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The Stacking Benjamins Show

How to Make Better Decisions Using Math (with Ted Dintersmith) SB1715

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 30 July 2025

⏱️ 83 minutes

🧾️ Download transcript

Summary

High school math left most of us staring blankly at the board, convinced compound interest was just a fancy way to say "confusing." But what if math could be fun, relevant, and—dare we say—life-changing? In this episode of The Stacking Benjamins Show, Joe Saul-Sehy, OG, and Neighbor Doug welcome economist, education reformer, and documentary filmmaker Ted Dintersmith to the basement for a conversation that makes math feel less like a chore and more like a cheat code for life. Dintersmith, best known for his education advocacy and the acclaimed documentary Most Likely to Succeed, joins us fresh off the release of his latest book, Aftermath—a compelling look at how we rethink learning in a world that’s evolving faster than ever. With over a decade visiting 500+ schools and a deep passion for practical math, Ted shares how skills like estimation, probability, and prediction can help you make smarter decisions—especially when it comes to your money. Why Prediction Beats Perfection Ted explains why being roughly right about your spending, investing, and life planning is more powerful than being precisely wrong. Consumer Math is the Real MVP From family budgets to grocery store run-throughs, Dintersmith makes a case for math that actually applies to your everyday decisions—and shows how parents and educators can teach it at home. A Fourth-Grade Science Test Gone Wrong An unforgettable story about how one exam nearly crushed a curious kid’s confidence… and what it says about how we measure learning. The Financial Advisor Dilemma Solved Joe Saul-Sehy and OG unpack the key differences between bank advisors and independents, including fee structures, fiduciary responsibilities, and what really matters when choosing your financial guide. Lights, Camera, Reform Dintersmith shares the powerful stories behind his documentaries—including Most Likely to Succeed and the upcoming Multiple Choice—and why his new book Aftermath is a must-read for anyone who believes education should prepare us for real life. The Psychology of Math Anxiety and Money Mistakes We explore how bad math experiences lead to financial decision paralysis, and how to rebuild confidence one calculation at a time. Neighbor Doug’s Trivia Takes the Stage Whether it connects to math or not, Neighbor Doug delivers his signature trivia moment with flair—and possibly a tangent or two. Math shouldn’t be a barrier to better money decisions. This episode arms you with a fresh mindset for yourself, your kids, and maybe even your school board. If you’re a math teacher, financial coach, or just someone who once cried over fractions, we want to hear from you. Join the conversation in our Facebook group, The Basement, and tell us: How are you making math practical—or how do you wish you’d learned it? FULL SHOW NOTES: https://stackingbenjamins.com/math-that-you-need-in-your-life-1715 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

Click on a timestamp to play from that location

0:00.0

Where's the kaboom?

0:01.9

There was supposed to be an earth-shattering kaboom.

0:10.3

Live from Joe's Mom's Basement Doug, and ever been at a party and had someone tell you their high school math class was lit?

0:32.0

No, not unless your teacher was smoking hot.

0:34.3

We're going to help you change your tune, stackackers, with a, I mean, now we'd

0:39.9

change things a little bit, wouldn't it? We're going to help you change your tune with a guy

0:44.4

who'll teach us what math you needed your life. It's economist Ted Dinter-Smith.

0:50.1

And we'll also answer a question from a stacker who wonders about the differences between independent and bank financial advisors.

0:58.1

Ever wonder what's going on across the desk?

1:00.5

O.G. will share details from the advisor's point of view.

1:04.3

I know. I know. I'm getting to it. Relax.

1:07.8

Of course. I'll share some incredible trivia as well and now two guys

1:13.4

you know that in personal finance compound interest beats compound fractures

1:17.4

every time it's Joe and oh juja jean jean I can't think of much that doesn't be the compound fracture, not just compound interest.

1:31.7

Yeah, it's replaced root canals as the suckiest thing.

1:36.8

The new root canal is a compound fracture.

1:39.8

Hey, everybody, happy Wednesday.

1:41.9

Welcome to the show that helps you control the controllable with your

1:44.5

money and roll your eyes or maybe laugh a little what you can't it's the stack you

1:49.3

Benjamin show super happy you're here and that noise is the man stretching out mr. oh g is uh all limbered

1:57.1

up and ready to roll ready to go Yeah, just kind of roll it out.

2:02.6

Unique New York.

...

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