Financial Lessons from a Wedding Gone Wrong

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

🗓️ 19 April 2019

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What happens when a bride and her mom spend $70,000 on a wedding and everything goes wrong? Here's a bigger question: What happens when you spend more to get a bigger, better experience and it completely goes awry? Is it better to "super size" your spending to find more joy? We're all about the correlation between happiness and spending on today's episode. We're shaking things up with today's roundtable guest because joining us in today's discussion is Bobbi Rebell, host of the Financial Grownup podcast AND co-host of our very own Money in the Morning show. Plus, we'll call up Paula Pant of Afford Anything, and Len Penzo from LenPenzo.com. After a crazy Game of Thrones meets Len Penzo inspired trivia from Doug, we'll answer a voicemail during the Magnify Money call. Reed asks about an article he's read on retirement. According to the piece, there's a lot of "front-loaded" spending in retirement, which could drain cash savings a lot quicker than expected. We'll give our take on retirement, spending, and planning in our response to the piece. Thanks to Clear for supporting Stacking Benjamins. Get your first two months of Clear for free by going to clearme.com/sb2019 and using promo code sb2019. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:21.1	that's Dell.com slash deals.
0:27.9	Stand by for an urgent message from the crack team at stacking
0:31.8	Benjamin's.
0:33.0	Live from Joe's mom's
0:39.0	live from Joe's mom's basement
0:41.0	it's the stacking Benjamin show.
0:43.0	I'm Joe's Mom's show.
0:44.0	I'm Joe's Mom Saver Duck and welcome to the weekend here to celebrate weddings and spring.
0:57.0	Today we're talking about a wedding gone wrong.
1:00.0	Oh, I love those. And asking the question, how important is money to make the big events in your life shine?
1:07.0	We'll get the perspectives of our crew today, including from Financial Grown-Up and our Money in the Morning Podcast, Bobby Rabel.
1:15.0	Plus, from Afford Anything, Paula, pant.
1:18.0	And from when PENzo.com, it's Joe Biden.
1:22.0	I'm just kidding, but he is on his way over here to give me a back rub any minute.
1:26.0	It's just Lenpenzo.
1:27.7	Of course, that's not all.
1:29.3	We'll magnify someone's money and the team will compete to see who wins my amazing trivia challenge.
1:36.0	And now the king of basement money nerds, Joe Saul. Oh, see how see how.
1:49.0	I don't know about the king, but I certainly know how to lead the Friday charge. Hey there, everybody, I am Joe Saul see High, average Joe money on on Twitter and what a show we have for you today because
	...

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