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The Stacking Benjamins Show

Can "More" Really Make You Happier? (plus a look at mortgage innovation with Joel Gurman)

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 20 September 2019

⏱️ 81 minutes

🧾️ Download transcript

Summary

We spend more and buy stuff to make us happy, but does it? Does more really equal better? On today's show we dive into a recent blog post from the Four Pillar Freedom blog to look at the nature of happiness. Money is always intertwined in our view of "happy," probably because advertisers love making us think that if we just buy one more thing we'll finally get that elusive joy that we've been craving. We'll talk about joy, addiction, happiness and more on today's podcast with a team including Beau Humphreys from The Personal Finance Show, CFP Katie Brewer from Your Richest Life planning, and our own OG.

Halfway through the showwe have a special treat where we usually feature our Friday Fintech spotlight. Today instead we'll shine a light on mortgages, because with his recent move to Detroit, Joe just found out that industry insider Joel Gurman from Quicken Loans is his neighbor! Joe invites Joel down to the basement today and quizzes him about the state of mortgages, how interest rates really work, what other fees are involved with mortgages, and more. It's a wide-ranging, fun conversation about the biggest loan many of us will ever have.

But that's not all. We'll help C on the Magnify Money call-in segment. C is wondering about retirement withdrawal software. He feels that savings-wise, he is on course, but he wants to make sure that he is withdrawing in the most tax-efficient way.

Thanks to AcreTrader for supporting Stacking Benjamins. For more information on how to become a farmland investor through AcreTrader, visit acretrader.com/sb

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Transcript

Click on a timestamp to play from that location

0:00.0

And now we're pleased to bring you our feature presentation.

0:12.2

Live from Joe's Mob's basement, It's the Stacking Benjamin's show.

0:30.5

I'm Joe's mom's neighbor, Doug,

0:32.6

and look at my calendar,

0:34.0

it's Game of Thrones creator George R.R. Martinin's birthday to celebrate joe's mom wanted to go

0:41.2

all out so we've turned the basement into a throne room and just in time because we do have some

0:47.9

royalty coming on the show today let's welcome the host of the personal finance show, Bo Humphreys.

0:55.6

And from Your Richest Life Certified Financial Planner, Katie Brewer.

1:00.9

And finally, we welcome Kit Harrington.

1:04.0

Oh, my God.

1:05.6

I'm just kidding.

1:06.8

It's only our own winter is coming, dude.

1:10.5

O.G. Speaking of winter is coming, dude, OG.

1:12.0

Speaking of winter is coming, maybe we'll kill someone off today.

1:15.5

I suggest we start with OG.

1:18.6

Anyway, today we're meeting our neighbors, and it turns out Joe's neighbor is a guy who's an executive VP in the mortgage industry.

1:26.8

Here to talk, talk mortgage is 101.

1:29.2

We welcome Joel German.

1:32.0

Of course, we'll have our trivia contest.

1:35.8

Oh, that's a great idea.

1:37.0

Kill the loser!

1:38.9

And answer a magnify money call for help.

...

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