Your Phone Addiction Is Costing You Money — Richard Simon, Author of UNPLUG

We live in a world where we're more connected than ever… yet more distracted, overwhelmed, and disconnected from what actually matters. In this episode of Resilient Riches, Yair Klyman sits down with Richard Simon, Georgetown Law professor and author of Unplugged, to unpack one of the most important (and overlooked) challenges of our time: Our relationship with our phones. This isn't just a conversation about screen time. It's about focus, productivity, family, finances — and ultimately, the kind of life we're building. Richard explains why this moment in history is fundamentally different from anything we've seen before. We've worried about new technologies in every generation — from comic books to TV — but smartphones are the first tool that never leaves our side. And that constant presence is changing how we think, work, spend, and relate to the people around us. What You'll Learn in This Episode Why the ability to focus deeply is one of the most valuable skills for building wealth How constant notifications and "always-on" work culture are leading to burnout and lower productivity A practical framework for time blocking that actually works in real life How to set boundaries with clients, colleagues, and even your boss — without hurting your career The hidden financial cost of smartphone usage (including impulsive spending and lack of intentionality) Why modeling behavior around phones is one of the most important things you can do as a parent Simple environmental changes (at home and at work) that can dramatically improve your relationship with technology How to use your phone intentionally — so it serves you, instead of controlling you A Different Way to Think About "Unplugging" This episode isn't about quitting your phone or abandoning social media. It's about something much more powerful: Becoming intentional. When you create structure around your technology — instead of reacting to it all day — you unlock: Better focus Higher quality work Stronger relationships More thoughtful financial decisions And ultimately, more control over your time and your life Why This Matters (More Than You Think) The average adult spends 5+ hours per day on their smartphone. That's not just time lost. It's attention lost. Clarity lost. Opportunities missed. And for many people, it's quietly impacting their ability to grow wealth, be present with their family, and think strategically about their future. About Our Guest Richard Simon is a Georgetown Law professor and the author of Unplugged, where he explores how individuals and organizations can build a healthier, more intentional relationship with technology. He works with businesses, professionals, and families to help them reduce overwhelm, increase focus, and create sustainable systems for both work and life. Listen Now If you've ever felt distracted, overwhelmed, or like your phone is running your life more than you are… This episode will challenge the way you think — and give you practical tools to take back control. 🎧 Listen now on the Resilient Riches Podcast