8 Smart Things To Do With $1,000 Right Now (Plus the future of FinTech w/ Rory Holland)

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 23 February 2018

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What should you do with a small windfall? Today we ask, if you had $1,000, how should you best use it? We have an article that gives us eight great options, but we ask our panel which of those is best...and why? THAT alone gets rolling a fanstastic discussion between OG, Len Penzo, and special guest from the Money Nerds podcast, Whitney Hansen. We'll also turn our eye on FinTech. We talk to FinTech company founders most weeks on this show, but from the near-outside looking in, where's the ball headed? Rory Holland from CSTMR has a front row seat at the FinTech party, and answers the questions...what's the problem, how's it being solved, and what's next for FinTech? You'll see LOTS of possible directions for FinTech (and...psst....your money) after you hear this interview. We also answer Carolyn's three-oh call for help to the Blooom hotline. Her 21 year old son is graduating from college and she's concerned about claiming him. Can she claim him as a dependent still? On top of that, we'll also answer a letter from another listener, share Doug's trivia, and more. Thanks to Blue Apron for supporting Stacking Benjamins. Check out this week’s menu and get $30 OFF —WITH FREE SHIPPING—by going to BlueApron.com/SB. Thanks to MagnifyMoney.com for sponsoring Stacking Benjamins as well. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You know in today's world seems like the best treatments reserved only for a few. Well,
0:04.4	Discover wants to change that by making everyone feel special. That's why with your Discover card
0:09.8	you have access to 24-7 live customer service as well as $0 fraud liability, which means you're never
0:16.5	held responsible for unauthorized purchases. Finally, no matter who you are or where you are in life,
0:22.4	you'll feel special with Discover.
0:24.5	Learn more at Discover.com slash credit card.
0:27.3	Limitations apply.
0:28.9	Hey guys, this is Alex or as we call them here in the basement self-identified listener number three.
0:34.0	And what's funny is when I'm not stacking Benjamin's I'm usually
0:37.8	count in gold in my Los Angeles bunker maybe buying a new van for the Mrs sometimes I call my significant other and tell them to stop tracking the time it takes to manage our rental empire, such as in 15 minute increments,
0:49.0	so that I can jet set from Hawaii to the middle U.S. on a budget airliner to get one hell of a deal on a new car to drive back to Vegas
0:55.6	just in time to tell my best friend about the trip to Vietnam that my family and I went on.
0:59.8	Did I mention I went to Vietnam?
1:01.2	What? Doug, get out of here.
1:03.5	You're ruining the intro.
1:04.8	Gotta go!
1:05.8	Live from Joe's mom's Basement, it's the's neighbor Duggan.
1:25.0	When I was a young boy, my papy set me up on his lap and said,
1:30.0	son, what are eight smart things you can do with a thousand bucks?
1:33.7	Our family never actually answered that question on today's show we've got a
1:39.0	crack team to answer this age-old riddle. We'll also answer a bloom call for money help and more.
1:46.0	From the award-winning money nerds podcast we welcome back to the show
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.