Ask Paula: Can I Make Money With My Passion?
Episode Date: January 18, 2023#423: We’ve heard the warnings about following your passion. People ask if you can *actually* make money doing what you love. They frame the question...
You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. How do we make smarter decisions? How do we think from first principles? On the surface, Afford Anything seems like a podcast about money and investing. But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacognition: thinking about how to think. In some episodes, we interview world-class experts: professors, researchers, scientists, authors. In other episodes, we answer your questions, talking through decision-making frameworks and mental models. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape. Hosted by Paula Pant.
728 episodes transcribed#423: We’ve heard the warnings about following your passion. People ask if you can *actually* make money doing what you love. They frame the question...
#422: Emily is saving aggressively for financial independence, but it’s hard to enjoy the present. Is it time to increase spending? Monroe wants to st...
#421: Life is busy. We spend too much time on chores, errands, commuting, emails and other draining tasks. We lack time for joy and hobbies. Or do we?...
#420: Harvard professor Arthur Brooks described two types of intelligence – and explained, in scientific terms, the wisdom that comes with age. Dr. El...
#419: Casey isn’t happy at her job. If she leaves before her one-year mark, she’ll lose her 401k contributions. Should she stay or find a new job? Daa...
#418: When Jordan Grumet was a child, his dad died unexpectedly. That was decades ago. Jordan is a father today, but he thinks often about the possibi...
#417: Our first anonymous caller is getting married. What are the financial considerations the couple should be thinking through since there is a larg...
#416: Crypto is tanking. Household debt is climbing. Student loans are tangled up in the court system. And the house market…did what?! Today’s bonus F...
#415: The average American donates 2.1 percent of their income to charity, according to data from the Giving Institute. But an ordinary couple living...
#414: Amanda is worried that her recently diagnosed health condition might force her to stop working. How should she financially prepare her family? A...
#413: If an idea dominates the headlines, we notice it. But maybe we shouldn’t. Today’s guest, psychologist and behavioral finance expert Dr. Daniel C...
#412: Taylor recently graduated. She wants to reach financial independence as soon as possible. What should she do first: invest or repay low-interest...
#411: In the final installment of this two-part mini-series, we walk you through becoming a subject matter expert in your investment city of choice. W...
#410: You face plenty of problems. But you have a scarcity of good solutions. Stanford Professor Jeremy Utley can help. He says that solving complex p...
#409: Liz and her husband are planning to retire in 5 to 10 years. They have rental income properties, but Liz is bored of managing these, and she’s i...
#408: When Kiersten and Julian Saunders began dating in 2012, they fell in love quickly, and their relationship felt strong – until they started talki...
#407: Ionnie wants to vet her tax professional as diligently as she assesses her financial advisor – how should she go about doing that? Anonymous nee...
#406: In this two-part episode, we first tackle the data points needed to assess various investment locations within your city of choice. We will cove...
#405: Daniel and his wife want to go on an extended vacation and leave their jobs next year…and still have money in case there’s a problem at their re...
#404: When Rand Fishkin was 25 years old, he carried $500,000 in credit card debt. Less than a decade later, Rand was the Founder and CEO of a company...