Paula Pant

So when you're looking at those factors, how do physicians and their families enjoy the life they've worked so hard to create without allowing lifestyle inflation to quietly sabotage their financial future when you've got all these other financial factors to contend with as well?

Well, as a friend of mine in the podcast world says, Paula Pant of the Afford Anything podcast, you can afford anything, but not everything.

And physicians get into this everything mindset where stack on top of that private schools for the kids.

And in addition to the cars, the houses, the vacations, the country clubs.

This is Optimal Finance Daily.

Take the 1% Challenge by Paula Pant

of affordanything.com.

And I'm your host and narrator, Justin Malek, reading to you every day with permission from the authors.

So with that, let's get right to it as we optimize your life.

Take the 1% Challenge by Paula Pant of affordanything.com.

Pop quiz.

You're buying airline tickets to visit grandma for the holidays.

Let's start with a woman right to my right, to your, I don't know, left, right, yeah, right.

Paula Pant is here from Fort Anything.

How are you? I am

fantastic.

The energy, the vibes.

It's great.

And a guy that I told Paula Pant, I'm like, you're going to love this guy.

She's like, whatever, Joe, whatever.

Welcome to Money Life for September the 24th.

And if you are new to the show, I'm not sure you could have picked a better day because Gene Chatzky and Paula Pant on the same show.

Come on.

This is going to be fun.

It's the how do you build a paycheck for yourself? And we're going to discuss not only annuities, but CDs and bonds and stocks and the rest.

So all of that is in there.

But a lot of fun chatting with her, a lot of fun talking with Paula Pant.

And it's interesting, did the interview with Paula Pant, and then I saw a piece out from Eric Wallerstein, who's been a guest on the show before he had his current job.

And kidding to meet you and so many other personal finance podcasters that I now listen to.

Paula is now my second favorite behind SB.

Paula Pant came out that night and we had a great time.

We just sat outside of this great microbrewery and everybody kind of shared their money story.

And we told some behind the scenes stories.

So we still have great things planned, including tomorrow on the show, Matthew Timpain, from Schaefer's Investment Research, Talking Technicals, Elliot Gu from the Energy and Income Advisor, talking in the Market Call about stocks.

But we also have coming this week, Joe Saul Sihai from Stacking Benjamins, Paula Pant from Afford Anything, Jean Chatzky, financial goddess who has her new book out, and David Rubenstein, founder of the Carlyle Group, really interesting book on owning a sports team.

and what he learned from talking to other owners of sports teams.

All that and much more.

Hi, I'm so happy to be

back, Paula.

Of course.

Thank you for joining us.

And so you might pull your money out of the index funds and put them into bonds prematurely, for example, because you assume things are going to go badly for you.

And I like to talk about it as adaptive, because if you understand the science, you would see that it's adaptive.

Because why do people have this theory, Paula? People have low self-worth.

As researchers put it, memories are the database of self-worth.