Earning More By Doing Less (with David Hause)

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

🗓️ 11 March 2019

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are you aggressively striving for your financial goals? Putting in the time to make your dreams come true? Are you sure you're NOT going to let anything stand in your way when it comes to securing a nice retirement and a fantastic nest egg? Here's a question: when are you working TOO hard toward your goal? How do you know when you've gotten TOO caught up in the rat race? On today's show, we sit with entrepreneur David Hauser, who's built and sold two successful businesses, but who also has been overworked, unhappy, and unhealthy. Early on, David was used to a 100+ hour week, a lifestyle of unhealthy eating, and not a lot of physical activity. After a 10 year journey of self improvement, David has found a work-life balance that not only satisfies his financial needs but his personal ones as well. As you'll hear in the interview, being all about the Benjamins doesn't necessarily mean you need to sacrifice the other important parts of your life.

Plus, in our headlines segment, how much do you spend on subscriptions? Today Joe talks to Andy Kerns from Digital Third Coast. Partnering with Waterstone to conduct the study, Andy's team looked into the relationship that America has with subscription services. Is it destroying your bottom line? We'll also dive into a piece on how the new crop of financial planners are trained... should more financial firms be looking at a residency program?

Later on we'll throw out the Haven Life Line to Roxanna, who's only partially vested in a 401k at her old workplace. Could she have problems getting her cash down the road? On the letter's side of things, Tearar wants to get some ETFs in her workplace's SIMPLE IRA, but is getting pushback. What's the deal?

As always, we'll still save some time for Doug's (completely epic) trivia.

Thanks to Molekule for supporting Stacking Benjamins. Get $75 off your first order at Molekule.com with our promo code: SB.

Thanks to Grammarly for supporting Stacking Benjamins. For 20% off a Grammarly premium account, go to Grammarly.com/sb.

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Transcript

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0:00.0	Looks like you've been missing a lot of work lately.
0:02.4	I wouldn't say I've been missing it, Bob.
0:10.1	Live from Joe's Mom's Basement, it's the Stacking Benjamin Show.
0:25.2	I'm Joe's mom's neighbor, Doug, and you know, with Grammarly sponsoring today's show,
0:28.3	I thought it's time to stop this charade
0:31.1	and roll out some of my more, you know, natural language.
0:34.7	Just really talk to you mono-imano.
0:41.4	It's what? It's pronounced charade.
0:49.4	Yeah, I doubt it. Today, we welcome a guy who used to work vigorously and now has learned how to do more by doing less. It's David Hauser. Plus, in our headline segment, how much of your monthly budget is
0:57.2	allocated to subscriptions? We welcome a guy who knows you spend more than you think you do.
1:03.7	Researcher Andy Kearns. Plus, we'll throw out the Haven Lifeline. Oh, oh, sorry, sorry, I mispronounced
1:09.6	that. The Haven Lifeline.
1:11.5	Answer a letter from the mailbag, and then I'll regal you with the...
1:15.6	What? Regale? Yeah, that's not even a word. I'll regal you with my Divany trivia.
1:23.7	And now two guys who probably don't even know the meeting of Divany.
1:32.3	It's Joe and O Jha, Jha, Jha, Jee.
1:40.4	What a divine open by Doug.
1:42.0	I think he had it right the first time.
1:43.3	He only needs a little work.
2:34.5	He's on his way. One day he'll be a podcast announcer. Hey, everybody, welcome to the Hooked on Phonics podcast. My name's Joe Saul C-Hi. Average Show Money on Twitter, just so you know which voice is which. And across the table from me, the... It's me. Divine OG. Well, thank you. Thank you. Yes. Yes. Happy, happy March 11th. Another week. Halfway through the month already. We are halfway there. Living on a prayer. Uh-huh. I got to hurry this up because I got to get back on the slopes with the Chitlins. That's so tough. Yeah. I feel bad for you. Spring break week this week. So off we go. I have never been downhill skiing. Huh? I've never been downhill skiing. I've cross-country skied many times. I've never down-hole skied. Most people that have downhill skied, I think it's the opposite. They've never cross-country skied. I've gone cross-country skiing,
2:41.7	but not on purpose. It was a mandatory evolution. Just sliding down a steep road? Or what are you talking about? Uncle Sam had a particularly. Had a program?
2:46.4	I had a program for that. Just in case the Canadians invaded or something I don't know
	...

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