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The Stacking Benjamins Show

How to FINALLY Solve Your Overspending Problem (plus MetPro's Angelo Poli answers your health questions)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 12 June 2020

⏱️ 90 minutes

🧾️ Download transcript

Summary

Maybe you've heard of the term "anchoring" when it comes to sales. Most likely you heard it when a fast-talking salesman threw out a couple of high figures for a fancy car just outside of your budget. (But hey! That's okay, we have some more affordable models right over here... and look, you're five dollars under your limit!) But, is it possible to use the power of anchoring to actually help you reach financial goals? In our featured piece today, which is both written AND read on-air by Emily Guy Birken, we'll dive into how you can use the power of anchoring to cut your expenses, save more money, and find financial independence more quickly. Helping us dig into the topic is none other than the co-host of the BiggerPockets Money podcast (and Bigger Pockets CEO), Scott Trench. Of course, we'll also have help from Paula Pant of Afford Anything, and our very own OG. After we're done with our anchoring discussion we'll give our roundtable a little break while Joe rings up Angelo Poli from MetPro. Did being stuck inside for months on end cause you to pack on a Covid-19 pounds? Angelo will share some great strategies to get your lifestyle back on track. We mixed things up on our Magnify Money segment this week so we could give Scott Trench a little fun. With some inspiration from a Reddit Real Estate post, we asked this question to the roundtable: What are your real estate buying/selling horror stories? Of course, we're also carving out some time for Doug's trivia. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

You know in today's world seems like the best treatments reserved only for a few. Well,

0:04.4

Discover wants to change that by making everyone feel special. That's why with your Discover card

0:09.7

you have access to 24-7 live customer service as well as $0 fraud liability, which means you're never

0:16.5

held responsible for unauthorized purchases. Finally, no matter who you are or where you

0:21.6

are in life,

0:22.6

you'll feel special with Discover.

0:24.5

Learn more at Discover.com slash credit card.

0:27.3

Limitations apply.

0:29.2

Hi, I'm Eric Rosenberg from Personal Profitability

0:31.8

and when I'm not busy hustling my tuchess off I am stacking

0:35.3

Benjamin's.

0:36.3

Live from Joe's mom's basement.

0:44.0

It's The Stacking Benjamin Show. I'm Joe's mom's neighbor dug and today is a very special day for me because on this date in history my favorite actor of all time the amazing

1:04.6

Markie Mark Wahlberg was born. I mean we have so much in common but I'll share more

1:10.5

later with you we all know that Markie Mark is well known

1:14.3

for making some extreme pivots in his career.

1:17.4

So today we'll ask the question,

1:19.2

how can we pivot more quickly toward better money decisions.

1:23.6

To help us tackle this topic, let's welcome from the BiggerPockets Money Podcast,

1:28.6

a guy who's made major pivots to get where he is today, Scott Trench.

1:33.4

And from the desert of Las Vegas, from a Ford anything,

1:36.8

it's Paula, Pant.

...

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