Are You Frugal Or Just Plain Cheap? (with an intro to Blueprint)

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

🗓️ 9 March 2018

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Sure, you think of yourself as frugal, but do your friends think of you that way? If you're a little tight with money, or know someone who's maybe...just a tad too tight with money, today's discussion is for you! We're excited that today the creator of the new Financial Grown Up podcast and former Reuters TV anchor Bobbi Rebell joins us. Not only will we talk about penny pinching habits, but we'll also swing around to the other side of the financial spectrum...how do banks and financial institutions get you to part with more money? Partly it's by bestowing titles like "private banker" on the people who help you. We'll also turn our eye on FinTech, and this week discuss with Blueprint Income's Lauren Minches about the work they're doing with private pension programs. What if you could create a stable income stream for your retirement that didn't rely on stock market performance? Lauren and the Blueprint team are working hard at turning the world of annuities on their head, and today she'll walk us through the world of pensions, 401k's and the future of stable retirement income streams. If you aren't a fan of annuities, today's discussion about innovation in that area is exactly what you want to hear. We also answer Justin's three-oh call for help to the Blooom hotline. He's wondering what to do (hypothetically) with some money that he'd like to gamble with? What would our crack panel suggest? We'll get great ideas from Afford Anything's Paula Pant and our very own OG, as well as from Bobbi Rebell. 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

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0:21.2	that's Dell.com slash deals. six, five, four, three, two, one, zero, all engine running.
0:37.0	Lift off. Live from Joe's Mom's Basement, it's the Stacking Benjamin Show. show. This Mom's neighbor dug on on Today's Show, we've got a great crew to discuss, when are you
1:04.8	frugal and when are you just downright cheap?
1:07.8	I'll have trivia.
1:09.1	We'll discuss money headlines and we'll answer a bloom hotline call from Justin who wonders where we
1:16.4	might gamble on a few high-risk investment dollars. But good news he isn't
1:21.3	asking Joe that question helping out on today's show.
1:24.3	We welcome from the Financial Grown Up Podcast, Bobby Rabell.
1:28.7	And from the Afford Anything Podcast, Paula Pant. And from, well, here, Oh, j-j-j-j-j-j-g!
1:39.5	But that's not all. Ever wonder about replacing your income stream with your own pension?
1:44.9	One group is innovating in that area as we speak.
1:47.8	Today we welcome from Blueprint Lauren Minches.
1:51.5	And now, the guy Joe's mom said one day might amount to something at times a
1:57.4	ticking buddy Joe Saul see hi Salseah! Ah! Some day, maybe somebody.
2:05.0	Hey everybody, I'm Joe Salseah.
2:10.0	Average Joe Money on Twitter.
2:12.0	And we're back.
2:13.1	It's Friday, you made it through the week and that means we're kicking off your weekend
2:16.8	with another edition of the Stacking Benjamin show and as usual across this card table
	...

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