

Behavior Gap Radio
Carl Richards
Greetings, Carl here.
This podcast is super simple, it's me wandering through the world noticing things about how to align my use of capital (time and money) with what is actually important to me.
-Carl
This podcast is super simple, it's me wandering through the world noticing things about how to align my use of capital (time and money) with what is actually important to me.
-Carl
Episodes
Mentioned books

Jul 12, 2024 • 7min
1100 | The Bigger Goal!
Sharon Salzberg, a thought leader advocating for deeper values over material pursuits, challenges conventional views on goal-setting. She argues that many goals are trivial and encourages a shift towards aspirations rooted in security and validation. The conversation explores the balance between goal-setting and mindfulness, suggesting that embracing this tension can enhance understanding of personal aspirations. Ultimately, it promotes seeking meaningful goals that resonate with true fulfillment and self-worth.

Jul 11, 2024 • 6min
1099 | Change the Norms or the Group
Explore how societal norms can impact personal goals and habits through a friend's story about cycling in the Netherlands. Discover the struggles of maintaining personal values when faced with cultural pressures. Learn the importance of curating your community to support personal growth, and how changing group dynamics can enhance well-being. This thought-provoking discussion prompts listeners to consider how they can navigate or reshape their environment to align with their values.

Jul 10, 2024 • 3min
1098 | Spend the Money
Explore the value of investing in experiences rather than material goods. Discover how spending on moments with loved ones leads to lasting happiness. The discussion tackles common feelings of guilt and fear that keep us from prioritizing meaningful experiences. Learn why creating memories is more fulfilling than accumulating possessions!

Jul 9, 2024 • 5min
1097 | The Value of Less
Explore the fascinating art of condensing complex thoughts into clear messages. Discover the challenges and rewards of brevity as a means of effective communication. The discussion draws parallels between early ideas and polished content, emphasizing the importance of refinement. Listeners are prompted to reflect on how concise ideas can enhance both their personal consumption and investment strategies. It's all about finding value in the clarity of thought!

Jul 8, 2024 • 5min
1096 | Remember, Remember, Remember
Carl examines recency bias, the tendency to project recent events into the future, especially during financial ups and downs. How can recency bias lead us to make irrational financial decisions based on fear or greed? Carl stresses the need for a resilient financial plan that anticipates market changes and encourages expanding our perspective beyond recent events. By broadening our view, can we better navigate financial decisions and avoid the traps of recency bias?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/

Jul 4, 2024 • 7min
1095 | Love Compounds Quietly
How can we shift focus from the fleeting appeal of negativity to the enduring value of positive connections? In this episode of Behavior Gap Radio, Carl reflects on the subtle yet profound impact of love and kindness. He questions how we can cultivate these quiet virtues amid a world often dominated by loud, negative attention.

Jul 3, 2024 • 5min
1094 | Money's Job Description
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

Jul 2, 2024 • 9min
1093 | When the Money Runs Out
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/

Jul 1, 2024 • 3min
1092 | Are You Sure?
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/

Jun 28, 2024 • 4min
1091 | My Honest Story About Money
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