Podcasts about behavior gap

Hi, and welcome to The Long View. I'm Christine Benz, director of personal finance and retirement planning for Morningstar. Today on the podcast we welcome back Carl Richards, who's the author of a new book called Your Money: Reimagining Wealth in 101 Simple Sketches. His previous books, The Behavior Gap and The One-Page Financial Plan, were both bestsellers. Carl started the Sketch Guide column in The New York Times and it ran weekly for a decade. Carl is a certified financial planner, and he started the Society of Advice, which is a community of financial planners dedicated to the craft of advice. In addition, Carl is active on the podcast circuit. He hosts Behavior Gap Radio, as well as a podcast called 50 Fires: Money and Meaning with Carl Richards. Carl also co-hosts a podcast with Michael Kitces called Kitces & Carl - Real Talk for Real Financial Advisors.BackgroundBioThe Society of AdviceBehavior Gap Radio50 Fires: A Podcast About Money and MeaningKitces & Carl – Real Talk for Real Financial Advisors“Carl Richards: ‘Less Focus on Being a Little Less Wrong Tomorrow,'” The Long View podcast, Morningstar.com, May 13, 2020.“Carl Richards: It Should Be OK to Relax Out Loud,” The Long View podcast, Morningstar.com, July 27, 2021.BooksYour Money: Reimagining Wealth in 101 Simple SketchesThe Behavior Gap: Simple Ways to Stop Doing Dumb Things With MoneyThe One-Page Financial Plan: A Simple Way to Be Smart About Your MoneySketches and PodcastsThe Magic Certainty Button“Visual Sketches as Conversation Starters to Help Clients Make Better Financial Decisions,” Kitces & Carl podcast, Episode 175, kitces.com, Oct. 16, 2025.Where to Place Your Focus“Is There a Future of Financial Planning in the AI Era?” Kitces & Carl podcast, Episode 169, kitces.com, July 24, 2025.Other“Brian Portnoy: Balancing Returns With Simplicity, Financial Independence, and Peace of Mind,” The Long View podcast, Morningstar.com, Sept. 29, 2020.“Why We Spend the Way We Do With Gretchen Rubin,” 50 Fires podcast with Carl Richards, 50fires.com, May 28, 2025.Paige Pritchard“Money, Family, and Meaningful Work With Jodi Kantor and Rob Lieber,” 50 Fires podcast with Carl Richards, 50fires.com, Sept. 18, 2024.Morgan HouselZero to One: Notes on Startups, or How to Build the Future, by Peter ThielVollebak Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today's guest is Carl Richards. Carl is a Certified Financial Planner, built and sold an investment firm, and hosts the podcast 50 Fires, which is backed by Chip and Joanna Gaines. He's also the author of The Behavior Gap and The One-Page Financial Plan and his newest book is called Your Money: Reimaging Your Wealth with 101 Simple Sketches. In today's episode, Carl discusses the emotional aspects of money and how our perceptions of wealth can be influenced by societal norms and personal experiences. He introduces concepts like the emotional balance sheet and the overnight test for investment decisions, emphasizing the need to align financial choices with personal goals rather than external pressures. The discussion also touches on the impact of news and social media on financial behavior. (0:00) Starts (1:15) Introduction of Carl Richards (5:32) Emotional aspects of money (12:19) The overnight test (20:26) Focusing on what you can control (24:36) Fundamental investing principles (28:11) Social comparisons and social media effects (32:28) The concept of perceived wealth (37:16) Lifestyle inflation and hedonic adaptation (44:39) Diversification and performance chasing performance (48:22) The impact of news on investments and when to sell (52:13) Scarcity vs abundance mindset (54:51) Celebrating milestones, Carl's future plans, and reader responses ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is sponsored by Lightstone Direct LLC. Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk. Please visit LightstoneDirect.com for a full list of disclosures.__________________________________________________What happens when money, meant as a tool, becomes the driving force of our lives, sidelining health, family, and purpose?In this transformative episode of Succeeded Medicine Podcast, Carl Richards, joins Dr. Cobin Soelberg to unpack how society—especially in the U.S.—has "lost the plot" on money. Drawing from his four years in New Zealand, where he noticed a cultural shift prioritizing life over work, Carl challenges the Western tendency to make money and work the organizing principles of existence, often at the expense of sleep, health, and relationships. He shares a vivid metaphor of money as a discouraged golden retriever, earnestly trying but failing to deliver intangibles like love, happiness, or self-worth. For physicians, this resonates deeply with the pressures of high-stakes careers and financial expectations. Carl offers actionable insights: assign money specific "jobs" it can handle (e.g., funding experiences or security) while releasing it from impossible tasks (e.g., defining self-esteem). He introduces the concept of "forcing functions"—deliberate commitments like signing up for a retreat or coaching a child's soccer team—to align actions with values. Reflecting on his retreats, including a women's financial advisor event and an upcoming couples' retreat, Carl emphasizes creating safe spaces for tough conversations about risk, uncertainty, and values. He advocates for quiet reflection—whether through meditation, gardening, or mountain biking—to escape the "matrix" of comparison and competition, a trap many physicians face in demanding healthcare systems. Three Actionable Takeaways: Reframe Money as a Tool to Serve Your Values: Physicians often face societal pressure to prioritize financial success, but Carl emphasizes that money is a tool, not the goal. It excels at funding tangible needs like a secure retirement or family vacations but fails at delivering intangibles like love, self-worth, or happiness. To apply this, list your core values (e.g., family time, patient care, personal health), then evaluate your financial decisions—such as investments or practice expenses—to ensure they align with those values, reducing stress and fostering purpose.Use Forcing Functions to Drive Intentional Change: Carl's concept of "forcing functions" involves committing to actions that push you toward your desired life, even if uncomfortable. For physicians, this might mean signing up to coach your child's soccer team to prioritize family, enrolling in a mindfulness retreat to combat burnout, or scheduling regular "quiet time" to reflect on career goals.Prioritize Quiet Reflection to Escape the Comparison Trap: The healthcare system's competitive "matrix" can erode well-being, but Carl advocates for intentional pauses—through meditation, nature, or activities like mountain biking—to rediscover what truly matters. Physicians can carve out 10-20 minutes daily for journaling or mindfulness to clarify their "world," as inspired by David Whyte's Sweet Darkness. This practice counters burnout by helping you focus on what brings you alive, such as patient connections or personal growth, rather than external metrics like income or status.About the Show:Succeed In Medicine  covers patient interactions, burnout, career growth, personal finance, and more. If you're tired of dull medical lectures, tune in for real-world lessons we should have learned in med school!About the Guest Hosts: Carl Richards is a financial storyteller, artist, and author known for his "Sketch Guy" column in the New York Times. With decades in the financial sphere, he helps people re-imagine wealth through simple sketches and profound insights. His new book "Your Money: Re-Imagining Wealth in Simple Sketches," challenges conventional views on money. Carl draws from global experiences, including four years in New Zealand, and hosts retreats focused on values, risk, and decision-makingWebsite: https://behaviorgap.com Dr. Cobin Soelberg is a private practice anesthesiologist and principal advisor at Greeley Wealth Management. He focuses on financial strategies, personal development, and holistic success for healthcare professionals. Drawing from his own career, he integrates practical advice with deeper reflections on wealth and well-being. Website: GreeleyWealthManagement.com This medical podcast is your physician mentor to fill the gaps in your medical education. We cover physician soft skills, charting, interpersonal skills, doctor finance, doctor mental health, medical decisions, physician parenting, physician executive skills, navigating your doctor career, and medical professional development. This is critical CME for physicians, but without the credits (yet). A proud founding member of the Doctor Podcast Network!Visit www.physiciansguidetodoctoring.com to connect, dive deeper, and keep the conversation going. Let's grow! Disclaimer:This podcast is for informational purposes only and is not a substitute for professional medical, financial, or legal advice. Always consult a qualified professional for personalized guidance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Brian Thompson chats with Carl Richards — Certified Financial Planner™, creator of The New York Times “Sketch Guy” column, and bestselling author of “The Behavior Gap” and “The One-Page Financial Plan.” Carl's simple Sharpie sketches have transformed how millions of people think and talk about money. In his latest book, “Your Money: Reimagining Wealth in Simple Sketches”, he shares 101 drawings and essays designed to spark deeper conversations about money, values, and what matters most. In this conversation, Brian and Carl dive into the emotional side of money and debate whether money actually can buy happiness. Episode Highlights A good sketch can start a conversation. Carl said the impetus behind his new book is simple: we're not talking about money in the right way. Instead of focusing on financial “noise” like markets and TV pundits, he wanted to give people tools to have conversations that align money with their values. “Really good financial decisions happen when we make a little bit of meaning out of money,” Carl said. “We're getting clear about our purpose.” Money = feelings. Carl's first sketch in the book, and arguably the most powerful, is simply, “Money = Feelings.” He emphasized that money evokes an emotional response, whether that's anxiety, freedom, or joy. “We're not talking about spreadsheets and calculators,” Carl said. Order can be powerful. Bringing order to chaos can provide a sense of control when life feels overwhelming. Whether it's finally sorting through a pile of unopened mail or cleaning the garage, creating a sense of order can help ease anxiety and overwhelm. “There are so many global things going on that are out of our control,” Carl said. “If you feel nervous or scared, go clean the garage, do the dishes, do something that gives you a sense of control and order.” Money can buy happiness — if you spend it right. Can money buy happiness? Carl believes the answer is yes — if you know how to spend it. Money spent on meaningful experiences with loved ones or exerting more freedom over your time is money well spent. “Nobody wants more money,” he said. “They want what they think money will give them, and if you don't do the work to figure out the difference, then more money won't buy you happiness.” Resources + Links Carl's newest book: “Your Money: Reimagining Wealth in Simple Sketches” Bulk order “Your Money: Reimagining Wealth in Simple Sketches” and save an additional 5% by using the code YourMoney5 at checkout Carl's other books: The Behavior Gap and The One-Page Financial Plan Episode 40: Making Complex Ideas Simple with Carl Richards Carl's podcast: Behavior Gap Radio The Society of Advice online community of financial planners Carl's New York Times column Follow Carl Richards Online: Website, Instagram, X, LinkedIn Brian Thompson Financial: Website, Newsletter, Podcast Follow Brian Thompson Online: Instagram, Facebook, LinkedIn, X, Forbes About Brian and the Mission Driven Business Podcast Brian Thompson, JD/CFP, is a tax attorney and Certified Financial Planner® who specializes in providing comprehensive financial planning to LGBTQ+ entrepreneurs who run mission-driven businesses. The Mission Driven Business podcast was born out of his passion for helping social entrepreneurs create businesses with purpose and profit. On the podcast, Brian talks with diverse entrepreneurs and the people who support them. Listeners hear stories of experiences, strength, and hope and get practical advice to help them build businesses that might just change the world, too.

Ever feel like you know what matters to you, but the way your life looks day to day doesn't reflect that? You believe in health, but you're running on caffeine and fumes. You believe in peace, but your home feels chaotic. You believe in connection, but you're snapping at the people you love. That's the Belief–Behavior Gap, and if you're stuck in it, this episode is your compass back. In this honest conversation, I'm breaking down why we often feel off even when we're trying hard, what psychology says about the misalignment between our values and actions, and how to gently get back on track without shame, guilt, or overhauling your life overnight. If you've been living on autopilot and wondering why things feel heavy or disconnected, you're not alone, and you're not broken. Let's reconnect the direction you want to go… with the road you're actually walking.  What You'll Learn in This Episode: What the Belief–Behavior Paradox is and why it causes so much mental and emotional clutter Why good intentions aren't enough (and what to do when your actions don't match your values) How our brains sabotage our best efforts with short-term fixes like scrolling, shopping, or staying busy What “false norths” are and how culture pulls us off course without us noticing Why some seasons of life require survival mode (and why that's okay!) The 3-step framework to gently realign your values and habits without starting from scratch Try This Today: Name your compass. Out loud. What do you believe matters most right now? Notice the gap. Where are your actions veering away from what you say you value? Take one small step. Something tiny that realigns your road with your compass. Then… celebrate it. Ready to Simplify Even More? Start Here: Join Clutter Cure Club Ready to declutter your home, simplify your habits, and live more aligned with what matters most? Inside CCC, we turn powerful mindset shifts (like today's episode) into tiny, doable steps that actually stick.

Carl Richards started The Sketch Guy column in The New York Times from the hills of Utah, crafting clear, relatable insights about money with just cardstock and a Sharpie. The column ran weekly for a decade. This journey began when Carl applied for what he thought was a job as a “security guard,” only to find out the ad actually said “securities.” That slight misstep sparked a lifelong dedication to reshaping how we think about money.Since then, Carl has become a Certified Financial Planner™, built and sold a successful investment firm, and spoken at financial and investment events worldwide—from Australia to South Africa, the UK, and major economic centers across Europe, Canada, and the United States. His bestsellers, The Behavior Gap and The One-Page Financial Plan, have been translated into over ten languages and continue to resonate globally.Through his daily podcast, Behavior Gap Radio, which now has over 1,000 episodes and over one million downloads, Carl shares new perspectives on aligning our resources with what truly matters. His latest audio project, 50 Fires, backed by executive producers Chip and Joanna Gaines, explores the intersections of money and meaning with guests like Pete Holmes, David Whyte, Krista Tippett, and his favorite guest by far, his wife, Cori.Carl founded The Society of Advice, a community of financial planners dedicated to the craft of advice. They gather for a monthly online workshop and frequent retreats in Park City, Utah.In 2025, Carl will release a new book that, true to form, will be unlike anything seen in the personal finance section—and you better believe there will be sketches (101 of them, to be exact).Pre-Order: Your Money: Reimagining Wealth in Simple SketchesWhen he's not exploring ideas about money, Carl, a Wilderness First Responder, can be found navigating Utah's high mountain ridges on foot, skis, or bike. Married to Cori since 1995, they have four kids, whom they consider their best friends.For information about Carl Richards speaking to your organization or appearing on your podcast, click here.TwitterInstagramLinkedInEpisode Summary:In this special episode of Money Roots, host Amy Irvine welcomes Carl Richards, also known as the Sketch Guy of the New York Times. The discussion centers around Carl's innovative new book, which serves as both a financial guide and conversation starter, featuring 101 insightful sketches and essays about personal finance. Through this medium, Carl aims to encourage meaningful dialogue about money—a subject often avoided yet deeply impactful in our personal lives. From his unconventional start in finance to becoming an influential voice in financial planning, Carl's journey is a testament to reshaping how people perceive and engage with money.Throughout the conversation, Carl emphasizes the critical role of conversations in financial planning, advocating that understanding and clarity arise from dialogue. Amy and Carl delve into the book's thematic sections, exploring how each segment—from...

Money isn't just math. It's feelings.In this episode of the Free Lunch Podcast, Greg and Colin sit down with special guest Carl Richards, author, and creator of The Behavior Gap, to talk about his new book Your Money.They explore why financial planning is less about spreadsheets and more about meaning, values, and the conversations we have never been taught to have.

In today's show I'd like to remind you of some of the foundational principles I use to grow my wealth. I'll discuss things that "always worked" rather than things that are working now. Now to be clear… this is very different from most of what you hear in the news, which basically focuses on short-term investment trends. You know... those headlines that we've been seeing so much of recently - the top 10 areas to invest in 2025, the top 5 lessons from 2024, what's ahead for interest rates or where's the next hotspot. I also discuss the difference between expectations and forecasts and provide insights into the current market dynamics and future outlook for property investment to give you some clarity in the chaos of the many mixed messages in the media. Takeaways Focus on long-term investment strategies rather than short-term trends. Recognize the behaviour gap between intentions and actions. Successful investing requires patience and discipline. Building a strong team of independent advisors is crucial for property investment success. Expectations should guide your investment strategy; they are more useful than forecasts. The property market is cyclical; prepare for downturns and upturns. Investment-grade properties are key to long-term wealth creation. Current market conditions present unique opportunities for savvy investors with a long term focus. Understanding market dynamics can help mitigate risks. Strategic planning is essential for achieving financial goals in property investment. Chapters 07:15 Key Investment Principles 13:06 Expectations vs. Forecasts 18:00 Current Market Opportunities 22:17 Understanding the Behavior Gap 23:43 Recognizing and Closing the Gap 24:27 Introduction to Real Estate Investment 24:28 Understanding Market Trends and Analysis 24:32 Introduction to the Podcast and Demographics Decoded 25:52 Special Offers and Resources for Listeners 27:15 Understanding Property Investment Strategies   Links and Resources:    Michael Yardney    Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us    Join us at Wealth Retreat - Australia's Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au     Get a bundle of eBooks and Reports at www.PodcastBonus.com.au     Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for  Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.    Shownotes plus more here: 5 ways I'm going to ensure my property investments outperform this property cycle      

Today we are talking with Carl Richards. Carl is a Certified Financial Planner, author, podcaster and educator. He is one of the most influential voices in the financial planning world. The title of his book is The Behavior Gap. In this discussion we get into what the behavior gap is, how big it is, why it is so persistent and what we as investors can do about it. We also talk about the state of the financial advisory industry and why there are not enough "real advisors". We talk about how investors should interact with advisors and how to find a good one. That and more in this compelling discussion. Today's episode is brought to you by SoFi, helping medical professionals like us bank, borrow, and invest to achieve financial wellness. SoFi offers up to 4.6% APY on their savings accounts, as well as an investment platform, financial planning, and student loan refinancing…featuring an exclusive rate discount for med professionals and $100/month payments for residents. Check out all that SoFi offers at https://www.whitecoatinvestor.com/Sofi *Loans originated by SoFi Bank, N.A., NMLS 696891. Advisory services by SoFi Wealth LLC. The brokerage product is offered by SoFi Securities LLC, Member FINRA/SIPC. Investing comes with risk including risk of loss. Additional terms and conditions may apply. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

Welcome to the Market Moment! This week, Matt, John and Lee discuss what's called "the behavior gap" which is the difference between an individual investor and someone who is hired to invest. It turns out, individual investors, those who invest for themselves personally, do worse in their portfolios. One of the biggest reasons is emotion, and another one is trying to "time the market" which tends to involve late or old information. You can't really time the market! The guys also discuss the Fed, and Matt poses the question, "what SHOULD the Fed do?" Remember you can email your comments and questions to us with this email:  TheMarketMoment@mach1fg.com   And you can join the growing online Market Moment community and never miss a new video by clicking this link!    Mach-1 Financial Group, LLC ("Mach-1") is a registered investment adviser located in Rogers, AR. Mach-1 may only transact business in those states in which the firm maintains a notice filing or has qualified for an exemption or exclusion from registration. A copy of Mach-1's current written disclosure brochure, which discusses among other things, Mach-1's business practices, services and fees, is available through the SEC website at www.adviserinfo.sec.gov and is also available at www.mach-1financial.com/disclosures

Jesse starts this episode with a confession: money still stresses him out. The four ways that Jesse reduces this stress are remembering what's going right financially, prioritizing spending, working hard, and remembering that others have walked this path.    Then, with another call back to his blog, Jesse invokes Marshall McLuhan's quote “the medium is the message” when sharing from his post, “The Friction is the Message”.    Today's guest is Carl Richards, the creator of the Behavior Gap, author of The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money, and host of Behavior Gap Radio. Not only has Carl been featured on Oprah.com and Forbes.com, he's the creator of the Sketch Guy column which ran weekly for a decade in The New York Times. In this episode, Carl gives us some great insight into how we can refocus ourselves and our finances on what really matters to us.   If you're interested in not only financial planning, but time, energy, and attention planning, too, then this is the episode for you!   Key Takeaways: • 4 ways Jesse reduces his financial stress. • Friction as a bad thing, and friction as a good thing. • Why you should invite imposter syndrome in. • What is the Behavior Gap?  • How to choose your financial advisor. • How to manage your money, time, energy, and attention.   Key Timestamps: (02:10) Jesse's Monologue: Money Still Stresses Me Out   (07:24) Managing Financial Stress: Four Key Reminders   (13:42) The Friction is the Message   (22:14) Carl Richards Joins the Conversation   (28:48) Why Carl Shares   (30:41) Overcoming Fear, Anxiety, and Imposter Syndrome (39:02) The Behavior Gap in Investing   (44:48) The Value of Real Financial Planning with a Real Advisor (52:28) Conclusion and Resources   Key Topics Discussed: The Best Interest, Jesse Cramer, Rochester New York financial planning, financial stress, human capital, personal energy, mental attention, financial advisor, imposter syndrome, financial anxiety, the Behavior Gap, the Friction is the Message   Mentions: Website: https://behaviorgap.com/  LinkedIn: https://www.linkedin.com/in/thinkingcarl/  Mentions:  https://bestinterest.blog/money-still-stresses-me-out/  https://bestinterest.blog/the-friction-is-the-message/  https://bestinterest.blog/selling-and-surviving/ https://behaviorgap.com/radio/  https://www.50fires.com/    More of The Best Interest: Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog   The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

In this episode, I'm joined by Carl Richards, a Certified Financial Planner (CFP®) and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. This episode originally aired in 2023 and was a top interview of the year. Although this is a replay, the content shared is just as relevant today and important to consider for your investing strategy.   Listen now and learn:   How investors fall victim to the behavior gap What it means to do real financial planning The best way to avoid “The Big Mistake”   To see the original show notes, YouTube interview, and resources visit this page: EP 100: What Real Financial Advice Means with Carl Richards.   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.   TIMESTAMPS:  (04:30) What is the Behavior Gap? (07:45) Why Investors Get Distracted (11:05) What Investors Need When Markets Are Scary (17:30) Real Financial Planning  (24:30) Getting Ahead vs. Having Enough  (30:00) The Value of a Real Financial Advisor  

Carl Richards is a Certified Financial Planner™ and creator of the Sketch Guy column, which appeared weekly for a decade in The New York Times. He is the author of The Behavior Gap and host of the new podcast 50 Fires (I'm a guest!). We cover a range of complex financial topics in this episode from "enoughness" to finding meaning in your career and making investments that are "worth it."Listen to Carl's previous appearance on So Money. Hosted on Acast. See acast.com/privacy for more information.

We horen er veel over; rendementen. Waar komen rendementen vandaan? Welke invloed heb jij er op en waarom is een financieel adviseur de beste stap richting een hoog rendement? Ik ga in gesprek met Egbert Berkhoff van NNEK Vermogensbeheer.Support the showInsta: https://www.instagram.com/michiel.van.vugt/LinkedIn: https://www.linkedin.com/in/michielvanvugt/

In this episode of Behavior Gap radio, Carl shares a story about the complexities of social status and self-perception. He prompts listeners to explore their honest emotions in moments of perceived judgment and comparison. 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/

Are you struggling to attract clients and close acquisition gaps? It might be time to rethink your marketing approach. Join Jack Martin and Carl Richards, creator of The Behavior Gap and founder of The Society of Advice, to learn how to foster genuine new connections... The post Cracking the Client Acquisition Code with Carl Richards (Ep. 60) first appeared on InsurMark.

In this podcast, Dr. Daniel Crosby joins Joseph to discuss the impact of behavioral biases on retirement planning. They delve into overconfidence as a key bias, emphasizing its role in risk-taking behavior and decision-making. Dr. Crosby advises automating financial processes and seeking professional guidance to bridge the behavior gap. The conversation also previews Dr. Crosby's upcoming book, "Soul of Wealth," which explores 50 essays on mind, money, and meaning, offering valuable insights for those navigating the psychological challenges of retirement.  Read the full show notes and find more information here: EP 80 Show Notes

There is a huge gap between knowing and doing. This Knowledge-Behavior Gap is what we should mind. Listen. --- Send in a voice message: https://podcasters.spotify.com/pod/show/fqmom/message

How can we do what we say we want to do or help others out that say what they want to do?

In recent years, market volatility has tested the mettle of even the most experienced investors. From stock market fluctuations to unpredictable bond prices, successfully managing our finances has become more challenging than ever. During times of uncertainty, fear-driven decision making can lead to a behavior gap that significantly affects our financial health.  This episode is specifically here to help you understand these behaviors and provide practical strategies to avoid falling into these common financial traps.

Jen and Noam discuss…a whole bunch of random stuff. MrBeast makes the internet mad (again) by being a decent human, governments that waste humanitarian money on God knows what, random bits on the Israel - Hamas war, people having to live in the world they created (and losing their jobs because of it), the proper way of wearing a tallit, Hamas' mastery of packaging propaganda, and a bunch of other stuff. Ambitious Crossover Attempt has a Twitch channel! Hooray! More streaming for us (and you)! We are working on creating a streaming schedule but for now make sure to follow us on Twitter for updates. https://www.twitch.tv/ambitiousxover 

Curiosity and prioritizing clients' problems is an essential skill in financial advising.In this episode, Ana Trujillo Limón, Director, Coaching and Advisor Content, speaks with Carl Richards, Founder of The Society of Advice, about why it's important for advisors to understand that their clients' priority is their problem, not the advisor's solutions. They emphasize the need for advisors to stay curious, gather information about their clients' current issues, and address the challenge of delivering certainty. Additionally, they discuss the evolving role of financial advisors and the significance of the field of financial therapy.Carl discusses: Why it's important for advisors to understand that people don't care about your solutions, they care about their problemsHow advisors can stay curious and gather information from their clients about what their current problems areWhy certainty is easy to solve but almost impossible to deliverWhat advisors aren't doing but should be doing to help their businesses and firmsHow he works through feelings of fear, and why advisors shouldn't try to get rid of itWhy the field of financial therapy will become much more meaningfulThe evolving role of financial advisors and why they might soon resemble media companies more than traditional banksAnd moreResourcesCrazy Loco Love: A Memoir by Victor Villasenor MBS.worksConnect with Jamie Hopkins and Ana Trujillo Limón: Carson Group LLCLinkedIn: Jamie HopkinsLinkedIn: Ana Trujillo LimónConnect with Carl Richards:The Society of AdviceBehavior GapLinkedIn: Carl RichardsAbout our Guest: Carl Richards is a Certified Financial Planner™ and creator of the Sketch Guy column, which appeared weekly for a decade in The New York Times. Carl has also been featured on Marketplace Money, Oprah.com, and Forbes.com. In addition, Carl has become a frequent keynote speaker at financial planning conferences and visual learning events around the world.

Year after year, investors underperform the funds they invest in by almost 2%.

Today's guest is JD Gardner, CIO & Founder of Aptus Capital Advisors, which provides risk-managed strategies designed to help clients stay invested through market cycles. Today's episode has an overarching theme that can be summarized by a quote from JD himself: "A strategy's return is much less important than an investor's return while exposed to the strategy." JD explains how they provide solutions to help bridge the behavioral gap and use options provide investors with income and downside protection so investors don't capitulate at the exact wrong time. JD also spends some time discussing the OCIO part of the business and lessons working with advisors in that capacity.  ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today's episode is sponsored by Future Proof. Future Proof, The World's Largest Wealth Festival, is coming back to Huntington Beach on September 10-13th!  New in 2023 is Breakthru Meetings Program – which will be facilitating more than 10,000 1-on-1 meetings. Financial Advisors and LPs, get your ticket FREE plus a $750 reimbursement by applying for the hosted meetings program by the August 15th deadline. Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Subscribe for free here. Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 

In this episode, host Thatcher Taylor discusses the importance of behaviors in investing and how they can be a superpower. He emphasizes the need to set proper expectations about market fluctuations and highlights the inefficiency of markets. Thatcher shares insights from the book "Finance for Normal People" by Meir Statman, which explores the foundations of behavioral finance. He covers topics such as people's normal behavior and rational thinking, the construction of investment portfolios, saving and spending habits, and the role of expected returns in asset pricing theory.The podcast focuses on the significance of behaviors in investment performance. Host Thatcher Taylor explains that behaviors are the main superpower of successful investors and highlights the impact of market fluctuations on investor mentality. He shares his own experiences during challenging market periods and emphasizes the importance of setting realistic expectations."Thinking, Fast and Slow" by Daniel Kahneman"The Behavior Gap" by Carl Richards✅Contact Thatcher at thatcher@propathfinancial.com with comments and questions!Are you over age 50 and need retirement help?Schedule a free consultation https://www.propathfinancial.com/get-startedSubscribe for all things retirement, investment, tax, & estate planning https://www.youtube.com/@functionalretirementJoin The Newsletter For All Wealth Building Tacticshttps://propath.ck.page/60fab1df4d DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos. ​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.

Ik ga in gesprek met Carl Richards die wereldwijd bekend is door simpel te communiceren via schetsen. Hij schreef boeken, was bij Oprah, Forbes en de New York Times. (in het Engels). Lees zijn boek The Behavior Gap. Financieel adviseur? Kijk op www.thesocietyofadvice.com

Guest: Maya Fisher-French | Personal Finance Journalist at Maya on Money| See omnystudio.com/listener for privacy information.

This episode is such a good conversation with Monica Reinagel, a coach who is an absolute pro at nutrition and lifestyle behavior change. If you don't take pages and pages and pages of notes from this one, well, go back and replay it again from the beginning and take notes. You'll put a lot of what Monica shares into practice with your clients - right away. Monica is a licensed board-certified nutritionist with a Master's of Science and Human Nutrition. She's the host of the Change Academy and Nutrition Diva Podcasts. She writes for medium.com, Scientific American, Food and Nutrition Magazine, and she's a frequent health expert guest on shows like The Today Show, CBS News, and NPRs Morning Edition. During the conversation, Monica dives into the idea that people know what to do but they don't know how to make it happen, and how she expanded her nutrition coaching to behavior change. Monica also shares with us the 5 Key Principals that a coach can use to ensure their clients are ready and able to achieve their goals. Monica gives some great examples of how we can make our coaching more effective and less complex. She also emphasizes how us coaches need to balance the do's with the don'ts, keeping our clients away from focusing on perfection, and focusing on the means - not the extremes. She is a boss. You are going to love this episode. Sign up for Monica's 30-Day coaching collaboration at nutritionovereasy.com/challenge Connect with Monica on: Website: https://nutritionovereasy.com Podcast: https://changeacademypodcast.com LinkedIn:https://www.linkedin.com/in/nutritiondiva/ Instagram: https://www.instagram.com/thenutritiondiva/

On today's episode, we brought in thought leader, Carl Richards. I've been following Carl for a long time. He is the creator of The Behavior Gap, a Certified Financial Planner™ and the creator of The Sketch Guy column. We had a dynamic conversation that could have extended for hours. Carl opened up about the impact he's made in the wealth advisors and management industry along with his journey to success. We discussed changing the way we deliver client expectations and rerouting them to their goals, the importance beyond becoming emotionally connected with our clients, what the client can and cannot control, and how to make the change as an advisor that may 10x your business.Carl Richards BioCarl Richards is a Certified Financial Planner™ and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010.Carl has also been featured on Marketplace Money, Oprah.com, and Forbes.com. In addition, Carl has become a frequent keynote speaker at financial planning conferences and visual learning events around the world.Through his simple sketches, Carl makes complex financial concepts easy to understand. His sketches also serve as the foundation for his two books, The One-Page Financial Plan: A Simple Way to Be Smart About Your Money and The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money (Portfolio/Penguin).His sketches have appeared in a solo show at the Kimball Art Center in Park City, Utah as well as other showings at Parsons School of Design in New York City, The Schulz Museum in Santa Rosa, California, and an exhibit at the Mansion House in London.His commissioned work is on display in businesses and educational institutions across the globe.Find Carl on social media here:https://www.linkedin.com/in/thinkingcarlhttps://twitter.com/behaviorgapFollow Us And Find More Content For Financial Advisors and Wealth Management Firms At:www.mattreiner.comYouTubeTwitterLinkedInMentioned in this episode:Benjamin

Welcome to the Summer Series ☀️ 2023 on The Australian Investors Podcast. In episode 1 of our January 2023 Summer Series, analyst Owen Rask and financial planner Drew Meredith dive into everything you need to know about personal finance.  Drew and Owen cover the 5 most important things (plus some) for anyone learning about personal finance. Join the chat on Twitter! What is the Summer Series ☀️? Over Summer 2023, in ~20 minutes (or less) Owen Rask and Drew Meredith, CFP will jump head first into one finance or investing topic per episode, and bring with them heaps of resources to help you grow as an investor. Episode Resources

“Your advice is not as good as you think.” - Derek and Adam have a unique debate on how we can rethink the advice profession even more. Do we have our titles right? Are 30-year retirement projections a righteous trick? Are financial professionals even listening? Join us for this fun, cheeky, and insightful chat featuring Carl Richards' insightful commentary on the state of the advice profession.Carl, Adam & Derek discuss:How Carl got into the financial industry by mistakeWhat is a real financial planner? The neverending alignment of your use of capital (time money energy and attention) with what's important to your clients = real financial advice. Everything else is a righteous trick.Real financial advice is under no threat of fee compression or going away. Being more human = solution to perceived threatHow to be curious longer to give better advice/solutions.Are your clients climbing the wrong ladder?And lots more!Resources:Connect with Carl on LinkedInCheck out the Behavior Gap websiteBuy Carl's books: “The Behavior Gap” and “The One-Page Financial Plan”Follow RethinkFA on LinkedInApply to be a guest on the RethinkFA Think TankConnect With Adam Holt:Schedule an Asset-Map Demosupport@asset-map.com Asset-Map LinkedIn: Adam HoltConnect With Derek Notman:Schedule a Call with DerekConneqtorLinkedIn: Derek NotmanLinkedIn: Conneqtor Twitter: Derek Notman Hosted on Acast. See acast.com/privacy for more information.

The attitude-behavior gap is a fancy schmancy research term that describes the discrepancy between what we say and what we do. When it comes to eco-minimalist living, many of us quietly experience an oversized gap between our values (save the planet! live minimally!) and our actions (buy single use plastic! purchase on impulse!). On today's show we are diving into the recesses of this, well, gap. Why does it exist for the vast majority of us, and how can we close it?Here's a preview:[2:00] A breakdown of the 5 distinct consumer personas: Which one are you?[11:00] 5 reasons why the attitude-behavior gap exists[18:00] 5 steps to closing your own attitude-behavior gap Resources mentioned/Further reading:How To Bridge The Intention-Behavior GapClosing the Attitude-Behavior Gap: The Case of Solidarity Purchase GroupsWhen You Feel Blue About the Environment, Act Green (via Psychology Today)How Brands Can Embrace the Sustainable Fashion Opportunity (via Bain & Company)--* Join our (free!) community here.* Find your tribe. Sustainable Minimalists are on Facebook, Instagram + Youtube.* Email me and say hello! MamaMinimalistBoston@gmail.com.Support this podcast at — https://redcircle.com/sustainable-minimalists/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

If you have listened to our Book Club Episode, one of the books we have mentioned is "The Behavior Gap'' by Carl Richards. So to further talk about how insightful this book is, we invited him to our show to talk about behavior gap, values-based financial choices, and finding the answer to the phenomenon of ‘why you don't do what you say you want to'. Join us as Carl Richards makes complex financial concepts that are easy for us to digest. 

“As it turns out, personal finance is like touching an electric fence that you didn't know what electric. Managing our money is not a math problem; it's a behavioral problem.” Carl Richards is a Certified Financial Planner™ and creator of the Sketch Guy column that appeared weekly in The New York Times (2010-2021). There, he used simple illustrations to introduce calming financial advice and counsel. He is also the author of The One-Page Financial Plan and The Behavior Gap resources — a book, website, and podcast that provide simple ideas to help us “Stop Doing Dumb Things with Money.” Carl's goal is to demystify financial planning by focusing as much — or more — on the humans it serves as it does on the numbers.  Topics discussed in this episode include: The crash of the housing market in 2008. The psychological underpinnings that influence money management. Using a tree as an analogy for financial counseling. Carl's sketches as “shortcuts” and “souvenirs.” Simplifying the complex world of money management. “Conversation grenades.” Why Jeff focuses on curiosity. Takeaways: If you want to understand money management, start by understanding fear and greed. When we talk about return on investment, emotional balance sheets are just as important as financial ones. The line between financial planning and therapy is super thin. Making the complex simple in terms of money management starts and stays with an unrelenting focus on one's goals. Simple line illustrations can be used to engender problem-solving conversations outside the worlds of finance and money management.  Links https://www.linkedin.com/in/thinkingcarl https://twitter.com/behaviorgap The One Page Financial Plan “The Behavior Gap” resources Behavior Gap Radio (free site) The Behavior Gap website The Behavior Gap book  

Manisha Thakor is excited to help you achieve financial freedom. But unlike a lot of so-called financial gurus, she begins in an unexpected place: Your feelings around money.   Manisha believes that finance doesn't have to be complicated-you can unpack your emotional barriers, simplify your life and ultimately pursue your life's purpose using money.  Manisha Thakor, CFA, CFP, is the founder of MoneyZen, a boutique financial wellbeing consultancy. A 25-year veteran of the financial services industry, her work has been featured in: The Wall Street Journal, The New York Times, CNN, CNBC, Womens Health and Real Simple. Manisha sits on the board of The National Endowment for Financial Education and has authored two personal finance books for young women. Manisha earned her MBA from Harvard Business School and her BA from Wellesley College. Having worked for 25+ years in the predominantly (white) male financial services industry, Manisha has come to see firsthand how important it is to empower women to achieve financial wellbeing. She ardently believes that money gives women voices and choices. What's your money story? Rather than just diving into your financial history, Manisha wants you to dig deeper into how you feel about money. How did your family discuss finances when you were growing up? What limiting beliefs might you have adopted about scarcity or wealth? The answers to these questions might shed new light on your journey with money as an adult and reveal the secrets to setting yourself financially free. What is financial freedom? To Manisha, financial freedom is all about choices. When you create financial freedom for yourself, you have the ability to explore your interests, protect your investments and avoid toxic situations. It all starts with your money story! Quotes “My mission is to help people fight through the abundance of information to help people arrive at calm, confidence and clarity around their personal finances.” “The biggest tool I have found is your money stories, and your money history. I advise corporate clients to do something called money circles, where you get together around certain topics…mostly to talk about money feelings and what's blocking you. People work through their gunk and are able to actually make decisions.” “Emotional wealth comes down to simplicity, small joys and financial independence.” “Financial independence is the ability to extract myself from any situation that is toxic to me.” “The number one thing I get asked daily is, how can I find trustworthy guidance and advice for my situation?” “Financial health doesn't mean that you're always chasing more, more, more. That gets you into a never-enough mindset.” Links mentioned in this episode: Check out the MoneyZen website: https://moneyzen.com/  Connect with Manisha Thakor on LinkedIn: https://www.linkedin.com/in/manishathakor/  Follow Manisha on Twitter: https://twitter.com/ManishaThakor  Manisha references Courtney Carver's 333 method for simplifying for life. You can explore it here: https://bemorewithless.com/project-333/  Manisha discussed Jean Chatzky's Her Money Media website. You can check it out here: https://hermoney.com/  She also highly recommends Carl Richards' weekly newsletter, Behavior Gap (modeled after his book, Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money). You can receive it here: https://behaviorgap.com/

Carl is a Certified Financial Planner, the creator of the Behavior Gap, and creator of the The New York Times Sketch Guy column. He and Louis talk about finding and servicing your "tribe" when it comes to clients, and the challenges of serving those clients on a global scale. Carl Richards LinkedIn: https://www.linkedin.com/in/thinkingcarl/ Behavior Gap Website: https://behaviorgap.com/ Sketch Guy Column: https://www.nytimes.com/column/sketch-guy  For more information on PortfolioMetrix reach out to our team or follow us on LinkedIn. https://www.portfoliometrix.com/en-za/ Commspace: To see what the leading financial adviser revenue management solution can do for you, book a demo https://www.commspace.co.za/ Join the XY platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.xyadviser.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

A financial market is a place where many enter and fail to find their footing.  This episode will teach you how to take advantage of good markets and why you NEED to be an active trader. The market will show you great opportunities if you only know where to look. In this episode, Dave talks about… What is Behavior Gap? Know more about the investment return What is the difference between the investment return and the investor return? Why timing strategy is awesome? How to take advantage of good markets? Resources Mentioned: Blog: Mind the behavior gap Contact: What's My Number? - (612) 284-2409   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

In this week's episode, we were fortunate to be joined by Carl Richards of The Behaviour Gap. Carl is a renowned author, a Certified Financial Planner™ and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. Carl has also been featured on Marketplace Money, Oprah.com, and Forbes.com. In addition, Carl has become a frequent keynote speaker at financial planning conferences and visual learning events around the world.

What is your Why? In school, we are taught that math is all about numbers. Would you believe that it's also about love?  In this episode, Carl Richards, certified financial planner and author of The Behavior Gap, talks about Real Financial Planning. It's not just about math but also about emotions. Figuring out your emotional problems and life direction is the solution to your financial problems.  Carl talks about how getting to the root of what you truly love and want to do in life, sets the direction for your financial plan. You've got to decide on where you're going first  before you figure out how to get there.  Join us as we help you answer your why and begin the journey towards effective and real financial planning. Highlights: >> Accidentally entering the financial advice industry  >> What Real Financial Planning is all about >> Getting to the root: “What is your Why?” >> The qualities of a real financial planner  >> The continuous process of financial planning  >> Finding the right financial Guide  Connect with Carl: >> Instagram: https://www.instagram.com/behaviorgap/?hl=en (https://www.instagram.com/behaviorgap/?hl=en)  >> Twitter: https://twitter.com/behaviorgap (https://twitter.com/behaviorgap)  >> LinkedIn: https://www.linkedin.com/in/thinkingcarl (https://www.linkedin.com/in/thinkingcarl) >> Facebook: https://www.facebook.com/behaviorgap (https://www.facebook.com/behaviorgap)  >> Email: hello@behaviorgap.com   >> Website: https://behaviorgap.com/about/ (https://behaviorgap.com/about/)  If you loved this episode, you have to listen to these episodes as well:  >> https://player.captivate.fm/episode/9f772dc2-8909-4a22-9451-31ae2d8c3024 (Episode 157: Forging Your Personal Financial Journey with Anthony J. Zhang ) >> https://www.minoritymoneypodcast.com/2022/06/27/aligning-values-and-investments-with-laura-latourette-cfp-and-ramona-maior-cfp/ (Episode 154: Aligning Values and Investments with Laura LaTourette, CFP® and Ramona Maior, CFP) >> https://www.minoritymoneypodcast.com/2022/05/02/behavioral-finance-how-we-think-about-money-with-brian-portnoy/ (Episode 146: Behavioral Finance: How We Think About Money with Brian Portnoy) I'm sure you're getting tons of value from the podcast! Don't forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv (https://apple.co/3jN77Mv)), Spotify (https://spoti.fi/3jParH0 (https://spoti.fi/3jParH0)), Google Podcasts (https://bit.ly/3n3i8vb (https://bit.ly/3n3i8vb)), or on your favorite podcast app and SHARE THIS

In this Swift Chat Conversation, Marie Swift speaks with Carl Richards of the Society of Advice and author of 'The Behavior Gap' a the the Jolt! Conference about the vulnerability underlying advisors' marketing questions and helping clients navigate change beyond the financial plan.

In the Western world, it is often believed that new behaviors are produced when new information is given. Unfortunately, in a biblical context it's more insidious because we're dealign with truth and the gap between our belief and behavior can be seen as hypocrisy from the outside and viewed as the expected norm from the inside. Let's talk about bridging the gap between what we say we believe and our behavior. 

There's often a psychological disconnect between the financial choices we intend to make and what we actually do. This "behavior gap" can really cost you. Hear how to overcome this common challenge for greater financial gains

Today we are going to be sharing something really sad and frankly troubling for your finances. We're going to be talking about why people have poor returns on their investments. And no, it's not because the market is doing poorly. Instead, it's because of investor behavior, or in other terms, human error. Human behaviors that cause investors to walk away with much lower returns than they could. If you're looking to increase your returns and have more money for your retirement, you'll want to tune in so you can avoid these costly mistakes.

Whether you're making a lifestyle change, decluttering, or giving client presentations, simplicity changes lives.It's complexity that often leaves people unsatisfied.Carl Richards is a Certified Financial Planner™, creator of the “Sketch Guy” column, appearing weekly in The New York Times since 2010, and author of  “The Behavior Gap.”Carl is widely known for simplifying the complex subject of finance by creating easy-to-understand sketches.In this episode, we chat about how to navigate emotional situations productively, eliminating distractions that leave audiences empty, and how elegant simplicity can change not only your life but the life of your clients.We explore: What the best training in the financial industry doesn't prepare you for.  The answer may surprise you. How to simplify your message with custom illustrations.  Good news, you don't need to have an art degree to do it. The one presentation format that you should STOP right now.  We've all fallen victim to it. The 2-word phrase that breaks client trust and the 2-word phrase that solidifies it. Why having a “diagnosis before you prescribe” mentality will take your client relationship to the next level. How to reignite, and ultimately keep, the spark of innovation alive. The exercise you can do right now, that will determine if you're differentiating yourself from your competition…not just in your community, but nationally. And the one strategy Carl wants you to steal that increases happiness personally and professionally. Links to check out: Behaviorgap.com thesocietyofadvice.com Articles in the NY Times Kitces & Carl Ep. 35: Favorite Questions To Ask A Prospective Client To Build Trust Behavior Gap Radio This episode was brought to you by:Snappy Kraken: helping financial advisers create meaningful connections that drive business.

This month's Curve focuses on communication. Phil is joined by Carl Richards, a CFP®, author of The Behavior Gap, and creator of The Sketch Guy column. If you've ever seen one of Carl's sketches, you can understand why he's an expert on this topic. How can you simplify your message when speaking to clients – and get to the point of elegant simplicity? How can you communicate your value? How does communication relate to trust? Tune in today to find out. Resources: Carl's LinkedIn – https://www.linkedin.com/in/thinkingcarl/ Carl's website – https://behaviorgap.com/ Carl's books: The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money The One-Page Financial Plan: A Simple Way to Be Smart About Your Money Please send Comments, Questions, and Feedback to: mojo@cannonfinancial.com Please send First Friday Feedback submissions to: mojo@cannonfinancial.com

In this episode of Women's Retirement Radio, I'm joined by Carl Richards of Behavior Gap. Carl is a friend and colleague of many years, and I've often referenced his work and sketches in my writing. In fact, I currently have 2 of his letterpress prints hanging on the wall in my home office.In our conversation, we discuss Carl's background and why it's so important to him that people recognize money decisions are about our emotions and behavior much more than they're about using more information to make rational decisions. Also, learn why Carl considers himself the "self-declared king of permission granting."For more on Carl and the Behavior Gap, please check out these resources:Carl Richards - About PageCarl Richards - LinkedinCarl Richards - TwitterCarl's Book - The One-Page Financial PlanCarl's Book - The Behavior GapGet in touch and let me know what you think or if you have any questions.And thank you for listening.Visit my website to learn more.Disclosures --- Send in a voice message: https://anchor.fm/womens-retirement-radio/message

In this episode, Victor and Ben talk about their favorite books on investing, financial planning and how we make decisions about money. They break down the major themes of the books, their favorite takeaways, and why you might want to read these books for yourselves. If you have suggestions for episode topics or would like to give us feedback, we would love to hear from you! Please email us at podcast@woodwardadvisors.com. During the episode, we reference the following books:Victor's Book: The Behavior GapBen's Book: The Psychology of Money

In this Swift Chat, Marie Swift speaks with author / speaker / thought leader Carl Richards. The topic: Why advisors should think of themselves as a guide in a changing landscape, not a seller of certainty or a defender of an outdated map. Carl Richards is a Certified Financial Planner™ and creator of the Sketch Guy column, appearing weekly in The New York Times since 2010. Carl has also been featured on Marketplace Money, Oprah.com, and Forbes.com.  In addition, Carl has become a frequent keynote speaker at financial planning conferences and visual learning events around the world. Learn more about the Behavior Gap at www.BehaviorGap.com. Carl also hosts something called the fellowship via www.TheSocietyofAdvice.com

In today's episode Greg and Colin interview Carl Richards. Carl is best known for his “Sketch Guy” weekly column in the New York Times. Carl is known for making complicated things simple to follow through easy paper napkin sketches. Carl authored 'The Behavior Gap,' 'The One-Page Financial Plan,' and ‘How I Invest My Money.' A subject matter expert in financial planning and investing, Carl joins us from London to discuss the evolution in the investment world and his work in creating 'The Society of Advice.' 

It is possible to illustrate complex financial concepts and Jason Hartman interviews author/artist, Carl Richards, who developed a way to do this and led to his book, The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money.  Carl creates simple sketches that help people understand financial concepts, which he refers to as Visualizing Finance. People are primarily visual learners and Carl found that as he made the concepts visual, it was easier to communicate them to others effectively. He shares some of these visualizations, such as the market cycles, explaining the terms he uses and the psychology behind the buy/sell behaviors in the stock market. Using a Venn diagram, he is able to help people realize what they have control over and what they don't, whether it's investments or business, and enabling them to make better decisions and simplify their financial life. Carl became an accidental artist with his simple sketches that make complex financial concepts easy to understand for thousands of people every week on The New York Times Bucks blog. Richards' art had its first showing at the Kimball Art Center, in Park City, Utah. His commissioned work is on display in businesses and educational institutions across the country.