Is Buying Insurance For Phones or Trips Worth The Cost? (plus an intro to Pluto)

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

🗓️ 1 December 2017

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We wonder out loud....is buying that insurance that comes with your new phone worth it? Is the insurance for your next vacation worth it? How about insurance on a concert or your rental car? We'll ask that question and answer it on today's show! But that's not all. We'll also talk about delays to the new fiduciary rule. What does the delay of this rule mean to your wallet? Better yet...did you know that there WAS a new fiduciary rule? We'll explain. We'll also talk to Tim Yu from Pluto about gamifying you financial goals. What if there were an app out there that would analyze your spending patterns and savings goals, and then recommend challenges to help you save more and spend less? What if we told you this app already existed? We'll talk to Tim about how the Pluto app works and how to turn your goals into actionable solutions you're saving for, without hardly thinking about it. Besides that, we'll answer some questions from listeners, one via voicemail from Michelle from Oklahoma, whose daughters need to save some money. How does she help make that a reality? Our team will weigh in. Plus we'll answer another question AND we'll also bring Doug's trivia down to the basement and serve it up.... Thanks to MagnifyMoney.com for supporting Stacking Benjamins. Thanks to Casper for supporting our channel. Save $50 on a mattress at http://www.casper.com/stacking code stacking. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Take a deep breath, relax, inhale through your nose and exhale through your mouth.
0:12.0	Sit back and close your eyes. Gradually release the tension, starting from your toes,
0:20.3	working up your legs to your pelvis and from your fingertips slowly up your
0:28.0	arms to your shoulders. The stacking Benjamin's, no matter how bad it gets, is your favorite podcast.
0:40.0	I will count backwards from three, and when I snap my fingers you will be overcome with delight
0:48.4	at hearing the start of this episode.
0:51.4	3. 2. this episode. Three, two, one.
0:57.0	Live from the place where the ice cream's cold and the furnace is hot,
1:06.3	hits the Stacking Benjamin show. Hey there money fans. I'm Joe's Mom's neighbor dug and we've got a crazy good show for you today.
1:22.0	We'll tackle fiduciary rules being
1:24.4	rolled out more slowly than originally thought. Does that change your retirement
1:28.1	planning? We'll also talk insurance. If you rent a car, schedule a trip, or buy the new $1,000 iPhone, should you also spring for the insurance?
1:37.0	Plus we'll take a call from a lucky listener and actually open some mail from the mailbag.
1:42.0	Here to help us on today's show from your
1:44.4	richest life planning certified financial planner Katie Brewer. From
1:49.0	Len Penzo.com it's Kate Upton. I'm kidding.
1:54.0	She's busy getting married and honeymoon and all that sort of thing.
1:57.0	So instead we pulled in Len Penzo.
2:00.0	And rounding out our team from afford anything, Paula Pant.
2:03.3	Plus, we'll introduce you to Pluto Money
2:05.8	with Tim You.
2:07.2	And here he is, the guy whose mom wonders
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.