Afford Anything

Paula Pant | Cumulus Podcast Network

You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. How do we make smarter decisions? How do we think from first principles? On the surface, Afford Anything seems like a podcast about money and investing. But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacognition: thinking about how to think. In some episodes, we interview world-class experts: professors, researchers, scientists, authors. In other episodes, we answer your questions, talking through decision-making frameworks and mental models. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape. Hosted by Paula Pant. read less

Our Editor's Take

Living life to the fullest involves financial independence and solid decision-making. That is why podcasts such as Afford Anything are so popular. The top-ranked podcast offers life lessons interwoven with financial literacy. It is much more than a business advice podcast. It teaches lessons many people need to forge a healthy and productive lifestyle.

The podcast covers the financial basics—the stock market, entrepreneurship, and personal finance. But it also offers practical tips for personal and behavioral changes. In addition, the show provides different approaches and perspectives on business. The award-winning podcast boasts millions of downloads since its debut in 2016. Its success is unsurprising, as it has important discussions and information.

Paula Pant created and hosts the Afford Anything podcast. Paula has decades of experience as a financial commentator. She has written for MSN Money, Forbes, and The Washington Post. The podcast is the audio version of her personal finance website of the same title. Cohost Joe Saul-Sehy sometimes joins Paula on the show. Joe is the host of another popular podcast, Stacking Benjamins.

Afford Anything provides simplified versions of complex business issues. Financial topics are well summarized and articulated in a digestible manner. It's engaging, informal and offers strategies and insight. For example, real estate is a business most people tend to avoid. On the show, Paula does a great job of making real estate less formidable. The show emphasizes finding a balance in all aspects of life.

Some episodes of Afford Anything have a question-and-answer segment. Paula and Joe's responses are thorough and knowledgeable. Guests on the show range from financial advisors to life coaches. These include investment expert J. David Stein and fellow podcaster Dr. Jordan Grumet. They discuss investment portfolios, frameworks, and other engaging topics. New episodes drop several times each week.

read less
BusinessBusiness

Episodes

Jean Chatzky: The 50% Off Fallacy & Other Ways You're Sabotaging Your Savings [GREATEST HITS WEEK]
6d ago
Jean Chatzky: The 50% Off Fallacy & Other Ways You're Sabotaging Your Savings [GREATEST HITS WEEK]
Today’s guest is Jean Chatzky, financial editor for the TODAY Show, host of the HerMoney podcast and a frequent guest on TV shows like Oprah, Regis & Kelly, and The View. We discuss six money rules to guide your spending, including: #1: The more time you spend looking, the less happy you’ll be with what you find. #2: Your retirement trumps their tuition. #3: Losing money hurts more than it should. #4: Big numbers make smart people do stupid things. #5: Don’t lend money to friends & relatives, and don’t co-sign for loans. #6: If it's 50% off, it’s still 50% on. This leads us into discussing tactics to prevent wasteful spending, such as: -- The 10/10/10 Rule: How will you feel about this purchase in 10 minutes? 10 months? 10 years? -- The 24 Hour Rule: Delay the purchase by 24 hours. Do you still want it? -- Only Pay Full Price: Paradoxically, avoiding sales – and ONLY buying items at full price – might help you save more money in the long run. Finally, we chat about how to balance financial priorities when you and your spouse want different things. What if you want to retire early, but your spouse doesn’t? How do you handle this? Jean shares her ideas on these topics in this episode, which we originally recorded and aired in 2016. We're sharing this as part of GREATEST HITS WEEK, a 5-day series in which we're sharing 5 episodes, across 5 days, that we produced during the earliest years of the Afford Anything podcast. You may have missed it then; enjoy it now. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Dr. Cal Newport: Achieve More by Doing Less
Mar 28 2024
Dr. Cal Newport: Achieve More by Doing Less
#495: Marie Curie won the Nobel Prize in Physics in 1903 and the Nobel Prize in Chemistry in 1911. She's famous for her work in radioactivity. Lin-Manual Miranda is a songwriter, producer and director who won the Pulitzer Prize in Drama in 2016, as well as several Tony awards. What do they have in common? They lived a century apart. They innovated in disparate fields. But they shared a similar productivity practice. Both achieved greatness by embracing the practice of slow productivity, says Georgetown computer science professor Cal Newport. Slow productivity is a three-part practice, Newport explains: (1) do fewer things; (2) work at a natural pace; (3) obsess over quality. We're used to thinking of productivity as doing more in a short amount of time. This flips that idea on its head, focusing on doing less, but excelling. Slow productivity is the practice of doing fewer tasks better. In this episode, Newport explains how the practice of slow productivity diverges from the normal ways that people in modern society tend to work.  Life can be stressful. Your to-do list might feel never-ending. This episode can help you focus on the few things that matter most. It can help you feel less stressed, less busy, and yet -- paradoxically -- more productive, at the same time. Enjoy! For more information, visit the show notes at https://affordanything.com/episode495 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Inside the Mind of a Supercommunicator, with Charles Duhigg
Feb 28 2024
Inside the Mind of a Supercommunicator, with Charles Duhigg
#490: Great communication will get you a raise. It'll get you promoted. You'll land the corner office. You'll make friends and be the life of the party. You'll land business deals and form lucrative partnerships. Supercommunication is a superpower. But how do we build it? Sometimes, you might walk away from a conversation with the joy of having made a cool new friend. Or you snagged a critical piece of information that you realllllly needed. Or you successfully negotiated an extra $5,000 off your car. On the flip side, sometimes you'll walk away from a conversation, scratching your head and wondering … “What just happened?” If either of these situations have happened to you, Charles Duhigg will help you understand WHY. Duhigg is a Pultizer Prize winning reporter. He holds an undergrad degree from Yale and an MBA from Harvard. He wrote for the LA Times and New York Times, before landing at The New Yorker. His first two books, The Power of Habit and Smarter, Faster, Better, have sold more than 5 million copies. Recently, he came out with a new book called Supercommunicators. He chats with us today to discuss the power of communication. Duhigg shares why communication is a critical component to happiness and success in every part of life. He discusses the different styles of conversations that people can have, which lead to either connection or disconnection. He also shares critical tips to help us all become supercommunicators and live richer lives. Enjoy! For more information, visit the show notes at https://affordanything.com/episode490 Learn more about your ad choices. Visit podcastchoices.com/adchoices
How to Start a Business in One Weekend, with Noah Kagan
Jan 31 2024
How to Start a Business in One Weekend, with Noah Kagan
#485: If you’ve ever thought: "I’d love a business BUT …” I don’t have TIME I don’t have MONEY I don’t have IDEAS I have TOO MANY ideas and I don't know where to start I'm not technical I'm not creative or artistic I'm not good at sales You're not alone. Countless people don't start businesses or side hustles for these reasons. And they're losing thousands -- perhaps millions -- in opportunity cost. How much could you make if you started a side hustle that eventually scaled into a business? Possibly millions. Today's guest, Noah Kagan, is living proof. Noah was employee #30 at Facebook. His stock options, if fully vested, would be worth over $1 billion today. (If you want to do the math -- his stock options came to 0.1 percent of the company, which has a current market cap of $1 trillion.) But Noah was fired just a couple months before his stock options vested. So rather than getting a billion-dollar payout, he got nothing. He sank into a deep depression, eventually recovering with the help of a therapist who counseled him on how to reframe the experience. Then he rolled up his sleeves and got to work. He became a serial entrepreneur, building multiple businesses. His most successful venture now makes $80 million in gross revenue, and his personal take-home is $3.3 million per year (which comes from a $200,000 annual salary and $3.1 million profit distribution.) His net worth is $36 million. Not a billion, but still not too shabby. Noah recently wrote a book called "Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours." He sits down with us (in person!) to share: -- how to find business ideas -- how to overcome objections and rejections -- how to scale By the end of the episode, the common objections that you often hear -- like "I don't have time/money/ideas" -- will be quashed. Please enjoy! For more information, visit the show notes at https://affordanything.com/episode485 Learn more about your ad choices. Visit podcastchoices.com/adchoices