How Are Food Prices Rising? Len Penzo's 13th Annual Sandwich Survey

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

🗓️ 9 August 2021

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Think inflation is boring? Think again, because today we're asking the simple question (and a far more fun question than "what's up with inflation..."), "How much does a sandwich cost?" We wouldn't be asking that question if Len Penzo wasn't back for his annual sandwich survey! That's right, Len joins us today to walk through the findings of his annual survey of the cost of the 10 most popular brown bag sandwiches. Bologna is usually the cheapest and BLT is usually the most expensive. With the rising cost of some ingredients this year, do you think the results will be the same? Len describes his survey method and results with us and also shares the story of why he started the sandwich survey 13 years ago. During our headline, we take a look at Sylvester Stallone's rise to fame and he recounts his days as a struggling, broke actor. How did he beat the odds and become successful? In this news piece, he talks about his struggles early in life and how he overcame them. We'll also throw out the Haven Life line to Anna who has a question about IRA contributions, and specifically a backdoor Roth IRA. And Doug will share some of his Vatican trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	It's Monday, oh gee, you know what that means it means two things. It's time to do another podcast. It three things
0:08.2	It is Captain Crunch Day here in the basement. Oh, yes, I remember one and time to do
0:14.3	Crunch Bears. Yes, and number three time for our shout out to the men and women in the US military, keeping us all safe all weekend while we
0:22.8	had some fun out in about so on behalf of the men and women of Navy Federal Credit Union and
0:29.7	The team here in the basement a big shout out to our military. Let's go stacks and Benjamin's people. Is this your place? No, no, no, no, no, no. No, I live with my mom.
0:40.8	Yeah, you hungry? Hey Ma, could we get some meatloaf?
0:49.9	Live from Joe's mom's basement. It's the stacking Benjamin's here.
0:59.7	I
1:04.6	I'm Joe's mom's neighbor, Doug, and I know that tick-tock and Billy Eilish and inflation or what all the kids are talking about these days, but who's done the hard work at
1:14.1	figuring out how inflation has translated into the cost of
1:18.2	sandwiches?
1:19.8	Here to fill in that huge gap in human understanding with the findings from his annual sandwich survey and maybe the best way ever to look at inflation
1:29.4	It's Len Penzo
1:31.6	Plus we all love Sylvester Stallone, don't we? I mean from Rocky to Rambo and Judge Dread to Rape Tango and Tango and Cash
1:40.8	What's not to love?
1:42.3	But even with all those blockbuster movie earnings that didn't stop Stallone from talking about hitting hard financial times
1:50.3	During our headline segment we'll discuss Stallone's candid thoughts
1:54.8	And finally we'll toss out the Haven Lifeline to Anna who has a question about funding a backdoor Roth IRA
2:02.2	And of course I'll make sure you get some incredible trivia
2:07.0	And now two guys who think a cheese sandwich is borderline child abuse. It's Joe
2:13.5	And oh
2:15.5	Yeah
	...

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