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Dr. Brian Klaas: The Secret to Financial Resilience

Dr. Brian Klaas: The Secret to Financial Resilience

FromAfford Anything


Dr. Brian Klaas: The Secret to Financial Resilience

FromAfford Anything

ratings:
Length:
65 minutes
Released:
Jun 21, 2024
Format:
Podcast episode

Description

#516: Have you ever wondered how small, seemingly insignificant actions can have massive impacts on your financial life? 
In today's episode, we talk to Dr. Brian Klaas, a Professor at University College London and an affiliate researcher at the University of Oxford. 
He explains how our decisions can lead to unintended and unanticipated consequences. 
He describes why resilience is more important than efficiency when it comes to protecting your investments and career from unexpected shocks. You'll learn how to tell the difference between predictable problems and those that are full of uncertainty, giving you a new way to think about your decision-making process.
Key Takeaways:

Embrace the unpredictability of life and recognize the interconnectedness of your actions.

Prioritize resilience over efficiency to mitigate catastrophic risks.

Understand the difference between predictable and uncertain challenges to make smarter decisions.


For more information, visit the show notes at https://affordanything.com/episode516
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Released:
Jun 21, 2024
Format:
Podcast episode

Titles in the series (100)

You can afford anything, but not everything. We make daily decisions and create habits around how to spend money, time, energy, focus and attention – and ultimately, our life. Every decision is a trade-off against another choice. But how deeply do we contemplate these choices? Are we settling for the default mode? Or are we ruthlessly optimizing around a deliberate life? Are we creating financial independence, early retirement and debt freedom? Are we managing money wisely? Host Paula Pant interviews a diverse array of entrepreneurs, early retirees, millionaires, investors, artists, adventurers, scientists, psychologists, productivity experts, world travelers and regular people, exploring the tough work of living a truly excellent life. Listen to her interviews with Clark Howard, Gretchen Rubin, Cal Newport, James Clear, Chris Guillebeau and Dave Ramsey daughter Rachel Cruze. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape