Why Is It So Hard to Talk About Money? (Ep. 81 Replay)

Are fantasies helpful or harmful? How is daydreaming like a drug? And what did Angela fantasize about during ninth-grade English class?

• SOURCES:
  • Patrick Bet-David, YouTuber and founding C.E.O. of PHP Agency Inc.
  • Barbara Corcoran, "Shark" and executive producer on ABC’s Shark Tank and founder of The Corcoran Group.
  • Peter Gollwitzer, professor of psychology at New York University.
  • Danny Kahneman, professor emeritus of psychology at Princeton University.
  • Robert Nozick, philosopher.
  • Gabriele Oettingen, professor of psychology at New York University.
  • Kim Scott, co-founder of Radical Candor and prominent C.E.O. coach in Silicon Valley.

• RESOURCES:
  • "Dreamscrolling," by Empower (The Currency, 2024).
  • "Most Americans Can’t Afford a $1,000 Emergency: Survey," by Travis Schlepp (The Hill, 2024).
  • "Positive Fantasies and Negative Emotions in Soccer Fans," by A. Timur Sevincer, Greta Wagner, and Gabriele Oettingen (Cognition and Emotion, 2019).
  • Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity, by Kim Scott (2017).
  • "Pleasure Now, Pain Later: Positive Fantasies About the Future Predict Symptoms of Depression," by Gabriele Oettingen, Doris Mayer, and Sam Portnow (Psychological Science, 2016).
  • "Positive Fantasies About Idealized Futures Sap Energy," by Heather Barry Kappes and Gabriele Oettingen (Journal of Experimental Social Psychology, 2011).
  • "Self-Regulation of Goal Setting: Turning Free Fantasies About the Future Into Binding Goals," by Gabriele Oettingen, Hyeon-ju Pak, and Karoline Schnetter (Journal of Personality and Social Psychology, 2001).
  • "Intuitive Prediction: Biases and Corrective Procedures," by Daniel Kahneman and Amos Tversky (DARPA Technical Report, 1977).
  • Anarchy, State, and Utopia, by Robert Nozick (1974).

• EXTRAS:
  • "Can You Really 'Manifest' Success Through Positive Visualization?" by No Stupid Questions (2024).

Can you ever really know how another person feels? What’s the best way to support a grieving person? And why doesn’t Hallmark sell empathy cards? 

• SOURCES:
  • Daniel Batson, professor emeritus of psychology at the University of Kansas.
  • Paul Bloom, professor of psychology at University of Toronto.
  • Paul Polman, businessman, author, and former C.E.O. of Unilever.

• RESOURCES:
  • “Empathy, Sympathy, and Emotion Regulation: A Meta-Analytic Review,” by H. Melis Yavuz, Tyler Colasante, Emma Galarneau, and Tina Malti (Psychological Bulletin, 2024).
  • “Have Some Sympathy,” by Pamela Paul (The New York Times, 2023).
  • “What is Club 33? Inside Disney’s Most Exclusive Club,” by Evelyn Long (Walt Disney World Magazine, 2022).
  • “The Case Against Empathy,” by Sean Illing (Vox, 2019).
  • Against Empathy: The Case for Rational Compassion, by Paul Bloom (2016).
  • “Beautiful friendship: Social sharing of emotions improves subjective feelings and activates the neural reward circuitry,” by Ullrich Wagner, Lisa Galli, Björn H. Schott, Andrew Wold, Job van der Schalk, Antony S. R. Manstead, Klaus Scherer, and Henrik Walter (Social Cognitive and Affective Neuroscience, 2015).
  • Just Babies: The Origins of Good and Evil, by Paul Bloom (2013).
  • The Elegance of the Hedgehog, by Muriel Barbery (2006). 
  • “Immorality from Empathy-Induced Altruism: When Compassion and Justice Conflict,” by Daniel Batson, Tricia Klein, Lori Highberger, and Laura Shaw (Journal of Personality and Social Psychology, 1995).
  • “The Four Horsemen: Contempt,” by Ellie Lisitsa (The Gottman Institute).

• EXTRAS:
  • “Is Empathy in Fact Immoral?” by No Stupid Questions (2021).
  • Parasite, film (2019).
  • King James Bible, Job 2:1-13. 
  • The Book of Mormon, Mosiah 18:9.

Why do so many book clubs fall apart? Do the best parties have rules? And does Angela’s husband want to date you? 

• SOURCES:
  • Fredrik Backman, author.
  • David Chavis, senior fellow at Community Science.
  • Daniel Gilbert, professor of psychology at Harvard University.
  • Sebastian Junger, journalist and author.
  • David McMillan, clinical and community psychologist.
  • Priya Parker, strategic advisor and author.

• RESOURCES:
  • "Do Conversations End When People Want Them to?" by Adam M. Mastroianni, Daniel Gilbert, Gus Cooney, and Timothy D. Wilson (PNAS, 2021).
  • "3 Steps to Turn Everyday Get-Togethers Into Transformative Gatherings," by Priya Parker (TED Talk, 2019).
  • The Art of Gathering: How We Meet and Why It Matters, by Priya Parker (2018).
  • Tribe: On Homecoming and Belonging, by Sebastian Junger (2016).
  • Beartown, by Fredrik Backman (2016).
  • “The 36 Questions That Lead to Love,” by Daniel Jones (The New York Times, 2015).
  • A Man Called Ove, by Fredrik Backman (2012).
  • "Sense of Community: A Definition and Theory," by David McMillan and David Chavis (Journal of Community Psychology, 1986).

• EXTRAS:
  • "How Can You Get Closer to the People You Care About?" by No Stupid Questions (2023).
  • "How Do You Connect With Someone You Just Met?" by No Stupid Questions (2023).
  • A Man Called Otto, film (2022).

What’s the difference between being popular and being cool? How has social media changed the trend cycle? And what do Taylor Swift and Walmart have in common?

• SOURCES:
  • Annette Asp, project manager and research coordinator at the California Institute of Technology.
  • Lalin Anik, professor of marketing at Vrije University Amsterdam.
  • Marc Bain, journalist.
  • Judy Blume, young adult author.
  • Colin Camerer, professor of behavioral economics at the California Institute of Technology.
  • James Dean, 20th-century American actor.
  • Ryan Hauser, Ph.D. candidate at the Yale School of Management.
  • Michael Jordan, former professional basketball player.
  • Johnny Miles, senior value manager at Workday.
  • Steven Quartz, professor of philosophy at the California Institute of Technology.
  • David Skinner, editor of Humanities magazine.
  • Lindsey Vonn, Olympic alpine skier.

• RESOURCES:
  • "Do You Think You're Cool?" poll by YouGov (2024).
  • "What Cool Means Now," by Marc Bain (Quartz, 2020).
  • "The History of Michael Jordan's 'Banned' Sneakers," (Complex, 2020).
  • "Brand Coolness," by Caleb Warren, Rajeev Batra, Sandra Maria Correia Loureiro, and Richard P. Bagozzi (Journal of Marketing, 2019).
  • "How to be Cool," by Johnny Miles (UVA Darden Ideas to Action, 2017).
  • Cool: How the Brain’s Hidden Quest for Cool Drives Our Economy and Shapes Our World, by Steven Quartz and Anette Asp (2015).
  • "How Capitalism Created 'Cool,'" by Bourree Lam (The Atlantic, 2015).
  • "How Did Cool Become Such a Big Deal?" by David Skinner (Humanities, 2014).

• EXTRA:
  • "Are We Getting Lonelier?" by No Stupid Questions (2023).

Why do we tell kids that a fairy will give them cash in exchange for their teeth? How should we talk to them about scary things in the world? And is Mike one of the greatest operatic tenors of all time? 

• SOURCES:
  • Laura Wheatman Hill, journalist.
  • George Lin, Ph.D. student in psychology at the University of Pennsylvania.
  • Melinda Wenner Moyer, journalist and author.
  • Luciano Pavarotti, Italian operatic tenor.
  • Amy Stoeber, clinical psychologist.
  • Jacqueline Woolley, professor of psychology at the University of Texas at Austin.

• RESOURCES:
  • "Parenting by Lying," by Peipei Setoh, Petrina Hui Xian Low, Gail D. Heyman, and Kang Lee (Current Directions in Psychological Science, 2024).
  • "Should You Always Tell Your Kids the Truth? It Depends," by Laura Wheatman Hill (CNN, 2021).
  • "Parenting by Lying in Childhood Is Associated With Negative Developmental Outcomes in Adulthood," by Peipei Setoh, Siqi Zhao, Rachel Santos, Gail D. Heyman, and Kang Lee (Journal of Experimental Child Psychology, 2020).
  • "The Santa Lie," by Melinda Wenner Moyer (2012).

• EXTRAS:
  • "When Is It OK to Tell a Lie?" by No Stupid Questions (2021).
  • How to Raise Kids Who Aren't A*******: Science-Based Strategies for Better Parenting — from Tots to Teens, by Melinda Wenner Moyer (2021).
  • Life Is Beautiful, film (1997).
  • "Love at the Five and Dime," song by Nanci Griffith (1986).
  • The Hiding Place, by Corrie ten Boom (1971).

WaitWhat C.E.O. Jeff Berman interviews Angela about “grit-scaling” and her unlikely path to academic celebrity.

Is there any upside to negative emotions? What can comedians teach us about dealing with pain? And why did Angela eat off of a stranger’s plate at a sushi bar? 

• SOURCES:
  • Ludwig van Beethoven, 18th-19th century composer and pianist.
  • Jen Christensen, reporter and producer at CNN.
  • Lauren Eskreis-Winkler, professor of management & organizations at Northwestern University.
  • Sigmund Freud, neurologist and founder of psychoanalysis.
  • Shirley MacLaine, actor.
  • George Vaillant, professor of psychiatry at Massachusetts General Hospital.
  • Ali Wong, comedian.

• RESOURCES:
  • "The Sad Clown: The Deep Emotions Behind Stand-Up Comedy," by Jen Christensen (CNN, 2018).
  • "Neuroticism," by Jennifer L. Tackett and Benjamin B. Lahey (The Oxford handbook of the Five Factor Model, 2017).
  • "Thinking Too Much: Self-Generated Thought as the Engine of Neuroticism," by Adam M. Perkins, Danilo Arnone, Jonathan Smallwood, and Dean Mobbs (Trends in Cognitive Sciences, 2015).
  • "Survivor Mission: Do Those Who Survive Have a Drive to Thrive at Work?" by Lauren Eskreis-Winkler, Elizabeth Shulman, and Angela Duckworth (The Journal of Positive Psychology, 2014).
  • "Age Differences in Personality Traits From 10 to 65: Big Five Domains and Facets in a Large Cross-Sectional Sample," by Christopher J. Soto, Oliver P. John, Samuel D. Gosling, and Jeff Potter (Journal of Personality and Social Psychology, 2011).
  • "Adaptive Mental Mechanisms: Their Role in a Positive Psychology," by George Vaillant (American Psychologist, 2000).
  • The Harvard Study of Adult Development.

• EXTRAS:
  • Big Five Personality Inventory, by No Stupid Questions (2024).
  • “Personality: The Big Five,” series by No Stupid Questions (2024).
  • Terms of Endearment, film by James L. Brooks (1983).
  • "Invictus," poem by William Ernest Henley (1888).

Where is the line between a good guy and a doormat? Do people with sharp elbows make more money? And why did Angela’s mother give away her birthday present?

Take the Big Five inventory: freakonomics.com/bigfive

• SOURCES:
  • Kristen Bell, actor.
  • Jeff Bezos, founder and executive chairman of Amazon.
  • Harry Connick Jr., singer, pianist, and actor.
  • Juli Fraga, psychologist and writer.
  • Adam Grant, professor of management and psychology at the University of Pennsylvania.
  • Allison Sweet Grant, writer.
  • Timothy Judge, chair of the department of Management and Human Resources at The Ohio State University.
  • Frank Jacobs, journalist and columnist at Big Think.
  • Beth Livingston, professor of industrial relations at the University of Iowa.
  • Topher Payne, playwright and screenwriter.
  • Dax Shepard, actor and podcast host.

• RESOURCES:
  • "Are You a Chronic People-Pleaser? Here’s How to Be Kinder to Yourself," by Juli Fraga (The Washington Post, 2023).
  • "Geopsychology: Your Personality Depends on Where You Live," by Frank Jacobs (Big Think, 2023).
  • "We Need to Talk About ‘The Giving Tree,'" by Adam Grant and Allison Sweet Grant (The New York Times, 2020).
  • The Tree Who Set Healthy Boundaries, by Topher Payne (2020).
  • "Do as You’re Told! Facets of Agreeableness and Early Adult Outcomes for Inner-City Boys," by Margaret Kern, Angela Duckworth, Sergio Urzúa, Rolf Loeber, Magda Stouthamer-Loeber, and Donald Lynam (Journal of Research in Personality, 2013).
  • Give and Take: Why Helping Others Drives Our Success, by Adam Grant (2013).
  • "Do Nice Guys — and Gals — Really Finish Last? The Joint Effects of Sex and Agreeableness on Income," by Timothy Judge and Beth Livingston (Journal of Personality and Social Psychology, 2012).

• EXTRAS:
  • Big Five Personality Inventory, by No Stupid Questions (2024).
  • “Personality: The Big Five,” series by No Stupid Questions (2024).
  • "Are You Suffering From Burnout?" by No Stupid Questions (2023).

What’s the difference between being introverted and being shy? What are extroverts so cheerful about? And does Angela’s social battery ever run out?

Take the Big Five inventory: freakonomics.com/bigfive

• SOURCES:
  • Susan Cain, author.
  • Will Fleeson, professor of psychology at Wake Forest University.
  • Sigmund Freud, neurologist and founder of psychoanalysis.
  • Adam Grant, professor of management and psychology at the University of Pennsylvania.
  • Carl Jung, psychiatrist and psychoanalyst.
  • Donald Kamentz, founder and C.E.O. of Contigo Ed.
  • Sonja Lyubomirsky, professor of psychology at the University of California, Riverside.
  • Seth Margolis, professor of biological chemistry at Johns Hopkins University.

• RESOURCES:
  • "A Crucial Character Trait for Happiness," by Arthur C. Brooks (The Atlantic, 2023).
  • "Experimental Manipulation of Extraverted and Introverted Behavior and Its Effects on Well-Being," by Seth Margolis and Sonja Lyubomirsky (Journal of Experimental Psychology: General, 2020).
  • "Challenges to Capture the Big Five Personality Traits in Non-WEIRD Populations," by Rachid Laajaj, Karen Macours, Daniel Alejandro Pinzon Hernandez, Omar Arias, Samuel D. Gosling, Jeff Potter, Marta Rubio-Codina, and Renos Vakis (Science Advances, 2019).
  • "Rethinking the Extraverted Sales Ideal: The Ambivert Advantage," by Adam Grant (Psychological Science, 2013).
  • "The Power of Introverts," by Susan Cain (TED Talk, 2012).
  • Quiet: The Power of Introverts in a World That Can't Stop Talking, by Susan Cain (2012).
  • "Personality Trait Change in Adulthood," by Brent W. Roberts Daniel Mroczek (Current Directions in Psychological Science, 2008).
  • "Toward a Structure- and Process-Integrated View of Personality: Traits as Density Distributions of States," by William Fleeson (Journal of Personality and Social Psychology, 2001).

• EXTRAS:
  • Big Five Personality Inventory, by No Stupid Questions (2024).
  • “Personality: The Big Five,” series by No Stupid Questions (2024).

Is it really that important to make your bed? What’s the benefit of hiring a lazy person? And how many cups of spinach can Mike fit in a red Solo cup?  

Take the Big Five inventory: freakonomics.com/bigfive

• SOURCES:
  • David Barack, philosopher and neuroscientist at the University of Pennsylvania.
  • Randall Bell, socio-economist and C.E.O. of Landmark Research Group.
  • Julia Cameron, author, poet, songwriter, filmmaker, and playwright.
  • Charles Duhigg, journalist and author.
  • Guy Kawasaki, author and Silicon Valley venture capitalist.
  • William McRaven, professor of national security at the University of Texas at Austin and retired Admiral in the United States Navy.

• RESOURCES:
  • "Large Studies Reveal How Reference Bias Limits Policy Applications of Self-Report Measures," by Benjamin Lira, Joseph M. O’Brien, Pablo A. Peña, Brian M. Galla, Sidney D’Mello, David S. Yeager, Amy Defnet, Tim Kautz, Kate Munkacsy, and Angela Duckworth (Nature: Scientific Reports, 2022).
  • "Too Much of a Good Thing? Exploring the Inverted-U Relationship Between Self-Control and Happiness," by Christopher Wiese, Louis Tay, Angela Duckworth, Sidney D'Mello, Lauren Kuykendall, Wilhelm Hofmann, Roy Baumeister, and Kathleen Vohs (Journal of Personality, 2018).
  • "7 ‘Rich Habits’ of Highly Successful People, From a Man Who Studied Them for 25 Years," by Kathleen Elkins (CNBC, 2017).
  • Make Your Bed: Little Things That Can Change Your Life...And Maybe the World, by William McRaven (2017).
  • The Power of Habit: Why We Do What We Do in Life and Business, by Charles Duhigg (2012).
  • "Who Does Well in Life? Conscientious Adults Excel in Both Objective and Subjective Success," by Angela Duckworth, David Weir, Eli Tsukayama, and David Kwok (Frontiers in Psychology, 2012).
  • The Artist's Way: A Spiritual Path to Higher Creativity, by Julia Cameron (1992).

• EXTRAS:
  • Big Five Personality Inventory, by No Stupid Questions (2024).
  • "Personality: The Big Five," series by No Stupid Questions (2024).
  • "Angela Duckworth: The Gritty Road to Growth," by Guy Kawasaki's Remarkable People (2024).
  • "How to Have Great Conversations," by People I (Mostly) Admire (2024).

Πολλά τα ερωτήματα από γνωστούς και φίλους έχουν κάθε φορά ο Γιώργος και η Κλεοπάτρα για το κατά πόσο είναι καλά να μπουν σε ένα συνταξιοδοτικό πλάνο ή ένα ταμείο προνοίας. Μαζί με τον Λουκά Σάββα, Σύμβουλο στην AON Cyprus συζητούν πόσο αυτό ωφελεί για τα συντάξιμα μας χρόνια και και πως αυτό επιδρά στα φορολογικά μας.

Θεσμικός Χορηγός: Σύνδεσμος Τραπεζών Κύπρου (ΣΤΚ)

Χορηγός Επεισοδίου: AoN Cyprus

Χορηγός Επικοινωνίας: Politis.com.cy - Εφημερίδα Πολίτης ΠΟΛΙΤΗΣ 107.6 FM

Rumba and JOMO are "characters" in the story of Olivia who is the heroine of Sarah Catherine Gutierrez's book: But First, Save 10: The One Simple Money Move That Will Change Your Life.  Olivia is an 18-30-year-old woman at the beginning of her financial journey, but her path is applicable to all of us late starters of any age.  SC is a friend, a certified financial planner, and sucked at math.  She is also a game changer in the financial industrial complex.  In this episode, we dive into her story, dreams, and goals.  Along the way, we talk about Cash Flow Planning, The Tax Efficient Waterfall, Women and Money, and Save, Save, Save.  You will not want to miss this episode.

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Resources mentioned on the show:

Aptus Financial

Ladysplaining Money

But First, Save 10

Signed copy of Sarah Catherines' Book, But First Save 10: The One Simple Money Move That Will Change Your Life

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Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Ποιος είναι ο Junior Achievement Cyprus (JA Cyprus); Σε αυτό το επεισόδιο εξηγούμε γιατί είναι σημαντικό οι νέοι να κατακτήσουν χρηματοοικονομικές δεξιότητες.

Η Γενική Διευθύντρια του JA Cyprus, Αντιγόνη Κωμοδίκη, συζητά με την Κλεοπάτρα και τον Γιώργο για τα προγράμματα του Οργανισμού στα σχολεία, που στόχο έχουν να ενδυναμώσουν τις χρηματοοικονομικές δεξιότητες των παιδιών. Μαζί της και οι Μέντορες του Οργανισμού, Αθηνά Κουτούρη και Πέτρος Ολύμπιος, για να μοιραστούν τις δικές τους εμπειρίες από τις τάξεις. 

Θεσμικός Χορηγός: Σύνδεσμος Τραπεζών Κύπρου (ΣΤΚ)
Χορηγός Επικοινωνίας: Politis.com.cy - Εφημερίδα Πολίτης ΠΟΛΙΤΗΣ 107.6 FM

Becky and guest co-host, Mark Trautman, chat with The Retirement Answer Man, Roger Whitney.  They are all on vacation with a group from the Rock Retirement Club.  Bill is back at the ranch working his day job and editing podcasts dreaming of time freedom on the path to financial independence, but still living his best life.

As a certified financial planner for over 25 years, Roger uses his credentials and every channel possible to help people live well today without sacrificing tomorrow.  He is a three-time Plutus Award Winner for best retirement blog/podcast.  The podcast has over 8 million downloads and 475 episodes (and counting!).  He is the author of "Rock Retirement: A Simple Guide to Help You Take Control and Be More Optimistic About the Future."  Investopedia has ranked him as one of the top 100 most influential advisors several years in a row.  His mom passed away at 48, sacrificing the now while dreaming of the retirement brochure in the future.  He wants to help us shift what is possible in retirement by how we live, work, and celebrate what is possible right now - and keep doing it!

🔗 Connect with us!

 buy CUtFI a coffee

Resources mentioned on the show:

The Retirement Answer Man

Rock Retirement Club

Rock Retirement: A Simple Guide to Help You Take Control and Be More Optimistic About the Future by Roger Whitney

The Second Mountain: The Quest for a Moral Life

Atomic Habits: An Easy & Proven Way To Build Good Habits & Break Bad Ones by James Clear

Outlive: The Science and Art of Longevity by Peter Attia

Mark's Money Mind

🗣️🎙️ Record a Message for CUtFI

Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.

Fritz Gilbert is the author of the popular blog The Retirement Manifesto with over 13,000 subscribers.  He takes us on his journey to retirement in his fifties and discusses the hard (monetary) and soft (non-monetary) sides of retirement.  He emphasizes the importance of both and that the numbers are the easy part making up only really 20% of the journey to time freedom.  We discuss the "what are you going to do with your freedom" when you get there and when you should start that transition.  This is a long one, but you are gonna want to hear it all.

🔗 Connect with us!

 buy CUtFI a coffee

Resources mentioned on the show:

The Retirement Manifesto

Keys to a Successful Retirement: Staying Happy, Active, and Productive in Your Retired Years by Fritz Gilbert

John Bogle

Vanguard

How To Do A Backdoor Roth IRA, White Coat Investor

Are Safe Withdrawal Rates Ridiculous

Wade Pfau Retirement Researcher

Capital One 360

Our Retirement Investment Drawdown Strategy, The Retirement Manifesto Blog

Is The Bucket Strategy a Cheap Gimmick, The Retirement Manifesto Blog

Mike Piper

Retirement Heaven or Hell: 9 Principles For Designing Your Ideal Post-Career LIfestyle by Michael Drak

Freedom for Fido

It's Never Too Late To Save For Retirement, The Retirement Manifesto Blog

Freedom For Fido Facebook Page

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Disclaimer: We are not lawyers, financial advisors, accountants or tax experts. Please consult your own professional advisors before making any important decisions. Our content is for entertainment and education purposes only.