Behavior Gap Radio

How does cultivating your comparison set impact your well-being? Carl discusses this concept and its effects on personal happiness. He explores how comparisons, often driven by social media and societal standards, can undermine confidence. Are we thoughtful about the sources of our comparisons and aware of our own values? Carl shares strategies to navigate the noise, seeing it as theater and engag...

In this episode of Behavior Gap Radio, Carl discusses the concept of being "fierce with reality," inspired by a conversation with his friend Aaron and a poem by Florida Scott Maxwell. Carl explores the meaning of truly claiming and possessing all that we have been and done, leading to a sense of wholeness and honesty in our lives. He reflects on how embracing our past without letting it define our...

Carl challenges the conventional approach to planning with the idea that "all plans are wrong, but some are useful." Inspired by George Box's famous quote, Carl extends this concept to financial, business, and life plans. He emphasizes the importance of focusing on the usefulness of plans rather than their accuracy, fostering a mindset of curiosity, resilience, and adaptability. There is grace in...

In this episode, Carl dives deep into the complexities of planning in the ever-changing landscape of life. Reflecting on insights from recent retreats, he explores what happens when our starting point (A) and destination (B) shift, making traditional planning models obsolete. Join Carl on this journey of discovery and find out what it means when A is no longer A!

Today, Carl shares a game-changing tip for managing overwhelming email inboxes. Introducing SaneBox and its feature, Sane Black Hole, Carl explains how this tool has transformed his email management by seamlessly filtering out unwanted messages. Listen in for a simple yet effective trick that can clean up your inbox and reclaim your time! Want more from Carl? Get the shortest, most impactful weekl...

Carl reflects on a profound retreat held at his home, where the unexpected but central question emerged: "How do I figure out who I really am?" Through candid discussions and personal insights, Carl explores the importance of self-discovery, the challenge of committing to one's true desires, and the impact of these revelations on our lives and work. Today, Carl talks about how to explore the essen...

In this brief and impactful field episode of Behavior Gap Radio, Carl presents a thought-provoking statement: "People who pay, pay attention." 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/

Tag along with Carl in this special early morning edition of Behavior Gap Radio as he shares his reflections from a transformative retreat with financial advisors at his home in Utah. Despite the tactical challenges we face, Carl reveals that the root of our struggles often lies in fear. Through personal anecdotes and heartfelt insights, he explores how we can find tactical answers easily but stru...

In this episode of Behavior Gap Radio, Carl shares a personal story about the doubts and uncertainties that sometimes accompany his work. While grappling with feelings of insignificance, he received an uplifting voice memo from a friend who credited Carl's work for inspiring a major life decision. This touching moment reminded Carl of the importance of expressing gratitude and acknowledging the im...

Carl talks about scaling businesses on today's episode of Behavior Gap Radio. Listen to him address the common concerns of expanding impact, revenue, and client base. Drawing from his own experiences and ongoing reflections, Carl emphasizes the importance of focusing on immediate, small steps rather than overwhelming long-term goals. He shares the wisdom of "doing things that can't scale," and com...

In this episode, Carl reflects on his experiences hosting the podcast "50 Fires," where he explores the deep connections between money and meaning. He shares surprising insights from guests who vividly recall their earliest money memories and reveals how these unspoken stories influence their financial decisions. Drawing on a powerful Carl Jung quote, Carl emphasizes the importance of bringing the...

Carl critiques the concept of extreme delayed gratification, likening it to a competitive sport. He shares a story of a debate over how to eat a muffin to illustrate how our culture often places too much emphasis on postponing joy! Carl argues that this mindset can lead to missing out on meaningful moments in life. He encourages listeners to embrace the present, enjoy simple pleasures, and priorit...

In this episode of Behavior Gap Radio, Carl talks about fear-based financial planning. He explores why many of us tend to delay gratification and make financial decisions driven by fear. Carl suggests that this behavior is often influenced by a societal overemphasis on saving for the future at the expense of enjoying the present. He makes a connection between this mindset and the idea of earning o...

Carl shares insights from his recent conversation with Barry Ritholtz, host of Bloomberg Radio's "At the Money." Carl discusses a common question: Why do we often make irrational investment decisions, like buying high and selling low, despite knowing better? Listen in on an exploration of behavioral finance, the psychology of investing, and practical strategies to avoid common pitfalls! Want more...

Carl missed a few days of podcasting, and he shares the mixed emotions it stirred! He tells listeners about his internal debate about balancing self-compassion with commitment and how his approach to these situations has evolved over the years. Keep listening because Carl updates listeners on some exciting projects he's been working on, including building The Society of Advice, writing a new book,...

In this episode of Behavior Gap Radio, Carl dives into the concept of confirmation bias, illustrating its insidious nature through personal stories. He recounts his own experiences, from avoiding the scale on days after poor eating choices to misinterpreting dates for a wilderness first responder course, to demonstrate how this cognitive bias leads us to ignore evidence that contradicts our belief...

Today, Carl talks about the importance of sound decision-making processes, particularly in high-stakes environments like the mountains and financial markets. He explores the often-overlooked rigor needed in decision-making and the concept of "non-event feedback," where bad decisions can lead to seemingly good outcomes by sheer luck. Carl highlights the necessity of understanding the environment in...

Carl reflects on the immediate consequences of his last-minute, intense approach to tasks. After missing the start of a long-anticipated wilderness first responder course due to a critical scheduling oversight, Carl shares the humbling experience and its lessons. He recounts how his ingrained work habits and cognitive biases led to this error, prompting a reassessment of his productivity methods....

Today, on Behavior Gap Radio, Carl explores the unconventional but highly effective way he manages his professional tasks and continuing education requirements. By leveraging the power of intense, focused work sessions followed by ample downtime, Carl discovers that cramming and crushing tasks right before deadlines might be more suited to his productivity style than a traditional, steady workflow...

Imagine if everyone you encountered had a visible net worth sign above their heads, updated hourly. In this hypothetical exploration, Carl challenges listeners to consider how their perceptions and behaviors would change based on this transparency. 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...

Carl talks through the concept of compensated risk in finance and investing. With insightful clarity, Carl distinguishes between compensated and uncompensated risks, emphasizing the importance of optimizing investment strategies for reliable returns. Through relatable analogies and practical advice, Carl empowers listeners to navigate the complexities of investing by identifying and mitigating unc...

In this episode of Behavior Gap Radio, Carl challenges the societal pressure to conform to external expectations and the relentless pursuit of materialistic ideals. He explores the illusion of "keeping up" and the true sources of happiness and longevity, rooted in meaningful connections and experiences. Tune in to reflect on what truly matters and break free from the cycle of consumption-driven ha...

Today, Carl talks about a moment when he woke up early in the morning feeling anxious and scared about money. He shares how he realized that, at that moment, everything was actually okay. Carl talks about how he used to worry a lot about the future and feel bad about things from the past, but now he's learning to find happiness in just being in the now. Listen to this episode as a reminder to enjo...

Come along with Carl as he thinks deeply about the words of Blaise Pascal from 1654: "All of humanity's problems stem from man's inability to sit quietly in a room alone." He ponders why people often feel lonely even when surrounded by others. Carl talks about how important it is to spend time alone, even when life gets busy. Using his own experiences and ideas from poet David Whyte, Carl talks ab...

Today, on Behavior Gap Radio, Carl talks about the age-old advice of not counting chickens before they hatch. Carl shares his own experiences grappling with the line between potential and reality. He explores the fine balance between optimism and practicality, stressing the value of embracing uncertainty and avoiding premature celebrations. Want more from Carl? Get the shortest, most impactful wee...