Afford Anything
Paula Pant | Cumulus Podcast Network
You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life.How do we make smarter decisions? How do we think from first principles?On the surface, Afford Anything seems like a podcast about money and investing.But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacognition: thinking about how to think.In some episodes, we interview world-class experts: professors, researchers, scientists, authors. In other episodes, we answer your questions, talking through decision-making frameworks and mental models.Want to learn more? Download our free book, Escape, at http://affordanything.com/escape. Hosted by Paula Pant.
Episodes
Mentioned books
Jun 26, 2024 • 1h 13min
Should I Raid My Retirement Plan to Buy Real Estate?
The podcast discusses asset allocation struggles, buying vacation rentals in Denver, and using retirement funds for real estate. They explore international investing, US tech giants, and the importance of balancing asset allocation for real estate investments. The hosts share insights on HOA fees, financial considerations in real estate purchases, and the risks of making a portfolio too illiquid.
8 snips
Jun 21, 2024 • 1h 5min
Dr. Brian Klaas: The Secret to Financial Resilience
Dr. Brian Klass, a Professor at University College London and an affiliate researcher at the University of Oxford, discusses the importance of resilience over efficiency in managing financial risks. He emphasizes embracing unpredictability, distinguishing between predictable and uncertain challenges, and building financial resilience. The podcast explores chaos theory's impact on decision-making, the ripple effects of small actions, and the interconnectedness of choices in creating significant outcomes.
5 snips
Jun 18, 2024 • 57min
Q&A: Sell Your Home or Stay Put?
Listen to former financial planner Joe Saul-Sehy and the host tackle questions about managing multiple home sales, maximizing retirement plans with multiple jobs, and considering a 3-2-1 buydown mortgage. Explore the emotional and financial considerations of paying off a mortgage vs. investing, differences between 401k and 457 retirement plans, and tips for upgrading to a larger home. Delve into the nuances of decision-making and life choices in this episode.
Jun 14, 2024 • 35min
Why the Latest Economic Report is a Rorschach Test
The podcast discusses the latest economic report, highlighting the S&P 500 hitting a record high and the GameStop guy owning 9 million shares. It also covers interest rates, inflation, job growth, and the implications for your wallet.
14 snips
Jun 11, 2024 • 1h 3min
Bachelorette Star Jason Tartick: The Truth About Financial Infidelity
Former banker and Bachelorette star Jason Tartick discusses crucial financial topics for couples, including debt ratios, credit scores, and joint accounts. He emphasizes the importance of open communication, avoiding financial infidelity, and regularly reviewing net worth together for financial progress.
5 snips
Jun 7, 2024 • 1h 2min
Don't Let One Big Bill Blow Up Your Budget (Here's How)
An anonymous caller seeks advice on managing a large inheritance wisely. The Efficient Frontier concept is explored for optimized investments. Planning for unexpected expenses like buying a new car in retirement is discussed. Financial modeling for effective planning and 529 plan flexibility for children's education are emphasized.
Jun 4, 2024 • 53min
Q&A: "I'm Scared of Running Out of Money in Retirement!"
Sara, five years from retirement, fears running out of money before turning 80. Lauren seeks advice on ETFs vs. index funds. Discussion on retirement planning, investment options, and safe investing $500,000 for a nomadic lifestyle.
17 snips
May 31, 2024 • 54min
How to Master the Psychology of Persuasion, with Michael McQueen
Social researcher Michael McQueen shares insights on changing minds by addressing hidden fears, navigating logical fallacies, and introducing complexity. Tips include uncovering fears and addressing loss aversion. Explore the psychology of persuasion and the impact of tribalism on belief formation.
May 28, 2024 • 44min
I’m Retiring at Age 34 and a Half!
Listeners explore the challenges of retiring early with debt, updating investment strategies, and leveraging credit card benefits. Financial planner Joe Saul-Sehy tackles these topics with host Paula. The episode delves into the nuances of revolving debt, installment debt, credit scores, and credit card rewards. Strategies for early retirement planning, college savings tips, and financial decision-making are also discussed.
11 snips
May 24, 2024 • 55min
Stanford Researcher Dr. Mary Murphy on How to Cultivate a Growth Mindset
Renowned expert Dr. Mary Murphy discusses fixed vs. growth mindsets and their impact on motivation, performance, and relationships. Insights from Stanford research offer guidance on cultivating a growth mindset to overcome challenges and achieve goals in various domains like work, home, and investing.
