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The Stacking Benjamins Show

Avoid the Banking Walk of Shame (plus Military Appreciation Month)

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 12 May 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

Ever leave your bank thinking, "someone just made some money and it wasn't me?" Maybe a trip to your local credit union will be the cure. Credit unions are member-owned and offer low fees, high rates on savings and low rates for loans. Today we'll dive into the world of credit unions with some help during a special Wednesday "Fintech" segment from Navy Federal Credit Union's retired Marine Colonel Clay Stackhouse. We'll discuss how credit unions work, the basic benefits, and the perks that people often overlook.

Of course, that's not all. We'll still throw out the Haven Life line to help a lucky listener AND Doug will share his union-oriented trivia...although he might be on the wrong track today (what's new). Enjoy!

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey, I'm Mr. Wow.

0:01.4

And I'm Mrs. Wow, from Waffles on Wednesday.

0:03.6

And when we're not eating waffles, we're stacking Benjamins.

0:10.2

Live from Joe's mom's basement, it's the stacking Benjamin show.

0:16.4

Oh, wow. I'm Joe's mom's neighbor, Doug, and how's your banking?

0:28.9

Or should we ask, how's your credit unioning?

0:31.6

On today's episode, we shine a spotlight on your local friendly credit union and dive into the many benefits of membership.

0:40.1

And let's kick off Military Appreciation Month with a rare FinTech meets,

0:46.0

how to credit unions work meets, how are we celebrating segment from Navy Federal Credit Union.

0:52.2

We'll talk to retired Marine Colonel Clay Stackhouse.

0:55.9

Later, we'll toss out the Haven Lifeline to Anonymous, who is looking to upgrade houses.

1:01.3

But with the market as hot as it is, do Joe and OG have any tips to pull this off?

1:06.6

Of course they do.

1:08.1

We're here for you, Stackers.

1:09.6

And even if they don't, I'm here to share some of my amazing trivia.

1:16.2

And now, while some are pivoting from the military to civilian life,

1:20.3

here come two guys who should probably look at pivoting out of podcasting.

1:25.4

It's Joe and O J-JUD-J-J-J-J-J-J-J-J-J-G.

1:34.0

What is it about podcasting five days a week that makes that guy salty?

1:37.7

Time and a half, Doug.

1:39.0

Come on, Doug.

1:40.2

Time and a half.

...

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