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Talking About Wealth (w/Jennifer Risher)

Crazy Money with Paul Ollinger

Release Date: 09/22/2020

Family Fortune & Misfortune (w/ Janny Scott) show art Family Fortune & Misfortune (w/ Janny Scott)

Crazy Money with Paul Ollinger

Janny Scott grew up on an 800-acre estate near Philadelphia. The descendant of railroad barons and financial magnates, Janny tracks the effects of her family’s multi-generational wealth in her book, The Beneficiary: Fortune, Misfortune, and the Story of My Father. In the book, she lays the details of both the opulence and the tragic complications of her family’s vast resources. While things appeared perfect from the outside, alcoholism, suicide, divorce, and idleness derailed many of her relations.

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Asian-American Attitudes About Money and Success (w/Kathy Wang) show art Asian-American Attitudes About Money and Success (w/Kathy Wang)

Crazy Money with Paul Ollinger

Kathy Wang grew up in Northern California and graduated from UC Berkeley and Harvard Business School. After working in the technology field for four years, she quit her job and wrote her first novel, Family Trust, which is the story of the Huangs, a first-generation Chinese-American family. With their father dying and his second wife waiting, the adult kids are wondering what will become of their father’s estate.

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The Psychology of Money (w/ Morgan Housel) show art The Psychology of Money (w/ Morgan Housel)

Crazy Money with Paul Ollinger

Morgan Housel is the author of the new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Success with investing and maintaining wealth is less about quantitative skill than it is about consistency and self-awareness. As the back cover of his new best-seller reads, “Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people."

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Olympic Economics (w/ Apolo Ohno) show art Olympic Economics (w/ Apolo Ohno)

Crazy Money with Paul Ollinger

With eight Olympic medals (two of them gold), Apolo Ohno is America’s most decorated winter Olympian. He won his first major speed skating title (the US Championships) at the tender age of 14, after only six months of training. He continued on to a career that played a major role in establishing short-track speed-skating in the 2002, 2006, and 2010 Winter Games. 

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Talking About Wealth (w/Jennifer Risher) show art Talking About Wealth (w/Jennifer Risher)

Crazy Money with Paul Ollinger

As early Microsoft employees, Jennifer and her future-husband, David Risher, made millions from their stock options in the quickly growing company.

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Guy Raz on building How I Built This show art Guy Raz on building How I Built This

Crazy Money with Paul Ollinger

Guy Raz is the host and co-creator of the smash NPR program, How I Built This and author of a new book by the same name. On the show, Guy provides entrepreneurs a platform to share their company’s origin stories and the trials and tribulations involved in getting their companies off the ground. In the new book, Guy goes deeper, reflecting on all he’s learned about what makes founders click.

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Net fulfillment v. Net worth (with Bill Perkins) show art Net fulfillment v. Net worth (with Bill Perkins)

Crazy Money with Paul Ollinger

Would you consider yourself a success if you died with $1 million? How about $10 million? Well, what if you died with $0.00?

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Affluence, Insolvency, and Alcohol (with Kirkland Hamill) show art Affluence, Insolvency, and Alcohol (with Kirkland Hamill)

Crazy Money with Paul Ollinger

Kirkland Hamill’s grandfather was very rich. His mother and father raised him and his brothers in grand fashion until Grandpa's death exposed major cracks in the family fortune. When his dad left his mom, she took Kirkland and his brothers to Bermuda where they attended a prestigious school, but never knew how they were going to pay for groceries.

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Happiness is Making a Living with Your Hands (with Ken Rusk) show art Happiness is Making a Living with Your Hands (with Ken Rusk)

Crazy Money with Paul Ollinger

Ken Rusk has made a very good living by working with his hands. A true-life, self-described “ditch-digger,” Ken is an entrepreneur who has over 200 people working on his team. In his new book, Blue Collar Cash: Love Your Work, Secure Your Future, and Find Happiness for Life, Ken advocates an alternative career path to anyone who doesn’t believe “college + white collar job” is the route for them.

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More Choice Makes Us More Miserable (with Barry Schwartz) show art More Choice Makes Us More Miserable (with Barry Schwartz)

Crazy Money with Paul Ollinger

Barry Schwartz is the author of several books, including Why We Work and The Paradox of Choice. I spoke to Barry about his findings in these two important books.

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As early Microsoft employees, Jennifer and her future-husband, David Risher, made millions of dollars from their stock options in the quickly growing company. When David joined an online book-seller called Amazon, those “millions” became “tens of millions,” and Jen found herself nervously navigating the world of affluence. 
 
In her new book, We Need to Talk: A Memoir About Wealth, she explores the mind-bending experience of earning way more than she needed or ever imagined. While acknowledging their very good fortune, she nevertheless found herself dealing with guilt, awkward social situations, imposter syndrome, and the loss of identity that comes when you stop working.  
 
There are over 18 million millionaires in the United States. Most of them did not grow up with a lot of money, so they had to learn how to handle it. Yet, talking about having money is considered extremely rude. A recent Money Matters study found that 68% of people would rather talk about their weight than money. And more people are more comfortable talking about sex than talking about money. 
 
So how the hell are you supposed to figure it out? 
 
In her new book, Jen shares her thought-provoking, personal story, including the voices of others in her demographic to help us explore the hidden impact of wealth on our brains, relationships, and sense of place in the world. 
 
Jennifer Risher was born in Seattle, Washington, grew up in Oregon, and graduated from Connecticut College. She joined Microsoft in 1991 where she worked as a recruiter and then as a product manager. She and her husband, David, have two daughters and live in San Francisco, where David is CEO of Worldreader, a nonprofit he cofounded with a mission to create a world where everyone is a reader.  
 
Learn more about Jennifer and the book on her website

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Find out more about Crazy Money and Paul Ollinger on his website and/or follow him on the socials: 

• Twitter: http://Twitter.com/Paul_Ollinger

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Produced and edited by Mike Carano

Topics addressed in this episode include: wealth, affluence, wants v. needs, careers, working mother, millionaires.

Topics addressed on Crazy Money 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.

Now listen, I’m happy you’re here, but if you haven’t found what you’re looking for in the words above, you’re probably not going to find them down here. Seriously, all the important stuff is up yonder.