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So Money with Farnoosh Torabi

1846: How to Make a Financial Plan That Actually Works

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 30 June 2025

⏱️ 34 minutes

🧾️ Download transcript

Summary

In our financial lives, setting goals isn’t just about having aspirations; it’s about understanding how to build sustainable, achievable plans that propel us toward success. Guest Caroline Adams Miller has spent over 30 years pioneering the science behind how we set goals, stay resilient, and achieve meaningful success. Her newest book, Big Goals, is changing the conversation around achieving personal and professional ambitions.


Transcript

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0:00.0

So Money episode 1845, The Science of Setting Financial Goals with Caroline Adams-Miller, author of the new book, Big Goals.

0:09.5

You're listening to So Money with award-winning money guru Farnoosh Karabi. Each day, get a 30-minute

0:15.8

dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnoose yourself.

0:23.7

Looking for ways to save on gas or double your double coupons? Sorry. You're in the wrong place.

0:29.7

Seeking profound ways to live a richer, happier life. Welcome to So Money.

0:35.9

I cannot believe some of the research that just crossed my desk.

0:39.4

This is a stunner.

0:40.4

So women and men who have identical assignments at work, when the woman finishes it on time

0:46.1

and it's good, and a man with the exact same assignment takes longer to do it and works

0:52.4

late, weekends and nights, he is seen as more dedicated

0:56.7

to the company and he gets rewarded. Welcome to another episode of So Money, everybody. I'm Farnished

1:02.9

Tarabi. We are diving into the art and science of establishing financial goals, not just establishing

1:09.5

them, actually successfully executing on

1:12.5

these goals, how to build sustainable, achievable plans that propel us towards financial

1:18.7

resilience. Our guest is the foremost expert on this front, Caroline Adams Miller. Her newest book,

1:25.7

Big Goals, is changing the conversation around achieving personal and

1:29.9

professional ambitions. Why? Because she is bringing forth the science behind how we set goals,

1:36.8

stay resilient, and achieve meaningful success. Caroline is the author of nine books, including

1:42.8

Creating Your Best Life.

1:44.8

She's a magna cum laude graduate of Harvard, and she holds one of the first master's degrees

1:49.6

in applied positive psychology from UPenn.

1:53.2

In our conversation, we talk about some of the most famous goal-setting books of the past,

...

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