Comedian King Hassan has lived many lives - he’s a former police officer who somehow became a stand up comic and writer, now living in Los Angeles with his wife and three kids. He was born in Alabama to an American mother and Nigerian father, which led to often confusing and conflicting approaches to money, wealth, and identity. He and Carl discuss how he has embraced change and uncertainty in his career and how he has always found meaning in his work, a trait he picked up from his enterprising ...
Aug 21, 2024•38 min•Season 2Ep. 9
Carl welcomes Greg McKeown, the author of two New York Times bestsellers “Effortless: Make It Easier to Do What Matters Most”, and “Essentialism: The Disciplined Pursuit of Less,” one of Carl’s favorite books. In this episode of 50 Fires, Greg and Carl discuss the concept of creating possibilities beyond money and why lack of capital should never be the thing that holds us back from doing something that we really want to do. Greg explains his philosophy that in any endeavor, starting small and b...
Aug 14, 2024•1 hr 4 min•Season 2Ep. 8
Sharon Salzberg is a meditation pioneer, world-renowned teacher, and New York Times bestselling author. In fact, if you’ve come across the word ‘mindfulness’ in the past decade, Sharon has had a lot to do with it (at least here in the United States). On this episode of 50 Fires, Sharon shares how her experiences in India and Burma shaped her as a college student from New York City, where she witnessed the sheer generosity of people who had very little, and what it taught her about money and comm...
Aug 07, 2024•1 hr 7 min•Season 2Ep. 7
Everyone has a meaningful story about money. What's yours? Start by answering this question: What's your earliest memory of money? Share yours by emailing Carl - hello@behaviorgap.com 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...
Aug 05, 2024•5 min
If you’ve ever felt like the investment advice you get feels closer from sources like CNBC feels like gambling (AKA The Financial Pornography Network) and want to be thoughtful about investing, this episode of 50 Fires is a great place to start. Carl welcomes Meb Faber, a co-founder and the Chief Investment Officer of Cambria Investment Management. Meb is also the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. This is the first episode of 50 Fi...
Jul 31, 2024•38 min•Season 2Ep. 6
Have you ever found yourself gripped by the terrifying thought of your money running out? Join Carl in this bonus solo episode of 50 Fires, as he contemplates financial anxiety. Imagine if we viewed money not as a dwindling resource but as something more fluid and replenishable? This 'minisode' isn't just about financial strategies; it's an introspective look into how our mindset shapes our fears about the future. Email List: Sign up at https://www.50fires.com/ for our monthly email with resourc...
Jul 29, 2024•10 min
Scott Ballew is a filmmaker, singer, and songwriter who has taken a remarkable journey from directing adventure films for Yeti to releasing music as a solo artist starting in his late 30s. Carl explores Scott's upbringing in a modest household in Austin, Texas, where his family faced financial struggles but maintained a stable environment. Scott describes himself as a recovering Texas football star and drug addict, and now that he’s found sobriety, he reflects on the internal struggle of wanting...
Jul 24, 2024•59 min•Season 2Ep. 5
Born to drug-dealing parents in rural Indiana, J. Dana Trent was a preschooler the first time she used a razor blade to cut up weed and fill dime bags for her schizophrenic father, King. This is the opening log line to her new memoir “Between Two Trailers”, and it is a wild story. She talks with Carl about the experience of hustling with her father and mother as a child and how it’s shaped her relationship with money today. In her effort to overcome such an unpredictable childhood, Dana emphasiz...
Jul 17, 2024•53 min•Season 2Ep. 4
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 wit...
Jul 10, 2024•55 min•Season 2Ep. 3
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, a...
Jul 03, 2024•53 min•Season 2Ep. 2
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 th...
Jun 26, 2024•50 min•Season 2Ep. 1
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...
Jun 19, 2024•6 min•Season 1Ep. 27
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 t...
May 08, 2024•11 min•Season 1Ep. 26
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, reflec...
Apr 24, 2024•1 hr 15 min•Season 1Ep. 25
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 lea...
Apr 17, 2024•51 min•Season 1Ep. 24
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 ...
Apr 10, 2024•1 hr 12 min•Season 1Ep. 23
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...
Apr 03, 2024•55 min•Season 1Ep. 22
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,...
Mar 27, 2024•41 min•Season 1Ep. 21
Carl takes a look back on moments from the first 20 episodes of the show, and highlights some moments that you may have missed. Celebrity Chef and Food Network Star Maneet Chauhan reflects on growing up in India and how she never compared what she had to her peers (ie - life before Instagram)! Musician Lukas Nelson reveals how he writes music that is important to him and what he learned from his Dad, Willie Nelson, about the business of writing songs. Venture Capitalist Bryce Roberts opens up ‘T...
Mar 20, 2024•29 min•Season 1Ep. 20
It’s not a secret that a elementary and secondary school educators are notoriously underpaid, and in this episode, Educator Jonathan Santos Silva discusses how he’s pursued his career in education despite any and all financial pressures. Throughout this important conversation, Jonathan and Carl ultimately discuss the role of money as an expression of value and its relationship to purpose and community in life. Jonathan Santos Silva got his start as an educator in 2010 at Little Wound School on t...
Mar 13, 2024•51 min•Season 1Ep. 19
In Part 2 with Morgan and Gretchen Housel, host Carl Richards unpacks the difference between wants and necessities (ie - sometimes flying in Business class is essential in order to effectively do what you’ve been hired to do) . They also reveal that while they have disagreements about some things, money has never really been one of them. And the explore the challenges of parenting in the digital age, the dangers of social comparison, and the importance of not focusing solely on money and instead...
Mar 06, 2024•40 min•Season 1Ep. 18
Description If you’ve spent any time in finance, you’ll know that Morgan Housel is The New York Times Bestselling Author of The Psychology of Money and the newly released Same As Ever: Timeless Lessons on Risk, Opportunity, and Living a Good Life. But today, you’ll get to hear him like you never have before…in conversation with his wife Gretchen. In Part One of this two-week episode, host Carl Richards asks Gretchen and Morgan what’s most important in their relationship, and it’s something that ...
Feb 28, 2024•44 min•Season 1Ep. 17
Elizabeth Poett is a seventh generation cattle rancher, born and raised on Rancho San Julian, her family's historic 14,000-acre cattle ranch on California's Central Coast near Santa Barbara. On this episode of 50 Fires, Elizabeth reflects on the importance of embracing uncertainty as a rancher, a career where every day is different, and unpredictability is a part of the routine. She also shares her own journey of starting a business and diversifying opportunities at the ranch, which includes hos...
Feb 21, 2024•52 min•Season 1Ep. 16
As the Head Coach of Baylor Men’s Basketball, Scott Drew has the ability to talk about money on his own behalf, as well as all of the young athletes he gets to coach and mentor each and every year. Carl and Coach Drew talk about the financial pressures many players face today, how he tries to instill good financial lessons in them before they leave his team, and the importance of mentoring his players both on and off the court. When Coach Scott Drew accepted the head coaching position at Baylor ...
Feb 14, 2024•40 min•Season 1Ep. 15
Carl’s guest this week holds one of the more unique relationships with money you will ever hear. Jamie is a diagnosed psychopath, but the word doesn’t mean what you think. Psychopathy is a neurological disorder, similar to narcissistic personality disorder, and as you’ll soon discover, it has allowed Jamie to treat money with a logic that we could all learn from (example: she maxed out her retirement account at the age of 30)! A lawyer by trade and author of the book Confessions of a Sociopath: ...
Feb 08, 2024•47 min•Season 1Ep. 14
Carl welcomes Dave Goetsch, comedy writer and co-executive producer of 'The Big Bang Theory' for a conversation about navigating the uncertainty of Hollywood. Dave discusses the importance of resilience - financial, emotional, and mental - throughout his career. Dave shares his firsthand experiences with financial crises, canceled shows, and the pressure of tying self-worth to success. He also discusses how he learned to live in reality and not just fix everything with harder work, which is at t...
Jan 31, 2024•38 min•Season 1Ep. 13
Josh Brown is a financial advisor known for his insights on CNBC and as the co-host of "The Compound and Friends" podcast with Michael Batnick. He’s had thousands of conversations about money over the years, but none quite like this one. Josh offers a rare, personal glimpse into the moments that molded his financial perspective and approach to life, like the hidden financial struggles his parents shielded him from and the critical role of financial literacy, something he learned the value of lat...
Jan 24, 2024•53 min•Season 1Ep. 12
Amanda Sudano and Abner Ramirez of the musical duo Johnnyswim open up about the meaning of money in their creative partnership and marriage. Money disagreements are a part of any relationship, but it's how you work through them to forge a unified financial life, and throughout their career, Abner and Amanda have prioritized creative control and financial independence. Abner and Amanda released their first music as Johnnyswim in 2008, and married a year later in 2009. Since then, they’ve released...
Jan 17, 2024•1 hr 10 min•Season 1Ep. 11
Carl invites his wife, Cori, to have a conversation about money that’s been decades in the making. 28 years into their relationship, Carl and Cori are still learning about each other–especially when it comes to money. In this intimate episode, Carl and Cori break down decades-long misconceptions about one another, assumptions they've made but rarely questioned, and feelings they're never before revealed. Don't miss Carl putting his money where his mouth is, this week on 50 Fires. Carl Instagram:...
Dec 20, 2023•1 hr 8 min•Season 1Ep. 10
Being a successful actor is no easy feat, and learning how to navigate the tumultuous waves of the entertainment industry’s financial landscape takes discipline and even frugality. Actor Dean shares how his early obsession with saving money molded his successful acting career. Way before he landed the role of Hank on Breaking Bad, he understood the critical importance of living within his means so that he could continue to pursue acting. Money can offer freedom, but it requires a delicate dance ...
Dec 13, 2023•46 min•Season 1Ep. 9
