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The Stacking Benjamins Show

Lessons on Adulting: Launching Your Money-Savvy Family (with Bobbi Rebell)

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

🗓️ 21 March 2022

⏱️ 72 minutes

🧾️ Download transcript

Summary

Think of a money mistake you made early in your adult life. It might have been getting into trouble with credit cards or not saving into -- or even knowing about! -- your company's 401k plan, or maybe you didn't know how to budget. If you could go back in time, what advice would you give yourself to avoid those sticky situations? Our guest today is passionate about helping the next generation become better with their money. From learning about taxes and investing to setting a budget, Bobbi Rebell has been through it all with her kids. She shares the money lessons she taught her kids to avoid making the same mistakes she once made. She shares how you can help others, too. Even if you don't have kids, these tips can apply to anyone. During our headline segment, we dive into Roth IRAs. The stock market decline to start this year has had many people wondering if they should take advantage of a Roth conversion. We discuss the tactics of this strategy and give you things to think about if you are considering it. We'll also answer Mattie's question about sinking funds, and to top it all off, Doug will share his trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Got a great message today from my friend Maggie who has been in our stacker community

0:07.6

OG for a long time.

0:08.6

She actually was our MC at our Fort Lauderdale event and she was talking about something

0:13.4

that we consistently do, but a lot of people do, which is we talk about the Ukraine versus

0:21.7

Ukraine.

0:22.7

And Taylor, who used to work with us before he had a strap-in baby boy and his world

0:29.2

got very, very complicated in a hurry when you have a baby, your world gets very complicated.

0:35.6

But his family's from Ukraine and he would rant, it's not the Ukraine, it is Ukraine.

0:45.7

I don't really get it.

0:46.7

I'm from the Texas.

0:48.3

You guys are from the Michigan.

0:49.5

I'm from the Texarkana.

0:50.8

The Texarkana.

0:51.8

Yeah.

0:52.8

I'm kind of glad to hear that though, Joe, because no joking.

0:57.1

I just was thinking about that the other day, like, why do we call it the Ukraine?

1:00.8

Was it a region at one time before it had borders?

1:03.6

Was it like the Dardenells?

1:06.0

So I guess it's not a thing.

1:07.3

We've just been doing it wrong all this time.

1:09.2

I don't know.

1:10.2

I don't know, but I do know this.

...

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