter
- Identify your intrinsic purpose or "ikigai" that drives passion for your goals.
- Share your precious goals only with supportive people who actively encourage you.