50 Fires: Money and Meaning with Carl Richards

Latest Episodes:

World Series Champion Dexter Fowler On Investing In Himself After a 14 Year Career in Major League Baseball Jul 10, 2024

Show notes

When former Major League Baseball Player Dexter Fowler was drafted out of high school in 2004, he signed for $1 million dollars and immediately got a wealth advisor. He played 14 years in the league, and despite all of his success on the field, he attributes his success off the field to his parents, wife, and children. As Dexter explains to Carl in this candid episode of 50 Fires, “you’re only as strong as your foundation”.

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Follow 50 Fires on Instagram: https://www.instagram.com/50firespod/

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

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Finding Financial Forgiveness with Trauma of Money Specialist Shannah Game Jul 03, 2024

Show notes

Shannah Game and Carl have one important thing in common: they both love talking about money. Shannah, a Certified Financial Planner and Trauma of Money Specialist has been talking about money for a long time. As host of the podcast Everyone’s Talkin’ Money, Shannah’s goal is to help people see their money as a tool they can use to create they want rather than something to be feared. In this episode of 50 Fires, Carl and Shannah discuss the impact of childhood experiences on financial beliefs, and the importance of having open discussions about money, even at a dinner party with friends.

Follow and Listen to Everyone’s Talkin’ Money wherever you get your podcasts (Apple Podcasts | Spotify)

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Follow 50 Fires on Instagram: https://www.instagram.com/50firespod/

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

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Dimensional Fund Advisors Co-Founder David Booth on The Birth of Modern Finance and Embracing Uncertainty in Investing Jun 26, 2024

Show notes

The impact David Booth has had on your financial life is profound, whether you realize it or not.

David is the co-founder of Dimensional Fund Advisors, a firm that fundamentally changed the way we make everyday decisions about practical investing and money.

David knew the future of investing would depend on data, so in 1981 he moved a noisy, hot, refrigerator-sized computer into his two-bedroom apartment in Brooklyn. The machine spit out stock prices for brokers and investment managers around the world, and as a result, Dimensional was one of the first investment firms to apply academic research to practical investing.

In this episode of 50 Fires, David talks about those early days of Dimensional, and goes back even further to reflect on his earliest memories of money as a boy in Kansas selling newspapers door-to-door.

He shares stories of the growth of Dimensional Fund Advisors, and talks about two of his favorite topics when it comes to investing: randomness and uncertainty.

He also talks with host Carl Richards about a new documentary film chronicling the history of Dimensional, directed by acclaimed documentarian Errol Morris called Tune Out The Noise.

EXCLUSIVE FOR LISTENERS OF 50 FIRES: Use access code MARKETSWORK to watch Tune Out The Noise for free! Tune Out The Noise is a new documentary by Academy Award-winning director Errol Morris on the birth of modern finance and takeaways for investors.

Click the following link and use access code MARKETSWORK to watch the film! https://film.dimensional.com/watch/login?redirect=%2Fwatch&utm_source=50fires&utm_medium=podcast&utm_campaign=totn%20

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Follow 50 Fires on Instagram: https://www.instagram.com/50firespod/

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Index Pioneer David Booth, Bestselling Author Greg McKeown, Meditation Guru Sharon Salzberg, and Much More! Jun 19, 2024

Show notes

50 Fires returns with new episodes! Carl gets deep on money and what it means with Index Pioneer David Booth, Bestselling Author Greg McKeown, Meditation Guru Sharon Salzberg, and many more*:

June 26: Dimensional Co-Founder David Booth
July 03: Host of Everyone’s Talkin’ Money Shannah Game
July 10: World Series Champion Dexter Fowler
July 17: Bestselling Author Greg McKeown
July 24: Musician and Filmmaker Scott Ballew
August 07: Author and Minister J. Dana Trent
August 14: Meditation Guru Sharon Salzberg

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

An Invitation From Carl: Share Your Own Conversations About Money May 08, 2024

Show notes

50 Fires is taking a very short break to gear up for Season 2 with even more meaningful conversations about money. In this quick episode, Carl invites you to kindle your own enlightening discussions around money with a spouse, family member, or dear friend, and offers 5 simple, yet impactful steps to start these conversations:

Look for time and space for the conversation
Pick a simple question to get started like, “What’s your earliest memory of money?”
Go a little deeper
Express gratitude for the conversation
Share your stories with Carl - hello@behaviorgap.com

We’d love to hear how your conversations go. Send an email to hello@behaviorgap.com with an audio file or a note about how it went. Or even send your own answer to the following question: What’s your earliest memory of money? Back soon with more stories about money and meaning on Season 2 of 50 Fires.

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Journalist and Adventure Writer Daniel Duane on Changing Course and Becoming a Therapist in His Mid-50s Apr 24, 2024

Show notes

Carl welcomes journalist, writer, surfer, climber, father and husband Daniel Duane to reflect on a life and career guided by passionate pursuits and what happens when that career suddenly seems unviable. The conversation raises questions about the meaning of a simpler life and how to navigate the complexities of money in the present as the cost of living continues to rise all around us. As a result, Dan shares his journey of transitioning from being a writer to becoming a psychotherapist, reflecting on feeling cornered in his career well after middle age, and the fear of not being able to provide for his family. If you’ve ever felt alone in struggling with an uncertain future, this episode of 50 Fires is a reminder that none of us have to be alone in that struggle.

Read Dan’s article from Psychotherapy Networker “Action Man Meets Therapy Guy”

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Farnoosh Torabi - What her parents taught her about money, and why she’s the (proud) breadwinner in her own marriage Apr 17, 2024

Show notes

Podcaster, Author, and Financial Journalist Farnoosh Torabi discusses the impact of her parents’ approach to money growing up as a first generation Iranian family in Massachusetts, and how the gender dynamics of their relationship impacted her at an early age. She reflects on how her childhood experiences shaped her perception of money and the importance of finding financial autonomy in her own marriage. Farnoosh also reveals some of the most impactful paradigm shifts around money that she’s learned on her podcast So Money - approaching it’s 10th year of release with over 1,600 episodes.

Follow and Listen to So Money onApple Podcasts and Spotify Podcasts

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comedian Pete Holmes on Freedom and Creativity with Money Apr 10, 2024

Show notes

Comedian Pete Holmes reflects on his relationship with money and how it relates to his sense of freedom, creativity, and play. In this wide ranging conversation, Carl and Pete explore how money impacts our anxiety, and the role that spirituality plays in helping to reduce that tension. From Pete’s early days in standup comedy, to his eventual success as a writer, actor, and podcaster, this episode highlights the importance of understanding and deepening our values during each phase of life, and remembering to stop and laugh as much as we can along the way.

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Carl’s Daughter Lindsay Richards - A Rewarding Conversation About Money Apr 03, 2024

Show notes

On this week’s episode of 50 Fires, Carl keeps things in the family by having a discussion about money with his oldest daughter, Lindsay Richards.

Lindsay is a 27-year old finance professional living in New York City, and as the oldest of 4 kids, she has a lot of perspective on how her parents handled money as she and her siblings grew up. From her earliest memory of money (“Mom wouldn’t let me touch coins because they’re dirty”) to reflecting on the ways money was treated and discussed in their home, this conversation is packed with insights on how to use simple questions to learn about your kids and how they view money.

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Understanding Our Money Decisions With UCLA Professor Hal Hershfield Mar 27, 2024

Show notes

Hal Hershfield is a leading expert on the psychology of making decisions, but that doesn’t mean that he always makes the right decisions about money, which should be reassuring for us all to hear. A Professor of Marketing, Behavioral Decision Making, and Psychology at UCLA’s Anderson School of Management, Hal joins Carl to discuss some of his earliest memories about money (he looked it up in the ‘M’ book of his Encyclopedia), the importance of aligning capital with what's important in our lives, and how we rationalize our decisions around money with our emotions way more than we should.

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Carl Instagram: @behaviorgap

Blind Nil Instagram: @blindnilaudio

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices