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Motley Fool Answers

Money Lies We All Believe

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 7 April 2015

⏱️ 23 minutes

🧾️ Download transcript

Summary

We drop some truth bombs on the most oft-repeated lies about money. Plus Carl Richards, the New York Times "sketch guy" columnist, reveals the juiciest parts of his brand new book, The One-Page Financial Plan (actual size: 211 pages).

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Full Answers. I'm Alison Southwick, and as always, I'm joined by the lovely

0:08.0

Diana Yogan and the handsome Robert Brodham. Well, thank you. How are you guys doing today? Great.

0:13.7

Handsome. Good. We're going to have fun today because today we're going to drop some truth bombs

0:17.8

on some of the most often repeated lies about money.

0:22.2

And then we're going to sit down with Carl Richards.

0:24.1

He's the author of Behavior Gap.

0:25.6

And he has a new book out.

0:26.6

And we're going to have him tell us the very best parts.

0:29.6

So it'll be a fun show or your money back.

0:32.5

Some restrictions apply.

0:33.4

Everything you paid us, you'll get it back.

0:35.3

Exactly.

0:35.9

I'm just hoping that people aren't like, I wasted 20 minutes and my time is worth.

0:39.6

I don't want to get some lawyer's statement back to me billable by the 15-minute increments.

0:45.4

So those are the restrictions that apply.

0:47.2

The point is, is you're not getting any money back.

0:49.9

And the show could suck and deal with it.

0:52.4

And then you've lost that 20 minutes and we're sorry.

0:55.6

So you guys, you know how when you're at a party and there's this one guy who is like,

1:01.9

you know, the average person swallows like five spiders a night?

1:05.7

And it just brings the conversation to like a halt.

1:08.8

Everyone stops eating at that point.

...

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