Buy Nice or Buy Twice

Spend More Now, Less Financial Pain Later

I like buying high-quality things. And for the longest time, I’ve had this sneaking suspicion that buying high-quality stuff, which perhaps initially was more expensive, actually saved me money in the long run. It wasn’t until very recently, though, that I noticed a strong argument in support of my hunch.

Learn Act

When to Say Yes

Last week, I shared the benefits of saying “no.” But I wanted to share some great feedback I received after writing that column. Could the flip side of the argument be true? Could there be times when we’d benefit from saying “yes” to every opportunity early on?

Circus Clowns

Your Financial Plan Trumps the Financial Forecasters

Every year, right around this time, all the big brokerage firms, economists and banks come out with projections of what’s supposed to happen next in the financial world. This year is no exception. Especially prominent in the news has been the Royal Bank of Scotland warning, in no uncertain terms, that people should “sell everything” and prepare for a “fairly cataclysmic year ahead.”

status quo

The Pain of Making a Change

The status quo bias fascinates me. We tend to struggle with the uncertainty that comes from making a change. Even though we “know” that the status quo isn’t exactly what we want, we hesitate. It’s what we know. And something new might be worse. In today’s episode, I’ll share a…


Learn How to Say No So You Can Say a Bigger Yes

I have a problem: It’s really hard for me to say no to new, exciting projects. If you’re doing creative work at all (and I’m using this term very broadly, so that should mean just about everybody), then you’ve probably run into this problem yourself. There are endless options for…


Why Behavior Gap Radio Exists

When I started Behavior Gap Radio last fall, I had this idea to challenge myself to create something every day. Didn’t matter if it was perfect. I just needed to create. That was the goal. Since I love talking through ideas, I thought it would be fun to start noticing the world around me and record those thoughts. The outcome has been amazing, but I’m trying to remember the reasons why I started doing it in the first place so I don’t lose sight of my goal and get distracted by other things.

Things People Say

Other People Don’t Know Your Financial Situation

Recently, my family needed a new vehicle. I’ve always wanted a truck, and I knew we would get tons of use out of it. Could I have found a cheaper vehicle? Sure. But I knew we could afford the truck, so after lots of careful thought, we decided to buy it. Anytime I make a major purchase, I end up feeling insecure about it, and this was no exception. Not long after buying the truck, I ran into a friend I hadn’t seen in a while. When he saw the new truck, he said: “Wow, Carl! Things must be going really well for you at work!”


Just Go to Lunch

You know that moment when a friend tell you about an amazing project, and you really want to do it, BUT it doesn’t fit in your current plans? Instead of fighting a creative hangover from getting excited then needing to say “no,” I have a suggestion: Just go to lunch….

Cost Per Unit of Fun

What’s Your Cost Per Unit of Fun?

A few years ago, my wife and I considered buying a boat. We both grew up water-skiing on the lakes here in Utah, and some of my best memories involve being on the water. I was talking about this with my friend Eric, because he has a boat, and he introduced me to his “cost per units of fun” concept.


Understand the Risk of Simplification Cycling

Have you ever heard of simplification cycling? I first read about it Simple Rules by Donald Sull and Kathleen Eisenhardt. When we start doing something, maybe at work or even in our personal lives, we work out the full process and often make really long checklists.