Hey, Joe, if you had to weigh the importance of the logistical part of money versus the

emotional part of money, which one do you think matters more?

It's funny when I was younger.

I thought that the logistical part easily mattered more, but it clearly is the opposite.

And you see that, by the way, with who's one winning Nobel prizes?

It used to be the people like Harry Markowitz with the Efficient Frontier.

Now it's people like Richard Thaler who are talking about the behaviors that we make

truly influence even more how we react and use money.

Right.

So as your understanding that it's more the psychological piece than it is the logistical

piece, as your understanding has evolved, society at large is understanding has also evolved

in that same way.

Generally, people think about me and they think about the way Joe thinks about things.

It's generally way most people think about things is what you're trying to say.

Is that what you're trying to say?

Well, and with that, welcome to the Afford Anything podcast.

This show that understands you can afford anything, but not everything.

Every choice that you make is a trade off again, something else.

And that doesn't just include your money.

That includes any limited resource, your time, your focus, your energy.

So what matters most and how do you put that into practice?

Those are the two questions that this podcast is here to discuss.

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