#536: NYU Psychology Professor Dr. Tessa West has spent nearly two decades studying relationships, including those in the workplace. She talks about her research on why people feel disconnected from their jobs and what to do about it. Dr. West breaks down five main ways people might feel unhappy at work: 1. Crisis of identity: This is when you've poured a lot into your career, but you're starting to question if it's really who you are anymore. 2. Drifting apart: This happens when your job changes, not you. Maybe your company's gone through some big shifts, or your day-to-day tasks are different now. Or maybe your industry has totally changed. 3. Stretched too thin: We've all been there - too much to do and not enough time. 4. Runner up: Always close to that promotion or raise, but never quite getting there. 5. Underappreciated star: You're doing great work, but no one seems to notice. Dr. West digs into each of these, explaining what they look like and why they happen. She talks about how work relationships are a lot like romantic relationships — just as you might feel disconnected from a partner, you can feel the same way about your job. She describes a matrix that shows how satisfied you are with your job versus how much you identify with it.  She also gets practical stuff, describing how to manage distractions at work and be more productive. There's a neat concept called "working spheres" that might help you organize your tasks better. If you're thinking about leaving your job, Dr. West suggests doing some self-reflection and networking to learn about other industries or companies. She warns that there's often a lot of "hidden" stuff about jobs that you won't find in the job description, so it's essential to dig deeper. At the end, she talks about how to figure out if a new job will actually be better. Her main tip? Ask tough questions in interviews. Don't be afraid to dig into the not-so-great parts of the job or company. Dr. West doesn't sugarcoat the tough parts of work life, but she offers practical advice for dealing with them. Whether you're happy in your job or thinking about a change, you'll find something useful here. Timestamps Note: Timestamps will vary slightly on individual listening devices based on dynamic ad lengths. 1:09 - Dr. Tessa West. Psychology professor. Workplace relationships. 3:10 - Five major ways people feel disconnected from work. 4:55 - Work relationships mirroring other relationship types. 9:04 - "Crisis of identity" at work. 13:40 - Matrix: job satisfaction vs. identity centrality. 18:20 - "Drifting apart" from your career. 21:40 - Common changes causing career drift. 25:55 - "Stretched too thin" at work. 29:35 - Managing external work disruptions. 31:40 - "Working spheres" for better productivity. 37:37 - "Runner up" at work. 40:29 - Common reasons for not getting promoted. 47:51 - "Underappreciated star" at work. 51:18 - Next steps if unhappy at work. 55:56 - Determining if a new job will be better. For more information, go to https://affordanything.com/episode536 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#535: Melissa and her partner are preparing for the best earning years of their lives. Could they benefit from automated tax-loss harvesting and transition from DIY investing to a robo-advisor? An anonymous caller just learned something surprising about their Roth 401k and feels squeamish about making future contributions to this account. What’s Paula and Joe’s advice? Hampton is following up on a question from Episode 524 to spark an intriguing discussion on the generational tax advantages of a Roth IRA. Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode. Enjoy! P.S. Got a question? Leave it at https://affordanything.com/voicemail For more information, visit the show notes at https://affordanything.com/episode535 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#526: Recorded LIVE on stage at the Morningstar Conference in Chicago! We chat with behavioral finance professor Meir Statman. He breaks down the differences between standard finance and behavioral finance, making it clear that understanding human behavior is an essential part of investing. Statman starts by explaining that standard finance assumes people are rational. They make decisions purely based on logic and aim to maximize wealth. However, behavioral finance sees people as normal, not always rational. We often act on emotions and cognitive shortcuts. For instance, people might prefer receiving dividends over selling shares, even if both result in the same financial gain. This is because dividends feel like income, while selling shares feels like dipping into savings. He uses a great metaphor to explain how investors view their portfolios. Think of a dinner plate: behavioral investors like their investments separated, like mashed potatoes on one side, vegetables on another, and steak in the middle. Rational investors don’t care if it’s all blended together because they only focus on the total nutrients. This shows that normal investors have different needs and want to balance safety with growth. Statman talks about the importance of diversification. He recalls a lunch with Harry Markowitz, the father of Modern Portfolio Theory, who supported the idea of having a mix of safe and risky investments. Markowitz himself had municipal bonds to avoid poverty and stocks to grow wealth. Diversifying helps investors manage risk and meet both their safety and growth needs. We then dive into how people manage money across their life cycle. Statman points out that young people know they need to save but are tempted to spend. They often control this urge by putting money into retirement accounts like 401(k)s. As people get older, they become so good at saving that they sometimes forget to spend and enjoy their money. Statman gives a funny example of his mother-in-law, who refused to replace an old sofa because she didn’t want to dip into her savings. Statman also touches on asset pricing and market efficiency. He explains that while traditional finance focuses solely on risk, behavioral finance considers other factors like social responsibility. Some investors are willing to accept lower returns to stay true to their values. Additionally, he argues that market prices do not always reflect true value, and it’s hard to predict when they will. Towards the end, we discuss the broader aspects of wellbeing. Statman emphasizes that financial wellbeing is just one part of a happy life. Family, health, work, and community are also crucial. He believes financial advisors should help clients achieve overall life wellbeing, not just financial success. For more information, visit the show notes at https://affordanything.com/episode526 Timestamps Note: Timestamps vary on individual listening devices based on advertising run times. 1:23 - Explain the differences between standard and behavioral finance. 4:30 - Discuss Harry Markowitz's influence on modern investment strategies. 6:08 - Highlight life cycle investing and saving/spending behaviors over a lifetime. 10:02 - Explore mental accounting and differentiating between income and capital. 11:14 - Talk about common trading mistakes due to cognitive errors. 14:26 - Discuss utilitarian, expressive, and emotional benefits of financial decisions. 17:41 - Explain the difference between System 1 and System 2 thinking. 21:39 - Discuss how emotions and moods impact investment decisions. 25:59 - Explore the concept of regret and how it affects financial decisions. 30:21 - Emphasize the importance of human touch in financial advising. 44:00 - Discuss the impact of AI on different industries and investment decisions. 48:24 - Highlight the need to balance financial wellbeing with overall life wellbeing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#442: An anonymous caller is struggling with a tempting offer from her family to buy her first house. Chris recently tripled his income. How should he manage this unexpected surplus? Tyson is wondering if it's a good time to convert his bonds into treasuries. “Jaula” wants to know if she should count her side hustle income as part of her retirement money. Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#441: It’s GRADUATION WEEK! For those of you who’ve been following along this past year, you know that I’ve been completing the Knight - Bagehot Fellowship at Columbia University. This week, my family and I are celebrating the countless hours of studying, all-nighters and eye opening experiences, so here at Afford Anything, we’re airing an important episode from our archives. This episode addresses important questions we’ve been getting from the Afford Anything community, including: Where do I invest? How do I diversify outside of the stock market? How many individual stocks should I hold? I’m looking forward to returning to the amazing Afford Anything community full-time as of June 1st, and eagerly anticipating sharing everything I’ve learned with YOU!!!! The team has big plans for the next year, so enjoy this episode and stay tuned for future announcements. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#440: An anonymous caller wants to retire and travel in 20 to 30 years. How does she know if she’s saving enough? Trace plans to take a mini-retirement next year. Where should she keep her savings until then? Samantha and her partner have lived out of their truck for 20 years. They sorta-kinda feel ready to buy a house and settle down. But they’re hesitating. What if they hate it? “Barbara,” an anonymous caller from Episode 422, is struggling with a scarcity mindset. How does she stop worrying about the future and build the confidence to enjoy life now? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode440 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#439: There are massive rapid changes unfurling in the financial world. This week’s biggest news: First Republic Bank collapsed; JP Morgan Chase acquired it. (As it happens, I was one of 12 people who was lucky enough to have dinner with Chase CEO Jamie Dimon exactly one week ago – just days before the acquisition. I tell that story around the 8-minute mark of today’s episode.) The Fed issued a 10th consecutive rate hike, raising interest rates another quarter of a percentage point. Inflation is still double the target rate. And public confidence in bedrock financial institutions, as measured by a regional banking index fund, is in the toilet. I talk about these issues for the first 18-ish minutes of the podcast, and then we switch to a replay of an interview that we held with acclaimed financial advisor Michael Kitces, which originally aired as Episode 64. Enjoy! The interview with Michael Kitces originally aired on February 13, 2017 https://affordanything.com/64-michael-kitces-mind-powerful-money/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

#438: “Do you want to save money? Or do you want to enjoy your life?” That’s a common question, but it’s strange. It assumes these ideas are opposites: frugality is synonymous with deprivation; spending is a proxy for enjoyment.  That premise is wrong.  Let’s stop conflating spending with happiness. Let’s stop using “savings” or “free” as a euphemism for second-tier or sucky. Most online articles that discuss free or frugal enjoyment are poorly-thought-through listicles that offer half-baked ideas, like “go to the park” or “host a potluck.” Not only are these insufferable, they also miss the point. Behavioral change doesn’t come from a laundry list. It comes from cognitive reframing. To facilitate this reframe, we’ve invited Yale-educated former attorney and world-renowned happiness expert Gretchen Rubin to return to our show.  Gretchen was a guest on Episode 40, when she cited research about effective habit formation. She returns with a methodical, structured look at how to derive more joy from daily experiences through heightened sensory awareness. She draws from science, philosophy, medicine, literature and psychology to tell a layered story about how to find simple pleasures in everyday things. Her latest book, Life in Five Senses, came out on April 18 and immediately hit the New York Times bestseller list. Enjoy! Timestamps as of April 2023: 10:44: Why you should visit the same place everyday 11:55: How going to the same place can change over time 16:40: Advantages of being in tune with our senses 24:07: How to deepen your sense of smell 31:00: How culture impacts senses 37:19: How does your age impact your sensory experience? For show notes, go to https://affordanything.com/episode438 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#437: Do you have a project you want to start … but you’re stuck in analysis paralysis? Do you feel like if you want to do something right, you have to do it yourself? Do you try to wind down after the end of a long day, but your energy levels are just not quite restored? If you answered “Yes!” to any of these questions, then this episode is for you. Psychotherapist Katherine Morgan Schafler, a former on-site therapist at Google, and author of “The Perfectionist’s Guide to Losing Control,” joins us to chat about her research on perfectionism. She shares a framework on five types of perfectionism. She describes the pros and cons of each type, and how to work through some of the negative tendencies to build a more emotionally healthy life. Enjoy! For more information, visit the show notes at https://affordanything.com/episode437 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#436: Jeremy wants to attend graduate school. Should he take student loans or cash out his investment portfolio? Andy is wondering if the 4 percent rule stands up to high inflation. (There’s a shockingly simple answer!) Did Rudolfo discover a hack to supercharge his 401k investing? Nandini is overwhelmed by her investing choices. What accounts should she use? What funds should she pick? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#435: Lee is 30 and facing a tech layoff. She can live for a year on her savings. She’s thinking about taking the rest of the year off. How should she prepare her investments? Stacy wants to buy an Airbnb but she’s scared she’ll regret selling her company stock to do it. An anonymous caller is tired of living paycheck-to-paycheck as a freelance artist. How can she stabilize an inconsistent income? Danelle is a DIY investor. She can’t find a financial advisor who gives advice without insisting on managing her investments. Is she looking in the wrong places? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode435 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#434: The majority of financial advice is geared to people with 9-5 jobs: “Negotiate for a raise.” “Max out your 401k match.” “Budget based on your income.” Where’s the financial advice for people who earn money in tips: restaurant servers, bartenders, hairstylists, concierge, valets, ushers, nail salon workers, strippers, or other service industry professionals? What about gig economy workers, freelancers and entrepreneurs? People who don’t earn a regular paycheck? Not only do these workers earn a volatile and unpredictable income, they also often don’t have job-provided health insurance, retirement plans, and paid time off. They need to provide themselves with these benefits. What should they do? That’s where Barbara Sloan comes in. She’s a financial coach and author of “Tipped: the life changing guide to financial freedom for waitresses, bartenders, strippers, and all other service industry professionals.” Her book and advice applies to anyone who works outside of the traditional confines and systems. If you (or someone you know) works for tips, you’ll love Barbara. And if you’re curious about exploring work outside of the normal 9-to-5, and wonder how to set yourself up for financial success when your income is hit-or-miss, this episode is for you. Enjoy! Estimated Timing of Discussion Points as of March 2023: 01:59: The tipped workers we may forget 03:54: Financial challenges for tipped workers 05:57: The importance of thinking like an entrepreneur 23:02: Tips for the self employed 25:19: Budgeting with volatile income 27:13: Tracking income vs. tracking expenses 32:15: The distinction of budgeting based on income vs expenses 36:13: Budgeting as a trigger for disordered behavior For more information, visit the show notes at https://affordanything.com/episode434 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#433: Should “Walker,” an anonymous caller, give up a cushy job to take a year-long sabbatical in Europe? Blue wants to rent out his East Coast home, take a sabbatical from work, travel to the West Coast with his family, and start a YouTube channel and other entrepreneurial projects. How should he manage his money to make this happen? Melissa regrets buying a house two years ago in Ft. Lauderdale. She’s poured $30,000 into repairs, all of which she borrowed. Her home-related debts have mounted. She’s over-extended. Should she cut her losses? Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode433 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#525: We chat with renowned financial advisor Michael Kitces at the Morningstar Investor Conference in Chicago. Kitces answers a big question: Is the economy worse than we think? He explains that a few big companies like Nvidia, Meta, and Alphabet are holding up the S&P 500. But this doesn’t mean the economy is bad. It's common for a small group of companies to drive the market. Since it’s hard to predict which companies will do well, he stresses the need for diversification. Kitces tells us to focus on long-term growth instead of trying to time the market. He shares a famous quote from economist John Maynard Keynes: "Markets can remain irrational longer than you can remain solvent." This means it’s better to invest broadly and wait for the market to grow over time. Kitces also says that career development is important. He believes boosting your income through career advancements can have a bigger impact on your financial health than trying to get the highest returns on your investments. He says, "Spending more time focusing on my career and getting a raise... will actually be more meaningful than trying to improve the returns on my own money." We discuss the importance of index investing and proper asset allocation. Kitces advises owning a diversified portfolio that includes international and small-cap funds. Even if these funds aren’t performing well in the short term, diversification helps spread risk and capture growth from different sectors and markets. Kitces talks about the cyclical nature of markets. Some people worry that the market will go down just because it’s been up for a long time. He explains that markets don’t "die of old age." Many factors influence market cycles, and it’s hard to predict when a downturn will happen. This reinforces the idea that staying invested and diversified is usually the best strategy. Finally, we talk about inflation and interest rates. Kitces explains that it’s hard to predict when inflation will return to the Fed’s target rate of 2 percent. This means that interest rates might stay high for a while. It’s important to keep a long-term perspective and not make drastic changes based on short-term market movements. This episode offers practical advice on investment strategies, the importance of diversification, and why focusing on your career can be more beneficial than trying to outsmart the market. Kitces’ insights help anyone who wants to reach financial freedom. Timestamps [Note: Time codes will vary on individual listening devices based on advertising run times.] 1:23 - Becoming a famous financial advisor. 2:08 - Role of a small number of companies in holding up the S&P 500. 5:11 - NVIDIA's role in AI and cryptocurrency. 7:38 - Importance of diversification. 11:27 - Irrationality and efficiency of markets. 16:26 - Role of international and small-cap funds in diversification. 18:10 - Impact of regulatory frameworks on AI development. 32:11 - Demographic advantages of emerging markets. 40:01 - Cyclical nature of markets and investor fears. 51:30 - Inflation and wage growth. For more information, visit the show notes at https://affordanything.com/episode525 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#432: Have you ever worried about running out of money after you retire? Do you keep checking your net worth to make sure you have enough? Does this always feel a little … unsatisfying? This episode discusses why. Today's guest, Michael Lynch, is a certified financial planner and author. His most recent book, “It’s All About The Income,” says that we’re obsessed with the wrong thing. Retirement planning is focused on growing assets. But your assets aren’t going to keep the lights on. Your INCOME, not your assets, is the centerpiece of your retirement. He shares real-life examples of the biggest risks to your income — the risks that might halt you from enjoying your retirement years. He shares tips on how to make sure your income is smooth and secure, even when you’re not punching the clock anymore. Enjoy! For more information, visit the show notes at https://affordanything.com/episode432 Estimated timing of discussion points as of March 2023: 01:36: The disconnect between living on income vs. assets in retirement 02:15: “There’s no such thing as safe” 04:41: The three-bucket approach to retirement 08:17: Sources to learn the history of the stock market 10:33: This historical best hedge against a declining stock market 16:25: The ideal asset mix for short-, medium- and long-term investments 17:01: The need to distinguish between money you’ll need vs money you’ll need to generate income 20:16: When to be a saver vs. an investor 23:49: How to approach the medium-term bucket 36:03: Lowering sequence of returns risk with the three-bucket method 37:02: Inflation risk and the impact on retirement Learn more about your ad choices. Visit podcastchoices.com/adchoices

#431: The title says it all. Paula Pant interviews Mr. Money Mustache about his dating life. We chat about why he wants to date inside the FIRE community (financial independence, retire early) – and whether he’s had any luck. We discuss the perils of navigating into the dating world after a divorce, which he did at age 43. And – AHEM – HE’S ON THE APPS. Well, specifically, he’s on one app. And it’s technically not an app, it’s a website. Whatever. HE’S ONLINE DATING, FOLKS. We talk about the difference between flirting in real life vs. online, and he talks about what he looks for in a dating profile. Our conversation also covers: What’s the point of dating someone inside the FIRE community, anyway? Do you really want to talk about money all day? (Hint: nope) Is he a serial monogamist? What should you do if one person is more interested in frugality, while the other is into investing? Personality, values, communication, chemistry … how can you find that ideal fit? How long does it take to figure out if you’re compatible? How quickly has he introduced his teenage son to his former (then-current) girlfriends? What advice does he share with his son about dating? Mr. Money Mustache is the pseudonym of Pete Adeney, one of the most prominent figures in the FIRE movement. He co-stars with Paula, Tiffany Aliche and Ross Mac in the 2022 Netflix documentary Get Smart with Money. Enjoy! For more information, visit the show notes at https://affordanything.com/episode431 The Fire Dating app can be found at https://firedating.me Learn more about your ad choices. Visit podcastchoices.com/adchoices

#430: D is worried that she’s going to suffer from her parents’ poor financial choices. Is it time to confront them about it? An anonymous caller and her fiance both own a house. Which one do they move into after the wedding? In a world of rising inflation, Nick wants to know if it’s time to change the way he saves for his future. Another anonymous caller wants to buy a second home within a decade. How does she start planning now? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode430 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#429: Have you ever thought about remodeling a kitchen? Retrofitting a camper van for #vanlife? Converting your basement into an Airbnb? Building a custom website? Recording an album? Did you worry that this project will cost more and take longer than you expected?  This episode is all about how to complete projects on-time and under budget.  Today's guest, Dr. Bent Flyvberg, is an Oxford University professor with a Ph.D. in urban geography. He’s published more than 200 scholarly articles on megaproject planning and management, decision-making, and social science methodology. He’s written or edited 10 books, including recently co-authoring “How Big Things Get Done.” He shares examples ranging from the Sydney Opera House to Pixar movies to the California High Speed Rail, illustrating why some projects flourished while others flopped. He joins us on today’s episode and talks to us about why some projects succeed while others turn into colossal disasters. He offers tips for how we can apply lessons from megaprojects to our own lives. Enjoy! Timing of discussion points as of February 2023: 02:19: Why are some projects on time and under budget and others aren’t? 03:24: The difference between successful and unsuccessful projects 07:38: Which questions do you ask when you’re choosing someone to work with on the project? 11:44: How cognitive biases and power dynamics and influence project outcomes 24:22: Why people forsake common sense when it comes to big projects 29:34: How to plan and iterate, knowing that things will change 39:26: The biggest risk to projects For more information, visit the show notes at https://affordanything.com/episode429 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#428: Jamie currently lives at home and dreams of reaching financial freedom by her early 30s. How can she take advantage of her low expenses to accelerate her wealth building? An anonymous caller has enough to retire in 5 years. Does she still need her financial advisor or is it time to do it on her own? Meghan is a personal finance enthusiast who wants to start a coaching side hustle. What’s the best way to get started?  Former financial planner Joe Saul-Sehy and I tackle these five questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode428 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#427: Okay, maybe the phrase “side hustle” is overused. But it’s also misunderstood. “Side hustle” is a catch-all term that people use to describe everything from low-paid gig economy labor – Doordash, Uber Eats, Rover – to six-figure consulting for Fortune 500 companies.  On the remote-work side, it includes everything from freelance graphic design (services) to selling bundles of presentation deck templates (digital products).  On the physical goods side, it includes everything from wholesaling (real estate) to flipping antique grandfather clocks (personal goods).  On the e-commerce side, your side hustle might mean starting your own manufacturing, white-labeling and shipping services, in which you distribute toothpaste or trash can lids or desiccant packs. How do we make sense of such an umbrella concept? In this interview with Nick Loper, we learn how to wrap our minds around the huge world of hustles. We talk about how to understand the options available, choose a path, and start with minimal capital. This interview originally aired as Episode 85. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

#426: Behavioral researcher, Vanessa Van Edwards, talks to us about the critical importance of charisma - and how to use the perfect blend of warmth and competence to be charismatic. Dr. Michael Slepian walks us through what secrets mean, what they cost, and how we think about them. We dive into the world of long distance real estate investing, and talk about two of the major components of investing - Cash and mindsets - to help you determine if long distance real estate investing is right for you. International best selling author, Julie Winkle Giulioni, reviews eight dimensions of career development and how to navigate them. Chris Hutchins, entrepreneur and life hacker extraordinaire, spills his best secrets on optimizing spend to travel more cheaply. Kiersten and Julien Sanders join us to discuss money topics for couples, and their framework for being financially independent in 15 years. Stanford professor Jeremy Utley breaks down the art of creativity and producing new ideas - and shares actionable tips on how we can be more creative and have better ideas. Dr. Daniel Crosby discusses how we are not wired to be good investors, and how to overcome our evolutionary wiring. Enjoy this compilation of our favorite episodes to air in the second half of 2022. For more information, visit the show notes at https://affordanything.com/episode426 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#425: Ellen’s dad died unexpectedly. Her mom is clueless about finances. How does she help a 70-year-old unravel financial complexities? Mike has an opportunity to buy into his friend’s growing business. What should be his legal, financial, and relationship considerations? Pepp wants to know what’ll happen to her Restricted Stock Units when her company goes private. An anonymous caller needs to build her nest egg. She’ll be a full-time student with no income. She has 20 years until retirement. Should she execute a Roth conversion? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode425 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#424: We’re taught to stay in the game. Persist. Be gritty. Try, try again. But sometimes, the best decision is to walk away. Move on. How do you know when that’s right? When should you double-down … and when should you fold? Today’s guest, Annie Duke, won more than $4 million as a professional poker champion. She wrote the bestselling book Thinking in Bets and co-founded a nonprofit that teaches kids decision-making skills. Her most recent book, “Quit: The Power of Knowing When To Walk Away,” teaches the behavioral science, mental models and recognition of cognitive biases needed to successfully quit. It highlights real-world examples of startup founders, athletes, mountaineers, and entertainers who either quit – or didn’t – and explains how to make a wise, grounded choice. She joins us on today’s episode to describe the forces that hold us back from quitting – and how to recognize when quitting could lead to a better life. For more information, visit the show notes at https://affordanything.com/episode424 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#423: We’ve heard the warnings about following your passion.  People ask if you can *actually* make money doing what you love. They frame the question “passion or profit?” as though these are in opposition.   The majority – who have never tried – decry, “what if you fail?” Nobody asks the more important question: what if you succeed? Are you still going to love your passion when you rely on it to pay the bills? We grapple with that question in today’s episode, which is devoted to side hustles and starting a business. We use questions from two of our listeners as a jumping-off point to discuss the realities of going into business for yourself, doing what you love.  We share examples from our own lives as professional podcasters, as well as from the lives of friends who are full-time photographers, musicians, writers and other creative entrepreneurs. Enjoy! P.S. Got a question? Leave it here For more information, visit the show notes at https://affordanything.com/episode423 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#524: Mark and his partner will soon inherit an IRA worth over a quarter million dollars. With today’s elevated interest rates, would throwing it all at a primary residence be the smartest play?  An anonymous caller and his girlfriend are musicians who dream of building a home with a monetizable recording studio. How do they untangle personal wants from business needs? Will feels stumped about the options in his defined benefit pension plan. When should he choose a guaranteed annuity over a lump sum payment?  Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode. Enjoy! P.S. Got a question? Leave it at https://affordanything.com/voicemail For more information, visit the show notes at https://affordanything.com/episode524 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#422: Emily is saving aggressively for financial independence, but it’s hard to enjoy the present. Is it time to increase spending? Monroe wants to stop working. Forever. Which is more important: debt payoff or investing? Another anonymous caller and his spouse dream of building a homestead on an expensive piece of land. How much is too much to spend on housing? Given the high costs of moving, Sarah wonders if buying a starter home is the best decision. Should she and her fiance jump straight to buying their forever home? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here For more information, visit the show notes at https://affordanything.com/episode422 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#421: Life is busy. We spend too much time on chores, errands, commuting, emails and other draining tasks. We lack time for joy and hobbies. Or do we?  Today’s guest, Laura Vanderkam, talks to us about how to make the most of our time and carve out more space for gratifying experiences. Laura Vanderkam is a time management and productivity expert. Her latest work, “Tranquility By Tuesday: 9 Ways to Calm the Chaos and Make Time for What Matters” shares actionable steps to help you fill your schedule with more of what you love. Enjoy! Timing of discussion points as of January 2023: 06:06: Where the time management focus should land 13:44: What is tranquility? 15:22: How to structure your hours 16:33: Set your bedtime: the foundational rule for time management 24:18: The power of planning on Fridays 29:05: Move your body by 3 pm 35:02: Create “backup slots” 37:10: The impact of various time management guidelines 38:43: The Big Adventures Rule 44:06: Taking a night for yourself 47:51: Batch the little things 50:16: The effortful before the effortless For more information, visit the show notes at https://affordanything.com/episode421 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#420: Harvard professor Arthur Brooks described two types of intelligence – and explained, in scientific terms, the wisdom that comes with age. Dr. Ellen Vora, M.D., shared insight into the roots of procrastination, offering evidence-based tips for how to overcome our own inner demons of anxiety, fear and laziness. Psychology professor Bill von Hippel described why too much happiness is just as detrimental to our long-term health and wellbeing as too little happiness. Wall St. Journal columnist Spencer Jakab observed the perfect storm of conditions that gave rise to meme stonks and other oddities of our era. Former financial planner Joe Saul-Sehy argued for “strategic under-diversification” and explained the Sharpe Ratio. Data scientist Nick Maggiulli explains the save-invest continuum. And financial planner Bill Bengen, the creator of the 4 percent retirement withdrawal rule, talks about what most people misunderstand about the safe withdrawal rate. These are just some of the highlights from the Afford Anything podcast in this 2022 year-in-review episode. Enjoy! For more information, visit the show notes at https://affordanything.com/episode420 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#419: Casey isn’t happy at her job. If she leaves before her one-year mark, she’ll lose her 401k contributions. Should she stay or find a new job? Daan resides in a high-cost-of-living area where real estate appreciates rapidly. But there’s no cash flow. How should he evaluate real estate as an investment? Emily already maximizes her 401k contributions. Should she contribute to an after-tax 401k next? Ryan’s investing for his son. If the yield is the same between two mutual funds, can he leave his son with more money if one mutual fund pays dividends more frequently? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it at https://affordanything.com/voicemail For more information, visit the show notes at https://affordanything.com/episode419 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#418: When Jordan Grumet was a child, his dad died unexpectedly. That was decades ago. Jordan is a father today, but he thinks often about the possibility of dying young. And he wonders how to balance enjoying today vs. saving for tomorrow, given that none of us know how long we’ll be on this earth. How do we think about our lives when the clock starts to run out?  Beyond money, what other tools can we use to live a fulfilling life? Jordan Grumet, a hospice doctor and host of the Earn and Invest podcast, discusses this in today’s episode. For more information, visit the show notes at https://affordanything.com/episode418 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#417: Our first anonymous caller is getting married. What are the financial considerations the couple should be thinking through since there is a large income gap between them? Our second anonymous caller is concerned about her ability to continue working due to major depression. Should she consider disability insurance? Carly is an accidental landlord and would love to keep her rental property. The problem? It’s losing money right now and she’d probably take a loss if she sold it. What should she do? Shelby has an amazing opportunity to relocate to Tokyo for work, but she’ll have to take a pay cut. How should she think about her investment options? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here For more information, visit the show notes at https://affordanything.com/episode417 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#416: Crypto is tanking. Household debt is climbing. Student loans are tangled up in the court system. And the house market…did what?! Today’s bonus First Friday episode takes a look at the latest economic headlines, with analysis, commentary and hot takes. Enjoy! For more information, visit the show notes at https://affordanything.com/episode416 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#415: The average American donates 2.1 percent of their income to charity, according to data from the Giving Institute. But an ordinary couple living in Nashville, Bob and Linda Lotich, refuse to be average. When they were both 31, they decided to “give their age” – they pledged to donate 31 percent of their income to worthwhile causes. They’ve increased their charitable giving every year since, to match their age. The couple is now 41 years old, and they give away 41 percent of their income. When they began this project, the Lotich’s were earning a combined household income in the high five-figures. They were making just under $100,000 combined, living in St. Louis. They carried a mortgage on their home. They worried that their commitment to giving might impact their ability to pay the bills. Over the last decade, their income has fluctuated – up some years, down in others. They moved to Nashville and had three children. These higher living costs have drastically impacted the family budget. But their commitment to giving persists. In today’s episode, Bob Lotich joins us to talk about why and how he committed to the “give your age” philosophy – and shares his advice for anyone who wants practical tips for increasing their capacity to donate to meaningful causes. Enjoy! Timing of discussion points as of November 2022: 04:46: Adjusting mental and budget space to allow for more charitable donations 13:12: The decision give to individuals vs. charitable organizations 14:57: Does giving to an individual impact the relationship? 16:56: Recommendations for platforms with giving opportunities 25:01: Managing the giving budget after starting a family 25:56: Guilt and shame around generosity 27:41: Giving from a place of gratitude and a place of pain 28:47: The concept of giving dreams 30:19: Building for a continuous impact vs. a large impact 31:48: Getting the children involved 37:48: How to increase your charitable giving For more information, visit the show notes at https://affordanything.com/episode415 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#414: Amanda is worried that her recently diagnosed health condition might force her to stop working. How should she financially prepare her family? Anonymous is a savvy DIY investor who wants to retire early and is wondering if she should hire a financial advisor. Should Krista tap into the equity from one of her rentals to rebalance a portfolio that is weighted heavily in real estate? Natasha thinks she and her husband have saved enough to retire early but it feels scary. Is she truly ready or is she nuts?  Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode414 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#413: If an idea dominates the headlines, we notice it. But maybe we shouldn’t. Today’s guest, psychologist and behavioral finance expert Dr. Daniel Crosby, says there’s a difference between a prediction that gets repeated, and one that’s likely to unfold.  What’s salient isn’t accurate, he says. And vice versa.  He also talks about how money problems have morphed over time. He chats about how our evolutionary wiring is at odds with our goals. And he even discusses how we’re wired to be ‘lazy’ – and how to work with that tendency instead of fighting an uphill battle against it. Dr. Crosby researches the intersection of mind and markets. His latest work, The Behavioral Investor, is an in-depth look at how sociology, psychology and neurology impact our investment choices.  Timing of discussion points as of December 2022: 03:10: The overlap between psychology and investing + new ideas 04:41: Counterintuitive behavioral finance discoveries  07:27: Money as a “hygiene factor” 08:39: The “new class” of money problems for the more affluent 13:44: Factors that impact our financial decisions 15:22: The influence of evolutionary wiring  17:02: Cognitive and physical wiring leading to laziness and group think 27:45: The benefit of community for investors 28:52: The four types of behavioral risk: ego, conservatism, attention, and emotion 36:21: The three E’s of behavior change: education, environment, encouragement 42:30:  Confusing things that are loud with things that are likely 45:21: The risk of managing emotion For more information, visit the show notes at https://affordanything.com/episode413 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#523: How much is an hour of your time worth? Google's Executive Productivity Advisor , Laura Mae Martin, joins us to answer that question. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#412: Taylor recently graduated. She wants to reach financial independence as soon as possible. What should she do first: invest or repay low-interest debt? Carter doesn’t want to pay too much for his investments. He’s worried about the tax drag. He wants to know how to improve cost efficiency in his portfolio. How should he manage decisions about basis points, dividends and capital gains? Our first anonymous caller has been working and investing for a decade. Today her portfolio is large enough that she and her husband can finally take a mini-retirement. They’d like to rebalance their portfolio. They want it to reflect the fact that they won’t be working for a while. They’d also like to calculate how much money they need to travel with their children. How should they handle this? Our second anonymous caller is worried that their portfolio is out-of-whack. Their money is in a target date retirement fund. They’d like to move some of it to a three-fund portfolio. But this is a scary time to sell. Stocks are low. What should they do? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#411: In the final installment of this two-part mini-series, we walk you through becoming a subject matter expert in your investment city of choice. We discuss who you should talk to, where you can find them and what you should talk to them about. Timing of discussion points as of November 2022: 06:11: Who you should talk to  10:09: Why conversations with non- real estate professionals are important 11:49: Where to meet other real estate investors 13:19: Expanding your network, character due diligence and making friends 13:59: Thinking through others cognitive biases 15:56: Potential implications of neighborhoods with “good cash flow” 20:57: An example of objective feedback 29:40: Dumpsters, sewers, permits and problems: Other specifics to discuss For more information, visit the show notes at https://affordanything.com/episode411 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#410: You face plenty of problems. But you have a scarcity of good solutions. Stanford Professor Jeremy Utley can help. He says that solving complex problems requires creativity. And creativity comes from deliberate practice. It’s not an innate talent. It’s a skill. And it’s useful in any occupation, from accounting to zookeeping. Jeremy speaks and writes on the history of invention, discovery, creativity, and innovation. He also leads Stanford d.school's work with professionals. Today he talks to us about how some of the greatest innovators produce new ideas. He tells us about their creative process. He describes how researchers and authors improve their skills. And he shares pointers to help you understand how to do the same. Timing of discussion points as per November 2022: 3:00: How to focus while staying open to creativity 6:23: Definition of creativity 14:02: Different cognitive biases faced 17:35: The idea quota 19:28: Where ideas come from: the Lego analogy  21:32: How Ben Franklin honed his creativity 28:36: Capturing inspiration 46:04: The importance of reviewing the problems in your life 50:24: The roles of creative collaboration and distributed reasoning 54:49: The argument for quantity over quality  56:07: The value of bad ideas For more information, visit the show notes at https://affordanything.com/episode410 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#409: Liz and her husband are planning to retire in 5 to 10 years. They have rental income properties, but Liz is bored of managing these, and she’s intrigued by the idea of buying stocks at a discount when the market is low. Should she sell her rental properties and use the money to buy stocks instead? Rebecca is a high income earner and thinking about investing in a Roth 401k … but she’s scared of how much she’ll have to pay in taxes. Should she do it anyway? Anonymous made big changes last year: she got a new career AND sold a house! Now she needs help figuring out capital gains and lowering how much she’ll have to pay in taxes … and she won’t have access to her company’s 401K for most of the year. Kyle and his wife are moving into their dream home! What should they do with their current place? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here Learn more about your ad choices. Visit podcastchoices.com/adchoices

#408: When Kiersten and Julian Saunders began dating in 2012, they fell in love quickly, and their relationship felt strong – until they started talking about money. They broke up as a result of their first money conversation. Luckily, they got back together, figured out how to have tough conversations, and paid off $200,000 in debt over the next five years. Then they started thinking about how to hack their careers. They came up with a plan for a 15-year career. Today, they join us on the podcast to talk about the 15-year career framework and how to approach your career - and your finances - in 5 year stints. Timing of discussion points as per October 2022: 00:25: Introduction to Kiersten and Julien Saunders 02:05: The money conversation that changed everything 11:25: Examples of interaction patterns around money discussions 12:08: Tactics to continue difficult money conversations 16:18: Starting a 15-year career 17:48: The focus of the first five years: your financial foundation 18:17: Transitioning to the second five years and defining your super power at work 18:50: Building your exit plan in the last five years 22:57: Thinking about side hustles and the factors of urgency and upside 24:29: How does a person know how to make money 29:28: Maintaining momentum towards your goals over the 15 year time span 31:37: Is it possible to accelerate the 15 year timeline? 35:12: Thinking about risk after your career Learn more about your ad choices. Visit podcastchoices.com/adchoices

#407: Ionnie wants to vet her tax professional as diligently as she assesses her financial advisor – how should she go about doing that? Anonymous needs a career change, and she needs help figuring out how to approach the decision making process when choosing and preparing for her next field of employment MM prefers the simple path to wealth and investing in real estate but is looking for more information on a more intentional and selective approach to investing. Ingrid calls in to ask whether she should include her rental income when trying to figure out how much she can contribute to her Roth IRA. Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#406: In this two-part episode, we first tackle the data points needed to assess various investment locations within your city of choice. We will cover seven specific neighborhood characteristics to review before diving into deal finding, and three things to look at once you've found a specific deal to evaluate. Then, we interview Kristen Lazure, the producer behind the Netflix movie "Get Smart With Money". The movie follows 4 financial coaches — Tiffany Aliche, Peter Adeney, Ross Mac and myself — as we help four people who are struggling with some aspect of their financial lives. Tune in for behind-the-scenes movie insights and enjoy today's episode! Timing of discussion points as per October 2022: 01: 49: Topic introduction 04:03: Tip on visualizing the data 06:00: Current and future locations of employers 11:55: Impact of the local business landscape and housing prices 13:22: Investments from municipalities 15:02: The importance of school districts 16:28: Adjusting location evaluations based on strategy 18:57: Understanding the crime landscape, flood plains and walk scores 29:28: Introduction to Kristin Lazure and Get Smart With Money discussion Learn more about your ad choices. Visit podcastchoices.com/adchoices

#405: Daniel and his wife want to go on an extended vacation and leave their jobs next year…and still have money in case there’s a problem at their rental properties. Would a HELOC help them? Anonymous and her husband have received a large commission and want to understand how to better plan for their future by optimizing for these inconsistent windfalls. Brian has hit coast F.I.R.E and would like guidance on how to prioritize between tax advantaged accounts and retirement accounts. Anonymous and his wife have been focused on getting short term rentals in a single location - is his portfolio too focused on this singular strategy?? Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#404: When Rand Fishkin was 25 years old, he carried $500,000 in credit card debt. Less than a decade later, Rand was the Founder and CEO of a company that grossed $35 million in annual revenue. In this episode, Rand shares the story of hitting his financial rock-bottom and making the ultimate comeback. Learn more about your ad choices. Visit podcastchoices.com/adchoices

#403: September Sabbatical continued! If you’ve been listening to the show for the past few years, then you know that we’ve entered our September Sabbatical, where the team takes a break from podcast production and airs a few of our favorites from the 400+ episodes we’ve aired to date. F.I.R.E. holds four pillars: Financial psychology, Investing, Real estate, and Entrepreneurship. This September, we’re running four weeks of episodes focusing on each of these four pillars. Today’s episode is focused on real estate. —------------------------------------------------------------------------------------- Chad Carson’s friends called him a “nerdjock.” When former college football linebacker Chad Carson graduated from Clemson University, he decided to start a business. But he didn’t have any money. He was a 235-pound athlete who attended college on a football scholarship. He graduated debt-free with $1,000 in savings from various odd jobs. He wanted to become an entrepreneur, and he knew he was starting from zero. As Chad viewed it, starting from zero meant he had nothing to lose. He started jogging around local neighborhoods near the university. Whenever he noticed a property in disrepair, he’d ask if it was for sale. If he noticed a ‘For Sale by Owner’ sign in the yard, for example, he’d dial the number. If he noticed a home with an overgrown lawn and no curtains in the windows, he’d leave a note on the door, or he’d knock on the neighbor’s doors to get the owner’s phone number. By doing this, Chad started a real estate wholesaling business. He’d find off-market properties, enter into a sales contract with the owner, and then ‘flip’ the contract to an investor. He earned around $5,000 for each deal. The benefit to a wholesaling business, Chad discovered, is that he could get a foothold inside the real estate industry without much access to capital. He was a recent college graduate without any official employment, so most banks weren’t interested in offering him loans. Wholesaling gave him a start in the industry. But after awhile, he wanted to chase bigger deals. He and a business partner decided to start flipping houses themselves. They earned profits of around $20,000 to $30,000 for each deal. While this was great, Chad wanted to transition into something that would provide a steady, stable income stream. He was running an active business; he wasn’t accumulating a portfolio of passive investments. He and his business partner stopped flipping homes and began accumulating buy-and-hold rental properties. Today they have 90 units between the two of them. A few years ago, Chad realized that the passive income from his investments made him financially independent. He and his wife decided to enjoy their newfound freedom by moving to Ecuador with their two children, ages 3 and 5. They spent 17 months living in Ecuador, learning Spanish and enjoying a slower pace of life. They recently returned to the U.S. and are considering moving to either Spain or Germany — or maybe Colorado? — for their next adventure. In today’s episode, Chad and I discuss real estate, financial independence, and international travel with children. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

#522: Emily Anne is worried about her obsessive tracking behavior. She’s in great financial shape but struggles to shake the constant compulsion to check her accounts. What should she do? An anonymous caller and his partner plan to use geo-arbitrage to retire early before reaching their financial independence number. Can they have their cake and eat it too? Kevin and his wife are having second thoughts about their Delaware Statutory Trust (DST) real estate investments. How do they back out without compromising their estate plan? Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode. Enjoy! P.S. Got a question? Leave it at https://affordanything.com/voicemail For more information, visit the show notes at https://affordanything.com/episode522 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#402: Do you wrestle with the idea of leaving your savings in an account earning next to nothing versus investing it in the stock market? Do you use investment strategies that allow you to work with your nature, rather than against it? Are you careful to seek investment advice from those who share your investment goals, or do you get caught up in the trends of day traders? Morgan Housel, author of The Psychology of Money, joins us to discuss why investing is not the study of finance, but the study of how people behave with money. Morgan is an award-winning financial journalist, former columnist for the Wall Street Journal and The Motley Fool, and one of the foremost thinkers in the world of investing. As a long-term investor who shares our buy-and-hold philosophy, Morgan has behavioral finance insights that can help us invest for financial independence with more clarity and a better understanding of ourselves. We discuss how to develop self-awareness around biases, the importance of flexibility for long-term strategies, saving like a pessimist and investing like an optimist, becoming durable in the face of market adversity, the key difference between patience and stubbornness (and how it affects your mindset), expectation management, the importance of bonds and emergency funds, and a difficult lesson about tail risks that Morgan learned at age 17. You’ll enjoy this episode if… You’re super Type A with your investment portfolio and have a hard time letting go of plans that didn’t work out You want to learn a framework that can help you roll with the inevitable punches of the stock market You feel behind and have no idea how to develop a sense of what ‘enough’ is You’re tired of trying to overcome your inherent biases and reactions to the market and want to try something different For more information, visit the show notes at https://affordanything.com/episode402 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#401: It’s September! If you’ve been listening to the show for the past few years, then you know that I’m on what I’ve dubbed my September Sabbatical, in which I’m taking a break from podcast production. F.I.R.E. holds four pillars: Financial psychology, Investing, Real estate, and Entrepreneurship. This September, we’re running four weeks of episodes focusing on each of these four pillars. Today, we kick off with an episode focused on financial psychology. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today we’re sharing three talks given at the EconoMe conference, with each of these talks relating to F.I.R.E. The three discussions are: FI-Landia is a lie - What I Learned On My Journey To F.I.R.E., with Carl Jensen What If You Achieve All Your Goals But You’re Still Not Happy, with Rich Jones How To Never Again Say, “I Can’t Afford It”, with Paula Pant Details below: Carl Jensen: 05:27: Session begins 08:02: Sharing the message of financial independence and being hit with the “What If’s” 12:24: The concern about running out of money 20:16: The real value of fire Rich Jones: 32:50: Session begins 35:55: The importance of knowing who you are, what you want, and why 39:36: Day jobs: love vs. purpose 43:26: Why you should track your work 46:18: How to think like a recruiter 51:44: Why giving yourself permission could be your game changer Paula Pant: 59:34: Session begins 1:02:21: The importance of reframing the word “can’t” 1:10:29: Traditional budgets, zero based budgets and anti budgets 1:19:49: The benefit of high friction activities  * Timestamps accurate as of September 2022. Starting 60 days after episode release, timestamps may shift slightly as we make updates and changes **The next EconoMe will be held March 17th-19th 2023, in Cincinnati, Ohio. For more information or 10% off tickets, please go to: EconoMe Conference and use discount code: AFFORDANYTHING. Learn more about your ad choices. Visit podcastchoices.com/adchoices