10 Money Leaks to Plug NOW!

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 14 September 2018

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Spend $8 at the coffee shop, $5 dollars for a little snack later on... maybe $20 eating dinner at a restaurant with your co-workers later tonight. Rinse, wash, and repeat a few days a week and you'll start to wonder where all that extra cash you're supposed to have in your wallet actually went. And maybe you're not leaving your money "faucet" on full pressure all the time, but like any homeowner can tell you, even a constant drip can run up a bill at the end of the month. Helping us face our own money leaks today, from the Mad Money Monster blog, we welcome Lisa Harrison. Rounding out our contributors today is Paula Pant (from Afford Anything) and Len Penzo (from LenPenzo.com).

But that's not all... we'll also have time for Doug's trivia, and also will tackle a voicemail from a listener. Derek wants to know how you explain the concept of a non-physical thing, such as cash or credit on a card, to young kids?

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Transcript

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0:00.0	This is Darrell from Pennsylvania.
0:02.2	When I'm not busy arguing with a four-year-old, I'm stacking Benjamin's.
0:06.7	No, Daddy.
0:13.4	Live from Joe's mom's basement, it's the Stacking Benjamin's show.
0:32.7	I'm Joe's mom's neighbor, Doug, and who turned on every single light in this place?
0:35.1	You think Joe's moms made of money?
0:38.8	Seriously, someone needs to tell these guys about energy conservation.
0:43.7	You'd think they'd already know because today, we're tackling a headline about money leaks.
0:44.8	You need to plug. Here to help us with just that and share a few money leak stories of our own, we welcome from madmoneymonster.com, Mrs. Mad Money Monster.
0:54.7	And from Afford Anything, please welcome Paula Pant.
0:58.7	And now, the guys who's rounding out this here roundtable from Len Penzo.com, we welcome Andrew Lincoln.
1:06.8	I'm just kidding.
1:08.1	He's busy getting written off the Walking Dead.
1:10.7	It's just Len Penzo.
1:12.5	But we're not just talking about money leaks. We'll still have time to answer a listener question.
1:18.7	And of course, my trivia. And now, the guy leading this band of misfits, Joe Saul, See-Hy.
1:27.0	I. of misfits, Joe Saul Cihai.
1:39.1	And what a great band of misfits they are. Welcome to Friday. I am Joe Sal Ceehi,
1:46.1	average Joe Money on Twitter. And man, we have some fun for you today because we are giving up. We're throwing away our normal format. And, well, I'm not going to, I'm not going to tell you what we're doing.
1:50.5	It's going to be our little secret. But something that's not our secret is our panel here today.
1:55.2	Let's start in the desert where Ms. Paula Pant is freshly back from Burning Man.
2:00.8	I am. Nice transition, Joe.
	...

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