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The Stacking Benjamins Show

Kara Goucher on Abuse, Money, and the Elite Nike Running Team

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 15 March 2023

⏱️ 69 minutes

🧾️ Download transcript

Summary

Olympian and distance running star Kara Goucher joins us to share explosive details involving Alberto Salazar, the disgraced coach of the Elite Nike Running Team. She also shares her history of money and transitioning from running for fun to running for money…and then the triumphant battle back to running for joy. It's a story about greed, power, disturbing abuse, and more (doping, NCAA violations…), and yet it is still an uplifting, empowering story.

In today's headlines, we dig into a piece from the Wall Street Journal that goes over signs that the long-running hot job market may finally be showing signs of cooling off. We'll also review a piece from Indeed.com about best practices to find a job (in case you'd forgotten). What does the cooling job market mean for you and your stack of Benjamins? Doug has some sports apparel-related trivia. And today's Haven Lifeline call discusses the pros and cons of rolling over pre-tax and Roth 401(k) balances from a previous employer to traditional and Roth IRAs while still early in your career. Be sure to listen to today's show!

FULL SHOW NOTES: https://stackingbenjamins.com/kara-goucher-1330

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

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey there, Stackers. I'm Joe Sal C-Hi, co-host of today's show. And I'll explain the microphone

0:07.1

quality here at a minute, but I wanted to jump in before we pressed play on this wonderful

0:13.7

episode, because I have two things for you. First, no profanity in today's show. We bleep out a minor

0:19.9

word, so maybe there's some minor profanity,

0:21.8

but I wouldn't be coming in here at the beginning if we didn't have something incredibly

0:27.5

disturbing at the beginning of today's interview. So I would avoid having young children

0:32.3

listen to our featured interview today with Olympian and elite running star now NBC sports analyst

0:39.1

Kara Goucher. So I would avoid young ears in the room, at least until you hear it. Second,

0:47.6

I also need to pull back the curtain on how we constructed today's episode because if I don't,

0:52.8

we're going to seem pretty tone deaf when you hear that explosive part of today's episode because if I don't, we're going to seem pretty tone-deaf

0:54.3

when you hear that explosive part of today's story. So the topic of running and money interests

1:01.3

me and clearly I saw that Kara had written a book talking about some problems at a Nike's

1:08.2

elite running team. And I thought this would be a great way to meld this greedy

1:13.5

side of money and the topic of money and running, two topics that I love. So I reached out to

1:19.6

co-author Mary Palin, who's been on the show a couple times to see if maybe Kara would come on.

1:24.8

I was super excited when she referred me to Simon and Schuster, their

1:28.8

publisher. But the publisher, because of the explosive part of this interview, which I did not know

1:36.0

was coming, did not allow Kara to be available until Monday. It is now Tuesday night as I'm

1:43.0

recording this. You're listening maybe on Wednesday

1:45.2

morning. It's a very quick turnaround for a show like our. So because of our travel schedules,

1:51.3

I'm now in a hotel room in Indianapolis, getting ready for an appearance as you're listening to

1:56.2

this show on the Bob and Tom syndicated radio show. And OG is out with family and Colorado. So we recorded

...

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