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The Stacking Benjamins Show

How Polluted Is Your Financial Plan?

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

🗓️ 29 September 2023

⏱️ 55 minutes

🧾️ Download transcript

Summary

How is your thinking plan looking? Is it all clear skies and amber waves of grain? Or is it a pollution-riddled smog alert experienced during rush hour in LA - if it were next to an erupting Mt. Saint Helens? Joining our roundtable is Elaine King, a Peruvian-born CFP® who practices financial planning in Miami. She joins our regular contributors - Paula Pant who is currently located in Manhattan, New York, and Len Penzo who is still somewhere in a bunker below the Los Angeles pollution.

They'll debate what ways we can use to combat the pollution that obstructs the view of our financial future. We'll talk about how we have to be aware of both internal and external sources of financial pollution and how we can combat all pollutant threats - how our mindset impacts our view of finances as well as how external factors do. In addition to cutting/controlling expenses, we dive into how earning more money - and the mindset shift that needs to happen within you - is an important factor in cleaning up what pollution is mucking up your financial outlook. What time pollution sources are impacting your life that, if better handled, could clear up a lot of the smog that blocks your financial future?

In the second half of our discussion, we'll talk about how integrating the right risk-management strategy is one big, often undervalued, way to clean up the pollution that obscures your financial view. We'll talk about what insurances are essential, and what probably aren't worth it. Also, what investments and investment strategies could be adding to the pollution that contaminates your financial view? What about our tax planning strategies? What screams pollution louder than taxes?

Stick around for Doug's trivia relationship-based trivia when we discuss one big way to pollute the air in your happy union. Will Elaine do OG solid and pull out the W? Will Paula continue her miracle run? Will Len bore us amaze us put his happy marriage with the honeybee in danger with his dominance of dating app knowledge? Be sure to tune in to find out!

FULL SHOW NOTES: https://www.stackingbenjamins.com/friday-roundtable-financial-pollution-with-elaine-king-1415

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201

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Transcript

Click on a timestamp to play from that location

0:00.0

30 seconds to hair.

0:02.0

What do you think about flowers? The Sona's tape. Where's the tape? Where's that? Where's a tape? Do you want to have the promo for a show now? Wait, where's the Fiji water? Is this, this isn't, is this tap water? 15 seconds. Can somebody get the cat? I can't drink the cat. Can someone tell Joe's mom to stop vacuum?

0:21.6

It's not hard to find.

0:22.4

Does anybody see my hair gel?

0:24.6

T's in water.

0:25.9

Natural.

0:27.6

Quiet on the set.

0:28.9

Live in three, two.

0:37.0

Live from Joe's Mom's Basement, it's the Stacking Benjamin show.

0:42.3

I'm Joe's Mom's Neighbor, Doug, and today you'll learn how to achieve well-being by empowering your family's financial and human capital with founder of family and money matters, Elaine King.

1:03.0

Joining us for the discussion is someone who's become part of our family, it's Paula Bant.

1:08.1

And finally, the guy who's also a part of the family, but more like the weird uncle who

1:13.1

yearly cracks that pull my finger joke, it's Len Penzo.

1:17.2

But that's not all halfway through the show.

1:19.7

I'll share my fiery trivia question.

1:22.1

And now, the father of stacking Benjamin's, our very own Homer Simpson.

1:30.6

It's Joe Salci-Hi.

1:37.6

I don't think, Doug, I don't think, Doug, have I ever gone, oh, here's what you do, do.

1:38.7

Donuts.

1:40.4

Mm-hmm.

1:41.3

Donuts.

1:43.5

Donuts.

...

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