Become the Budget Boss (with Catherine Alford)

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

🗓️ 19 April 2021

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How do you take care of your money? Is it dollar by dollar? Or do you swipe plastic (like we used to), hoping that the math in your head has worked out? Today we'll help you take control with a discussion about creating a budget meeting, changing your money mindset, and gaining the confidence you need to drive your goals. It's a powerful show and we're excited for you to hear it. Featured Guest: Catherine Alford Catherine Alford shares tips to help you take control of your life by utilizing the skills you already use every day. Cat's new book, Mom's Got Money: a millennial mom's guide to managing money like a boss has strategies, tactics, and ideas anyone can use. From money meetings to making small changes in your decisions leading to big habit and money improvements, there's plenty of options right within reach. Do You Really Own Your Virtual Investments? We'll also dive into the world of NFTs. Let's assume you're fully funding your other retirement vehicles and you're interested in putting some fun money into a fun NFT spot like NBA Top Shot. (Which is a new blockchain virtual sports card marketplace... thing). You actually made a nice profit and want to cash out... and here comes the headache. You realize it'll take months for your gains to become liquid, but you need cash yesterday. What now? It doesn't matter if you're investing in a Traditional or Roth IRA, annuities, virtual card trading marketplaces, or anything else - always make sure you understand what you're throwing your hard-earned Benjamins in. We explain more during our headlines. Vacationing Next Year? Buy Now! In our own little version of market timing, all signs point to "recoup lost revenue" when it comes to the airlines industry. If you're sure you'll travel next year, it might be good sense to buy that ticket now. We discuss travel, airlines, and more during our second piece. The Haven Life Line: Terrible 401k Options? Here's What To Do Kyle calls in and tells us he has terrible 401k options. His workplace plan offers one index fund and a host of high expense ratio plans. While he invests some cash for the company match, most of his contributions go towards his IRA. Kyle asks: what should he do in this situation? How can he get his workplace to offer better plans? As always, we'll save some airtime for Doug's trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	It's Monday and you know what that means not only are you just about to hear another new episode of the Stacking
0:06.2	Benjamin show, but we also have a shout out to the men and women of our U.S. Armed Forces.
0:11.7	On behalf of Navy Federal Credit Union and our team here at Stacking
0:16.3	Benjamin's, thank you for all that you do. Let's get this week rolling.
0:30.4	Live from Joe's mom's basement. It's the Stacking Benjamin show.
0:35.2	I'm Joe's mom's neighbor, Doug, and how is your budget ever heard of a family budget meeting, even if you plan alone.
0:51.9	Today, we welcome a woman who's mastered the art of getting money things done.
0:56.7	Catherine Alford. Plus, are you itching to get out and travel?
1:01.5	Now, might actually be the time to find that dream trip.
1:05.6	We'll discuss why and talk about some not-so-great NFT news during our headline segment.
1:12.4	Later, we'll toss out the Haven Lifeline and I'll share some crazy trivia with you.
1:18.6	And now, two guys who might take a lesson from our headline and go on vacation to leave me alone for a while.
1:26.9	It's Joe and oh, ju-ju-ju-ju-ju!
1:38.0	Are you kidding me? Every week you're doing the podcast is like a vacation.
1:41.6	In mom's basement, cheapest vacation ever. Hey, everybody.
1:45.3	Welcome to Stakations for the Wind Podcast. I'm Joe Salcihi, average Joe money on Twitter.
1:51.3	And kicking off a glorious Monday, it's a good friend OG.
1:56.0	What?
1:58.0	How was your week, sir?
1:59.7	Pretty good. Doing a little this, doing a little that.
2:02.4	Still, you know, on week two of my recovery from my shot, so it's great.
2:09.2	Just a wish to get one.
	...

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.