…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…
#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…
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…
#322: Ask Paula – I Want to Retire at 50; How Do I Bridge the Gap?
Jess wants to reach financial independence by the time she’s 50. But she’s worried that she doesn’t have enough money in cash or taxable brokerage accounts to bridge the gap…
14 Awesome Books about Money, Investing, Productivity and Happiness
…how he did it: He “minds the gap.” There’s a gap between earning and spending; the “secret” to smart money is to widen this gap. There are only two ways…
