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The Stacking Benjamins Show

Lead Like a Drug Dealer (with Michael Brody-Waite) Rewind Episode 123

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 5 July 2021

⏱️ 75 minutes

🧾️ Download transcript

Summary

While the first person to tell you that nothing good happens while you're using drugs will be today's guest Michael Brody-Waite, he WILL insist that the skills he learned in recovery are the same skills we all need for success with life and money. He should know. As a man who's walked the journey from drug addict to CEO and success coach, Michael funnels his darkest experiences into powerful lessons he'll share with you. Today, Michael will teach you how to rebalance your priorities, reclaim your energy, and thrive in both work and life. A new bond has arrived! The Treasury announced a 20-year note to help offset the massive spending lately in Washington. We'll discuss how that works and may impact your wallet in our headlines segment. Also, we'll cover the results of a recent Morningstar study that shows why it is more important than you might thank to have a thorough financial plan and an (emotional) support network in place. It turns out that it's easy to stay the financial course when everything is going right. The problem is when panic starts to set in, not pressing that big, red "sell everything" button. Today we'll throw out the Haven Life line to a caller a not-quite-usual question about loan repayment. Due to COVID-19 reasons, Vanessa was laid off from work. However, she was building up her savings beforehand. Vanessa also receives unemployment and severance pay. She wonders, "Should I use savings to pay off student loans? Or, would it be better to keep making minimum payments and keep her cash buffer?" Of course, Joe and OG have an opinion. One last thing: Happy Twilight Zone Day! Doug has a special treat in store for you in celebration. Enjoy! (This is a rewind episode from the summer of 2020, so there will be references to events and days that aren't current. Please keep this in mind as you listen.) Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Now, your ideas don't have to wait.

0:03.2

Now, they have everything they need to come to life.

0:06.1

Dell Technologies and Intel are creating technology that loves ideas,

0:10.3

loves expanding your business, evolving your passions.

0:13.4

We push what technology can do so great ideas can happen right now.

0:20.4

Find out how to bring your ideas to life at dell.com slash welcome to now.

0:26.2

Normally on a Monday, OG would be here, but you know what?

0:29.2

He is celebrating Independence Day here in the United States.

0:32.8

And if you're in the USA, I want to give you a special shout out.

0:37.3

Happy day off for much of the nation.

0:40.4

By the way, for everybody else around the world, happy Monday, just like every other Monday.

0:44.5

But we especially on behalf of the Stacking Vegetables family and the men and women of the

0:49.6

Navy Federal Credit Union want to give a special shout out to their armed forces,

0:54.7

the men and women who protect us to make days like today exist.

0:59.0

So happy Independence Day everybody from Navy Federal and from Stacking

1:02.7

Vegetements. Let's go Stacks and Vegetements on our rewind week.

1:10.0

Pre-recorded from Joe's mom's basement, welcome to another rewind episode of the Stacking

1:14.5

Vegetement Show. Hey everyone, I'm Griffin the intern or like my mailman has started calling me

1:19.5

the fin turn. You know, it's great to have fin turn written on my mail now.

1:23.5

I can easily tell my real mail from spam and I just avoid anything that has my real name on it.

1:28.2

It's also amazing how with this new hack, I haven't received any bills.

1:32.0

Maybe I should look into that actually.

...

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