…do we procrastinate? Why do we ignore the important, in favor of the urgent or the more-pleasant? Why do we act against our self-interests? Why is there a gap between…
Search results for: the gap between knowing and doing
The Most Crucial Money Lesson, in Three Words: Mind the Gap
…Your job is to make this gap as wide as possible. Mind the gap. There are two ways to increase this gap: Earn More Spend Less Both are critical. But…
Why “Earn More” vs. “Save More” is the Wrong Debate
…The gap should be our one and only focus. Here’s how I define this gap: You earn $X. You spend $Y. The gap is the difference, $X-$Y. Your job is…
The 12 Essential Lessons You Must Learn About Money & Life
…are by earning more and spending less. The core of money-management is simple: Create the gap. Invest the gap. Repeat until the gap can perpetuate itself. That’s it. This entire…
#390: Ask Paula: Help! My Bills Are Too High
…Knowing and Doing, with Dr. Stephen Wendel Episode 344: How I Discovered the 4% Rule, with Bill Bengen Thanks to our sponsors! Babbel Babbel’s lessons are created by over 100…
#244: Why I Quit My Job with No Savings When My Wife Was Five Months Pregnant, with Grant Baldwin
…people who are doing something similar to you and doing it in a way that you want to do it, who are a step or two ahead of that.” When…
Maybe you don’t need to figure out what’s wrong
…it. That’s normal. The solution is to automate as much as possible. Automation is one of the most effective strategies for bridging the gap between knowing what you should do…
How Julia Makes $250 Per Hour as a Caricature Artist
…doing what you’re doing? Who is wildly successful at it? What are people paying for it? Then reverse-engineer their success. You might have to work for free to get some…
#424: The Power of Knowing When To Walk Away, with Annie Duke
…bestselling book Thinking in Bets and co-founded a nonprofit that teaches kids decision-making skills. Her most recent book, “Quit: The Power of Knowing When To Walk Away,” teaches the behavioral…
#91: How to Spend Less, Earn More, and Grow the Gap
In today’s episode, we’re focusing on how you can grow the gap between what you earn and what you spend. Many people in the personal finance space argue about whether…