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The Street
  • 6 days ago
Carl Richards, Author, The Behavior Gap, explains why you're probably saving for someone else's dreams without realizing it.
Transcript
00:00So many of us are basing our financial decisions, our investment decisions, our financial planning decisions around other people's goals, right?
00:08And this has only gotten harder since we've got the comparison machine, Instagram, telling us all the time what our goals should be.
00:16So I think the best thing you can do is just take a beat, right?
00:21Can you take a minute and figure out, is this my goal?
00:24Is this my mom's goal?
00:25Is this my brother-in-law's goal?
00:26Like whose goal is this that I'm investing or saving or planning my money for?

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