The Science of Behavioral Change, with Katy Milkman
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 7 May 2021
⏱️ 63 minutes
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Summary
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| 0:00.0 | You can afford anything, you just can't afford everything. |
| 0:11.6 | Every choice that you make is a trade-off against something else and that doesn't just |
| 0:15.1 | apply to your money. |
| 0:16.4 | That applies to your time, your focus, your energy, your attention. |
| 0:20.4 | It applies to any scarce or limited resource that you need to manage. |
| 0:25.0 | Everything yes to something implicitly means, saying no to other opportunities even if |
| 0:30.2 | you are unconscious about those costs. |
| 0:33.4 | This opens up to questions first, what matters most to you and second, how do you align |
| 0:38.2 | your decision making to reflect that which matters most? |
| 0:42.8 | Answering these two questions is a lifetime practice and that is what this podcast is here |
| 0:47.2 | to explore and facilitate. |
| 0:49.3 | My name is Paula Pant, I am the host of the Afford Anything Podcast, we are normally a |
| 0:53.1 | weekly show but once a month on the first Friday of the month we air a first Friday bonus |
| 0:58.2 | episode so welcome to the May 2021 first Friday bonus episode. |
| 1:03.4 | And do you ever grapple with the differences between your present self and your ideal best |
| 1:11.2 | version of yourself? |
| 1:12.3 | So for example, the best version of yourself might be the type of person who saves 50% |
| 1:19.0 | of their income or exercises four times a week or spends their weekends learning about |
| 1:25.6 | how to analyze a stock or learning the nuances of cryptocurrency. |
| 1:29.6 | Maybe that and I'm not saying that's what your ideal self needs to be but however you define |
| 1:34.9 | your ideal best version of yourself, you know who that person is but your present self, |
| 1:43.2 | not so much. |
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