Stephanie Kelton is an American Economist, Academic, and a leading proponent of Modern Monetary Theory. She served as chief economist on the U.S. Senate Budget Committee in 2015, and POLITICO called her one of the 50 Most Influential Thinkers the year after. 

On this episode of 50 Fires, she joins Carl to share her own personal stories about money and discuss what it means to her. The conversation explores the themes of taking risks, learning how (and when) to say yes to opportunities, and the challenges of the current financial system. Despite these challenges, Stephanie remains optimistic and believes that there are better ways to build and improve on the system.

Questions and Thoughts From Carl: 

Here are a few questions I think would be valuable to use this week with a client: 

1- How do you know when to say "yes" to a career option or a financial decision that may not be part of your plan?

2- How do you know when it's time to scrap the plan and pursue a completely different option?

3- Have you ever said "yes" to something outside your plan? How did it turn out? Did anything unexpected happen?

Many of the most important and impactful decisions of my life have not been part of the plan. There was no way I could have even thought of them!

After listening to this episode, I hope you and your clients are more attuned to saying "yes" to happy accidents when they appear in your lives.