At the Money: Smart Spending vs. Not Spending  (June 18, 2024)

Spending Scolds will tell you that a sailboat, a sports car, or even a latte will be your financial ruin. Is this accurate? Focusing on the cost without considering whether you can afford the items and what memories they create is the wrong calculus. In today’s ATM, we discuss how to spend intelligently, within your budget, on the things that hep create lasting memories.

Full transcript below.

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About this week’s guest: Carl Richards is a Certified Financial Planner and creator of The New York Times Sketch Guy column. Through his simple sketches, Carl makes complex financial concepts easy to understand. He is the author of The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money.

For more info, see:

Personal Bio

Behavior Gap

LinkedIn

Twitter

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Find all of the previous At the Money episodes here,

Keep reading this article on Barry Ritholtz - The Big Picture.

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