Ben Franklin’s Gigantic Last Bet

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 13 April 2022

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Why did Ben Franklin change his will two months before he died? Instead of leaving money to his family, he made a big bet on two cities that meant a lot to him, Boston and Philadelphia. Michael Meyer wrote a fascinating book about Ben Franklin's life -- and death -- and he joins us today to share part of the story. Ben Franklin had specific wishes for his gifts and Michael explains how the two cities handled it differently. In our headline segment, we're talking about mortgage rates. What do rising rates mean for your budget and how worried should you be? We'll give you all the details. We're also answering Steven's question about moving to a higher cost of living to save more. And we'll leave room for Doug's amazing trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	At some point far in the future, historians will probably ask, what was daily life like
0:07.9	in the early 21st century?
0:10.7	Well, one thing we know for sure.
0:14.0	Nobody will ever point to these two clowns and say, this was how you should have been stacking
0:19.2	Benjamin's.
0:25.4	Live from Joe's mom's basement, it's the stacking Benjamin show.
0:39.9	I'm Joe's mom's neighbor Duggan, it's National Thomas Jefferson Day, so we're going to talk
0:44.7	about him and his bowling team partner, Benny Franklin.
0:48.6	The two of them collaborated on a little iPhone note's memo called the Declaration of Independence.
0:53.8	Today, to tell us about Ben Franklin's remarkable afterlife gamble, we welcome Michael Meyer.
1:01.6	In headlines, people in the housing market are worried mortgage rates are rising too fast.
1:06.8	What does it mean for you?
1:08.4	We'll share tips and I'll throw out the Haven lifeline to Stephen with a question about
1:13.6	moving to an area with a higher cost of living on purpose, then I'll share my Jeffersonian
1:20.6	trivia.
1:21.9	And now, two guys who are the Ben and Tom of this basement, helping you write your Declaration
1:27.6	of Financial Assendance, it's Joe and oh, jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
3:57.6	Jjjjjjjjjjjjjjjjj
4:27.6	Jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
9:27.6	Jjjjjjjjjjjjjjjjjjjjjj
11:27.6	It's gonna be another three years, just three years
11:31.8	of doubles twice.
	...

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