Reasonably Happy with Paul Ollinger

That voice in your head isn’t all bad. Sure, it sometimes tells you you’re not good enough or that Bob from Accounting is plotting to get you fired, but your inner dialog can be your friend if you take the time to get to know it. Dr. Ethan Kross is the author of Chatter: The Voice in Our Head, Why It Matters, and How to Harness It. A Professor of Psychology at the University of Michigan and one of the world’s leading experts on controlling the conscious mind, Ethan studies our internal chatter and methods we can implement to get the good stuff out of it and leave the negative stuff behind. In this most excellent conversation, Ethan and I discuss why it’s so hard to live in the present (and if that’s actually a problem), how to distinguish between rumination and obsession (Bob’s out to get me!), and how social media turns up the volume on some of the more negative aspects of chatter (damn you, Instagram!). He also shares pointers on how I can use my inner voice to improve my golf game. (Full disclosure: these actually work!) Ethan founded the Emotion and Self-Control Laboratory at the University of Michigan where he teaches Psychology and Management at the Ross School of Business. His work has been featured in Science, The New England Journal of Medicine, and he has appeared on CBS Evening News, Good Morning America, and NPR’s Morning Edition. A native of Brooklyn, NY, he earned his BA at the University of Pennsylvania and a PhD from Columbia. (Note: Dr. Kross is not affiliated with ‘90s hip-hop duo Kriss Kross.) Check out how you can invest in contemporary art on Masterworks.io! Please support our sponsor. Learn more about Ethan and Chatter - https://www.ethankross.com/ **Please rate and review Crazy Money here. E-mail Paul here. Join the Crazy Money Listeners Group hereAbout Crazy Money:Unlike traditional personal finance shows like Dave Ramsey or Suze Orman, Crazy Money is not about how to make a million bucks, how to beat the market, or how to save money by switching cable providers. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: Philosophy, Happiness, Contentment, Meaning, dreams, purpose, Success, Rat Race, Society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, Mid-Life Crisis, Business, Work, Careers, Authors, Books, Consumerism, Values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth, wealth management, culture, society. Status.Crazy Money is produced and edited by Mike CaranoAre you really still reading?

Lisa Birnbach is the author of over 20 books, includingThe Official Preppy Handbook, which became a cultural phenomenon in the early 1980’s. The book sold more than a million copies, has been cited as an inspiration to the founder of J. Crew and is thought to have boosted the growth of LL Bean.  InT.O.P.H., Birnbach celebrated, skewered, and democratized the concept of preppiness with writing the The New York Times described as “affectionate but acerbic.” Upon re-visiting the book, I found her reflections on money, fashion, status, and the social hierarchy as insightful and hilarious today as they were forty years ago. In this thoroughly enjoyable interview, we talk about the preppy aesthetic, Connecticut, and how the world has (and hasn’t) changed since she launched this juggernaut into being.  Celebrated for her keen eye and sharp wit, Lisa Birnbach is an award-winning journalist, cultural commentator, and best-selling author. She has written for The New York Times, The New Yorker, Parade, Rolling Stone, and New Yorkmagazine. Lisa spoke to me from her home on the Upper West Side of Manhattan.  **Please rate and review Crazy Money here. E-mail Paul here. Join the Crazy Money Listeners Group hereAbout Crazy Money:Unlike traditional personal finance shows like Dave Ramsey or Suze Orman, Crazy Money is not about how to make a million bucks, how to beat the market, or how to save money by switching cable providers. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: Philosophy, Happiness, Contentment, Meaning, dreams, purpose, Success, Rat Race, Society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, Mid-Life Crisis, Business, Work, Careers, Authors, Books, Consumerism, Values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth, wealth management, culture, society. Status.Crazy Money is produced and edited by Mike CaranoAre you really still reading?

What would happen if the richest neighborhood in your town declared itself its own municipality, taking with it the tax dollars of the richest 20% of citizens? That is what might happen here in Atlanta where a well-funded group is petitioning to carve the wealthy neighborhood of Buckhead (coincidentally, where I live) away from Atlanta, into its own city. This initiative has gained traction and has a very real chance of making it to the ballot in November of 2022.  Not that Buckhead residents don’t have good reason to be frustrated with local government. Our police force is diminished and demoralized, and crime is simply out-of-control. Aggravated assaults in Buckhead are up 52% this year over an already violent 2020. And at Lenox Square, a mall that is 2 miles away from my home, there have been a half-dozen shootings and many more armed robberies over the past year or so. It’s a total freaking mess.  On today’s episode, I talk to Bill White, the CEO of the Buckhead City Committee, the group behind the initiative, and to Felicia Moore who is both the President of the Atlanta City Council and a candidate on the ballot for next month’s mayoral election.  This might sound like a local news story but I think it’s relevant to all of us and relevant to the mission of this show because it’s emblematic of where we are as a society and whether or not the wealthy are better off trying to isolate themselves from our relatively less-affluent neighbors and fellow citizens.  I look forward to hearing your feedback. Please email me your thoughts.  To learn about Felicia Moore go here. To learn more about the Buckhead City Committee, go here. RATE and Review Crazy Money here. 

Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist and behavioral finance expert who studies and writes about the intersection of financial markets and the human brain. A New York Times best-selling author, Daniel has published several books, including The Laws of Wealth and The Behavioral Investor, which we discuss in this episode.  His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. Daniel was named one of the “12 Thinkers to Watch” by Monster.com and a “Financial Blogger You Should Be Reading” by AARP.  In this substantive yet light-hearted conversation, Paul and Daniel examine: • Evolution and how we are the descendants of paranoid, twitchy, and skeptical ancestors • The role of self-esteem in achieving positive financial outcomes • How financial advisors (don’t call them “brokers!”) can keep yo from your own • And, of course…gazelles. He also shares insights into his guitar and sneaker fetish. (Well, maybe not “fetish,” but “obsession.”) Listen to Daniel's Standard Deviations podcast here and find his books here.  ❤️ Rate and review Crazy Money by clicking here.  📩  See Paul’s upcoming shows here.  📷Follow Paul on Instagram here.  👒 See Paul’s wife’s fashion accessory, Sidecar here.  About Crazy Money: Unlike traditional personal finance shows, Crazy Money is not about how to make a million bucks, how to beat the stock market, or how to save money by switching credit cards. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: philosophy, happiness, contentment, meaning, dreams, purpose, success, society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, mid-life crisis, business, work, careers, authors, books, consumerism, values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth management, culture, society, status, ambition, accomplishment, perfectionism.  Please stop reading and have a great day. Paul loves you. 

J.R. Martinez joined the Army to give back to the country that accepted his immigrant, single mother and to earn money for college. As a 19-year-old, handsome Infantryman, he quickly deployed to Iraq. One bad day, his Humvee hit a roadside bomb, trapping J.R. inside where burning fuel literally melted the skin from his face and consumed one of his ears. J.R.’s buddies pulled him clear but not before he suffered third-degree burns over almost half body, broken ribs, damaged lungs and physical scarring that remains to this day. Putting J.R. back together required 34 surgeries over the next few years and lots of emotional work to help him come to terms with his new reality. Yet after all of that, J.R. calls this devastating event “a blessing.” Early in his long recovery, doctors invited him to visit newly-injured soldiers. By serving these young men and women, J.R. realized his life still had a purpose and that he could contribute to the well-being of others even with his limited physical capacity. The positive mental attitude that got him noticed by senior officers also earned the attention of Hollywood when he won a role on the soap opera All My Children. That led to a stint on season 13 of Dancing with the Stars, which he and his dance partner (Karina Smirnoff) won! In this unstructured conversation, J.R. and I talk about fatherhood, fertility testing (gotta fill that cup, fellas!), career ups-and-downs, marriage, and J.R.’s journey. He’s an incredible guy and I know you’ll feel better after learning how he made it through all life could throw at him. Check out everything J.R., including his memoir (Full of Heart) and The Rebirth Podcast on his website.❤️ Please rate and review Crazy Money by clicking here. ❤️ Join Paul on Harvard Business School Encore Career Panel - click here.  About Crazy Money: Unlike traditional personal finance shows, Crazy Money is not about how to make a million bucks, how to beat the stock market, or how to save money by switching credit cards. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: philosophy, happiness, contentment, meaning, dreams, purpose, success, society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, mid-life crisis, business, work, careers, authors, books, consumerism, values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth management, culture, society, status, ambition, accomplishment, perfectionism.  On this episode we talk about: Iraq, wounded warriors, soldiers, military, veterans, fatherhood, fertility, marriage.Please stop reading and have a great day. Paul loves you. 

Stevie Van Zandt is best-known as guitarist and founding member of Bruce Springsteen's E Street Band, and for playing Silvio Dante on HBO's The Sopranos and Frank Tagliano on Netflix's Lilyhammer. But as he shares in his new memoir, Unrequited Infatuations, Stevie has done so much more with his time on this earth, even if it all didn’t go exactly as he might have hoped. As a producer, songwriter, and arranger, Stevie has helped countless artists make beautiful music. His songs have been performed by Jackson Browne, Pearl Jam, Nancy Sinatra, and many more. He co-produced Bruce Springsteen and the E Street Band’s The River and Born in the USA, acted in the role of Jerry Vale in Martin Scorcese’s The Irishman, programs and hosts two radio channels on Sirius/XM and—somewhere along the way—found time to fight for causes he believed in, most notably Artists Against Apartheid for which he was honored by the United Nations. In today’s conversation, Stevie shares the frustrations and occasional disappointments of putting your whole heart (and, sometimes, all your money) into your artistic vision. Yet he abides in his passionate pursuit of musical beauty. In the words of his friend, Bruce Springsteen Stevie remains "the planet’s most charismatic, dedicated and visible crusader scrapping to preserve the dirty purity of rock n’ roll.” Buy several copies of Stevie's book at https://www.littlesteven.com/Tell the world that you ❤️ Crazy Money: https://ratethispodcast.com/crazymoney About Crazy Money: Unlike traditional personal finance shows, Crazy Money is not about how to make a million bucks, how to beat the stock market, or how to save money by switching credit cards. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: philosophy, happiness, contentment, meaning, dreams, purpose, success, society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, mid-life crisis, business, work, careers, authors, books, consumerism, values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth management, culture, society, status, ambition, accomplishment, perfectionism.  On this episode we talk about: Art, music, music business, commerce, New Jersey, HBO, Netflix, Sopranos, Lilyhammer, concerts, Little Steven, BadaBing, authors, books Please stop reading and have a great day. Paul loves you. 

(originally posted Sept, 2020) Would you consider yourself a success if you died with $1 million? How about $10 million? Well, what if you died with $0.00?  In his new book, Die With Zero: Getting All you Can from Your Money and Your Life, Bill Perkins challenges you to flout conventional wisdom and spend your money not just before you’re dead, but while you’re still young enough to enjoy it. That’s right, instead of maximizing your net worth at death, he wants you to die having lived a life rich in experiences that your hard-earned money made possible. And he’s not saying you should blow it all on parties or ignore the needs of your kids or charities. He’s just saying that the time to decide how to best invest, spend, gift, or bequeath your fortune--big or small--is while you are still on this side of the dirt and still mobile enough to enjoy it. After all, travel is no fun when you’re too infirm to explore and savor the local culture. So dither not! There will be plenty of time to watch Family Feud and The Price is Right when you’re 87 and stuck in your recliner.  Called “the last cowboy” by The Wall Street Journal, Bill Perkins is one of the world’s most successful hedge fund managers and entrepreneurs. After studying electrical engineering at the University of Iowa, Bill worked on Wall Street then moved to Houston where he made a fortune as an energy trader. He is currently CEO of BrisaMax Holdings, a consulting services firm based in the U.S. Virgin Islands. Now 51 years-old, Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer.   Read more about Bill and the book here.  Please take a second to rate and review Crazy Money here. (Click on whichever app you use to listen!)Find out more about Crazy Money and Paul Ollinger on his website and/or follow him on the socials: • Instagram: https://www.instagram.com/paul_ollinger/• Facebook: https://www.facebook.com/PaulOllinger/Produced and edited by Mike Carano.Topics addressed on Crazy Money include: Philosophy, Happiness, Contentment, Meaning, Success, Rat Race, Buddhism, Stoicism, The hedonic treadmill, Mid-Life Crisis, Business, Work, Careers, Authors, Books, Consumerism, Values.Okay, you’ve reached the end of this episode description. And yet you’re still reading. Why? You must not have much going on today. Hey, have you rated and reviewed this fine podcast yet? You should. So either go back to the podcast page (the page about the whole show, not just this episode) and scroll down, way down to where you see “Rate and Review,” then do your thing. Or, as I say above, click here. 

(Originally posted June, 2019) Gianni Le Nguyen fled Vietnam at the age of 5. Late one night in the early 1980s, her father wrapped his two young daughters in a fishing net, then rowed a basket boat out to meet a more seaworthy vessel a quarter mile offshore. They spent five days battling storms, illness and pirates who took everything Gianni’s dad possessed, including his official papers. Thus began a beauracratic mess that left her family in refugee camps for over two years before they finally made their way to Beaverton, Oregon. Almost 40 years later, Gianni is a successful entrepreneur, mother of four, and wife to an American dude named Brian. Her journey fits a pattern of Asian immigration that has strengthen the USA. According to Pew Research, "Asian Americans are the highest-income, best-educated and fastest-growing racial group in the United States. They are more satisfied than the general public with their lives, finances and the direction of the country, and they place more value than other Americans do on marriage, parenthood, hard work and career success.” Gianni and I talk about her journey and how it affected her relationship to money, financial security and her thoughts on a proper work ethic.  Originally published June, 2019. See pictures of Gianni and family and of Paul, Gianni, and her sister in Vietnam in 2005 on Crazy Money Facebook Page.  Email Paul: Paul@CrazyMoneyPodcast.com

Robert H. “Bob” Frank teaches economics at Cornell and is the author of a dozen books, including the one that caught my eye for this week’s topic: Luck and Success: Good Fortune and the Myth of Meritocracy. Bob cares a great deal about recognizing luck’s role in our success because doing so, he argues, would make us all more grateful, happy, and generous. He also cares because without the “lucky” proximity of an ambulance one cold November morning, he wouldn’t have survived the heart attack that laid him out on the tennis court in Ithaca, NY a few years back. But survive he did and he forged on to continue teaching and writing about status, ambition, spending, social signaling, and the evolutionary traits that lead to such behavior. The Henrietta Johnson Louis Professor of Management Emeritus at Cornell’s SC Johnson College of Business, Bob’s other books include Luxury Fever: Money and Happiness in an Era of Excess, Under the Influence: Putting Peer Pressure to Work, and Principles of Macroeconomics, the textbook he co-authoredwith former Federal Reserve Chair, Ben Bernanke. Bob’s writing has appeared in top publications and academic journals, including The Atlantic, Journal of Economics, Journal of Public Economics, American Economic Review, The American Prospect, and Chronicle of Higher Education. He is a regular contributor to the Economic View column in the New York Times. Bob received his undergraduate degree from Georgia Tech and his MA and Ph.D from UC Berkeley. He has taught economics at Cornell since 1972.  Follow Bob on Twitter @econnaturalist Click HERE to ✍️ RATE / REVIEW Crazy Money 🎤 >> See Paul’s upcoming live comedy show dates. ✉️ >> E-mail Paul 📸 >> Follow on Instagram  🌍 >> Join the Facebook Crazy Money Listeners Group About Crazy Money: Unlike traditional personal finance shows, Crazy Money is not about how to make a million bucks, how to beat the stock market, or how to save money by switching credit cards. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: philosophy, happiness, contentment, meaning, dreams, purpose, success, society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, mid-life crisis, business, work, careers, authors, books, consumerism, values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth management, culture, society, status, ambition, accomplishment, perfectionism.  This week’s episode includes thoughts on Taxes conspicous consumption spending luxury luxuries luck Peace corps adaptation habituation status well-being rationality behavioral economics luck gratitude Please stop reading and have a great day. Paul loves you. 

Is there something about being successful that makes you less happy? Do smart people’s over-active brains fill their heads with negative thoughts? If so, how can you calm these voices? These are topics we address today with Raj Raghunathan, the author of the book If You’re So Smart, Why Aren’t You Happy? and the creator of the wildly successful Coursera course called A Life of Happiness and Fulfillment. Raj is also a professor of Marketing at the McCombs School of Business at The University of Texas at Austin.  In today’s conversation we talk about how being smart and successful might actually work against you when it comes to being happy, day-in and day-out, why relationships are more important than money, the three main categories of your negative thoughts, and whether happiness is a choice. Learn more about Raj, the book, and take the Happiness Questionnaire on HappySmarts.com. Click HERE to ✍️ RATE / REVIEW Crazy Money! CONNECT WITH PAUL: 📸 Instagram: >> https://www.instagram.com/crazymoneypodcast/ >> E-mail Paul 🌍 Facebook (Crazy Money Listeners Group): >> https://www.facebook.com/groups/446049973036596 About Crazy Money: Unlike traditional personal finance shows, Crazy Money is not about how to make a million bucks, how to beat the stock market, or how to save money by switching credit cards. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: philosophy, happiness, contentment, meaning, dreams, purpose, success, society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, mid-life crisis, business, work, careers, authors, books, consumerism, values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth management, culture, society, status, ambition, accomplishment, perfectionism.  Please stop reading and have a great day. Paul loves you.