Buckhead v. Atlanta - Ep 124

10/19/21 • 50 min

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What would happen if the richest neighborhood in your town declared itself its own municipality, taking with it the tax dollars of the richest 20% of citizens? That is what might happen here in Atlanta where a well-funded group is petitioning to carve the wealthy neighborhood of Buckhead (coincidentally, where I live) away from Atlanta, into its own city. This initiative has gained traction and has a very real chance of making it to the ballot in November of 2022. Not that Buckhead residents don’t have good reason to be frustrated with local government. Our police force is diminished and demoralized, and crime is simply out-of-control. Aggravated assaults in Buckhead are up 52% this year over an already violent 2020. And at Lenox Square, a mall that is 2 miles away from my home, there have been a half-dozen shootings and many more armed robberies over the past year or so. It’s a total freaking mess. On today’s episode, I talk to Bill White, the CEO of the Buckhead City Committee, the group behind the initiative, and to Felicia Moore who is both the President of the Atlanta City Council and a candidate on the ballot for next month’s mayoral election. This might sound like a local news story but I think it’s relevant to all of us and relevant to the mission of this show because it’s emblematic of where we are as a society and whether or not the wealthy are better off trying to isolate themselves from our relatively less-affluent neighbors and fellow citizens. I look forward to hearing your feedback. Please email me your thoughts. To learn about Felicia Moore go here. To learn more about the Buckhead City Committee, go here. RATE and Review Crazy Money here.

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Your Brain on Money with Daniel Crosby - Ep 123

Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist and behavioral finance expert who studies and writes about the intersection of financial markets and the human brain. A New York Times best-selling author, Daniel has published several books, including The Laws of Wealth and The Behavioral Investor, which we discuss in this episode. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. Daniel was named one of the “12 Thinkers to Watch” by Monster.com and a “Financial Blogger You Should Be Reading” by AARP. In this substantive yet light-hearted conversation, Paul and Daniel examine: • Evolution and how we are the descendants of paranoid, twitchy, and skeptical ancestors • The role of self-esteem in achieving positive financial outcomes • How financial advisors (don’t call them “brokers!”) can keep yo from your own • And, of course...gazelles. He also shares insights into his guitar and sneaker fetish. (Well, maybe not “fetish,” but “obsession.”) Listen to Daniel's Standard Deviations podcast here and find his books here. ❤️ Rate and review Crazy Money by clicking here. 📩 See Paul’s upcoming shows here. 📷Follow Paul on Instagram here. 👒 See Paul’s wife’s fashion accessory, Sidecar here. About Crazy Money: Unlike traditional personal finance shows, Crazy Money is not about how to make a million bucks, how to beat the stock market, or how to save money by switching credit cards. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: philosophy, happiness, contentment, meaning, dreams, purpose, success, society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, mid-life crisis, business, work, careers, authors, books, consumerism, values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth management, culture, society, status, ambition, accomplishment, perfectionism. Please stop reading and have a great day. Paul loves you.

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Preppy Handbook Author, Lisa Birnbach - ENCORE EPISODE

Lisa Birnbach is the author of over 20 books, includingThe Official Preppy Handbook, which became a cultural phenomenon in the early 1980’s. The book sold more than a million copies, has been cited as an inspiration to the founder of J. Crew and is thought to have boosted the growth of LL Bean. InT.O.P.H., Birnbach celebrated, skewered, and democratized the concept of preppiness with writing the The New York Times described as “affectionate but acerbic.” Upon re-visiting the book, I found her reflections on money, fashion, status, and the social hierarchy as insightful and hilarious today as they were forty years ago. In this thoroughly enjoyable interview, we talk about the preppy aesthetic, Connecticut, and how the world has (and hasn’t) changed since she launched this juggernaut into being. Celebrated for her keen eye and sharp wit, Lisa Birnbach is an award-winning journalist, cultural commentator, and best-selling author. She has written for The New York Times, The New Yorker, Parade, Rolling Stone, and New Yorkmagazine. Lisa spoke to me from her home on the Upper West Side of Manhattan. **Please rate and review Crazy Money here. E-mail Paul here. Join the Crazy Money Listeners Group here About Crazy Money: Unlike traditional personal finance shows like Dave Ramsey or Suze Orman, Crazy Money is not about how to make a million bucks, how to beat the market, or how to save money by switching cable providers. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: Philosophy, Happiness, Contentment, Meaning, dreams, purpose, Success, Rat Race, Society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, Mid-Life Crisis, Business, Work, Careers, Authors, Books, Consumerism, Values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth, wealth management, culture, society. Status. Crazy Money is produced and edited by Mike Carano Are you really still reading?