『Stuff About Money They Didn't Teach You In School』のカバーアート

Stuff About Money They Didn't Teach You In School

Stuff About Money They Didn't Teach You In School

著者： Erik Garcia CFP® & Xavier Angel CFP®
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今ならプレミアムプランが3カ月 月額99円

2026年5月12日まで。4か月目以降は月額1,500円で自動更新します。

概要

 They might not have taught you the stuff about money you needed to know to build wealth, but Xavier and Erik are ready to take you back to school. When it comes to money, it is never too late to start learning.2021 個人ファイナンス 経済学
エピソード
  • Episode 108: Consistency: The Hidden Engine of Wealth

    Episode 108: Consistency: The Hidden Engine of Wealth
    2026/05/05
    In this third episode of the series, Erik Garcia, CFP®, and Xavier Angel, CFP®, uncover what they call the hidden engine behind wealth: consistency. After breaking down the behaviors that destroy wealth and the ones that protect it, this episode answers the real question—what actually builds it. The answer isn’t intensity, timing, or even talent. It’s doing the right things over and over again, long after the excitement fades. As Erik puts it, most people don’t fail financially because they’re wrong—they fail because they stop. Drawing on Angela Duckworth’s research on grit, Erik and Xavier connect the dots between perseverance and financial success. They break down the three key areas where consistency shows up: saving, investing, and developing your skills. Along the way, they challenge common behaviors like present bias and emotional investing, while reinforcing a simple truth—wealth is built little by little. This episode is a reminder that showing up when it’s boring isn’t a weakness…it’s a competitive advantage. Episode Highlights: Erik introduces consistency as the hidden engine behind wealth building and why it matters more than talent or intensity. (03:36) Erik shares Angela Duckworth's grit research, revealing that it's the grittiest individuals, not the most talented or intelligent, who tend to succeed long-term. (05:24) Xavier connects the grit conversation to his daughter's four-year journey in competitive dance, crediting her growth to determination and grind over raw talent. (07:49) Erik uses the "plateau of latent potential" from Atomic Habits to show how consistent, unseen effort eventually compounds into visible results. (09:52) Xavier explains how consistent savers reverse the urge to spend now and save later by choosing to save first. (12:25) Erik discusses how dollar cost averaging and emotional discipline set 401k millionaires apart. (14:15) Erik explains how building expertise over time enables higher-level work and greater income potential. (17:03) Xavier reflects on the power of grinding it out, noting that those who stay in the game longer do so by learning from failures and redefining their approach along the way. (20:25) Erik cites Proverbs to reinforce that money made quickly disappears, while wealth gathered little by little grows and endures. (21:32) Xavier connects consistency to momentum, saying the magic happens when you hold the fire to it and keep showing up. (23:38) Erik encourages listeners to make consistent financial decisions that stack over time, because wealth gained little by little is what lasts. (24:38) Key Quotes: “In the context of money, most people are not failing because they don't know what to do. They're failing because they don't do it long enough.” - Erik Garcia, CFP® “You are failing along the way and you're learning from those failures and redefining what you're doing.” - Xavier Angel, CFP® “What's important is that wealth builders consistently build their base. They're consistently building their foundation.” - Erik Garcia, CFP® Resources Mentioned: Erik Garcia, CFP®, BFA Xavier Angel, CFP®, ChFC, CLTC Plan Wisely Wealth Advisors
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    26 分
  • Episode 107: 3 Behaviors That Protect Your Wealth: The Disciplines That Keep You From Losing What You’ve Built

    Episode 107: 3 Behaviors That Protect Your Wealth: The Disciplines That Keep You From Losing What You’ve Built
    2026/04/21
    In the last episode, we broke down the behaviors that quietly destroy wealth—emotional decisions, lifestyle creep, and overconfidence. But avoiding mistakes is only half the equation. In this episode, Erik Garcia, CFP®, and Xavier Angel, CFP®, flip the conversation and focus on what actually protects wealth once you start building it. Because wealth isn’t just created—it has to be preserved with intention. We walk through three foundational disciplines: living below your means to create margin, reinvesting instead of extracting to keep your money working, and avoiding catastrophic mistakes that can undo years of progress. Grounded in behavioral finance and real-world experience, this episode shows why wealth is often less about big wins—and more about consistently doing the right things over time. Episode Highlights: Erik explains the behavioral economics foundation of today's episode, referencing Richard Thaler's book "Misbehaving" to highlight how humans often act irrationally in financial decision-making. (04:14) Xavier explains how building financial margin is what creates the space to save, invest, and pursue what matters most. (07:14) Erik shares the single most consistent pattern across people who successfully build wealth: they spend less than they earn and make building margin their priority. (10:10) Xavier discusses the second behavior, reinvesting instead of extracting, explaining that wealth grows when money is kept in the system and put back to work rather than pulled out early. (13:44) Erik explains the third behavior, avoiding catastrophic mistakes, using a golf analogy to share why minimizing financial damage matters more than chasing perfect results. (19:08) Erik discusses specific strategies for avoiding catastrophic financial mistakes: managing risk at the right level, maintaining sufficient liquidity, and diversifying rather than concentrating in speculative assets. (22:04) Xavier shares a sharp contrast between wealth lost and wealth built, explaining that losses often trace back to one risky decision while lasting wealth comes from thousands of small, consistent good ones. (25:25) Key Quotes: “When building wealth, the goal isn't to look wealthy, right? The goal is to be wealthy. I can be wealthy and not own the most expensive clothes or the biggest house or the most expensive car.” - Xavier Angel, CFP® “This is the common thread in financially successful people. It's what allows everything else to work. Without financial margin, there's nothing to invest. Nothing to save, no money to compound.” - Erik Garcia, CFP® “Reinvesting, not spending your investments involves an intentional, purposeful, conscious decision to choose the future over today. I'm saying no to myself today because I'm saying yes to something tomorrow” - Erik Garcia, CFP® Resources Mentioned: Erik Garcia, CFP®, BFA Xavier Angel, CFP®, ChFC, CLTC Plan Wisely Wealth Advisors
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    28 分
  • Episode 106: Before You Build Wealth… Stop Destroying It: The 3 Behaviors That Sabotage Your Financial Future (Part 1 of 4)

    Episode 106: Before You Build Wealth… Stop Destroying It: The 3 Behaviors That Sabotage Your Financial Future (Part 1 of 4)
    2026/04/07
    Before you can build wealth, you have to stop destroying it. Nobel Prize-winning economist Richard Thaler said it best: “People don’t act rationally.” And when it comes to money, that shows up in ways that quietly cost us more than we realize. In this episode, Erik Garcia, CFP®, and Xavier Angel, CFP®, break down three wealth-destroying behaviors—emotional decisions, lifestyle creep, and overconfidence. These aren’t knowledge problems—they’re behavior problems. And over time, they compound in the wrong direction. This is Part 1 of a 4-part series to help you stop losing… and start building. Episode Highlights: Erik discusses that behavior, not market drops, is the biggest obstacle to building wealth, grounding the discussion in Richard Thaler's Nobel Prize-winning behavioral finance research. (02:56) Erik shares about a client who moved to cash during market volatility and ended up as the only negative portfolio that year, using it to show how emotional reactions impact returns. (06:39) Xavier explains lifestyle creep and how spending that rises faster than income eliminates the margin needed to build wealth. (10:51) Xavier mentions that inflation, not lifestyle choices, is forcing some listeners into tighter margins and asks what to do when spending rises without any upgrade in lifestyle. (15:17) Erik introduces overconfidence as the third wealth-killing behavior, noting people consistently overestimate their ability to time markets and spot opportunities. (18:21) Xavier connects bad financial behaviors to generational patterns, pointing out that children observe and absorb those habits into their own lives. (24:03) Erik closes with the heart of their practice philosophy: understanding how people think about money is just as important as knowing how to grow it. (26:26) Key Quotes: “You don't need to save as much today as you were yesterday because you can always come back and reevaluate it at a different time when the season is over and begin increasing those savings at a later date.” - Xavier Angel, CFP®, “The best way for us to help you be successful is to understand how you think about money.” - Erik Garcia, CFP® Resources Mentioned: Erik Garcia, CFP®, BFA Xavier Angel, CFP®, ChFC, CLTC Plan Wisely Wealth Advisors
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    29 分
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