by Shelley Seagler
I recently read The Behavior Gap by Carl Richards. It’s an enjoyable read, loaded with good, practical advice and the type of rational common sense we all should possess. While I don’t think Richards is saying anything you haven’t heard before, especially if you been a long time reader of Kim Snider and Snider Advisors’ blog, he does say it in an interesting way.
My favorite part of the book is the ingenious way Richards uses back-of-the-napkin drawings to illustrate his points. It’s definitely one of those things I saw and thought, “Ugh! Why didn’t I think of that?!?!” The New York Times has compiled Richards’ clever doodles here – The Sketchpad: Personal Finance on a Napkin. Not only can you peruse the drawings, the page is interactive so you can click to read Richards’ corresponding articles blogs.
After you check out the Sketchpad, I also recommend that you read Richards’ very personal article How a Financial Pro Lost His House. It’s an eye-opening look at how someone who was “supposed to know better” allowed himself to fall victim to the housing boom and bust.