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The Stacking Benjamins Show

How Come High Earners Struggle To Get Rich? (SB1528)

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 7 June 2024

⏱️ 66 minutes

🧾️ Download transcript

Summary

Why aren't all big-money ballers able to pile up massive stacks of Benjamins? How come some average Joe earners can build significant wealth? On today's special roundtable episode, we dive into a blog post listing the top six reasons people who make big money can't save. One of the Top 100-rated financial planners by Investopedia in 2023, Elaine King, joined us. She's not alone, though. We also feature the creator of the award-winning blog Afford Anything, Paula Pant, and our own resident CFP, OG. In the second half of the conversation, sponsored by DepositAccounts.com, we'll explore the actual benefits of relocating to save money. Stick around for our year-long trivia competition inspired by our special guest, Elaine King's, home country of Peru. FULL SHOW NOTES: https://stackingbenjamins.com/top-six-reasons-youre-not-rich-1528 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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Three months from now, I will be worth $50,000, independent for life. on the YouTube machine, it's the Stacking Benjamin show. I'm Joe's mom's neighbor Doug. What are the top six reasons that high-earning people don't get rich?

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