Mistakes Six-Figure Earners Make (plus an intro to Rally)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 9 October 2020

⏱️ 81 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Most of us are frustrated by our paycheck. Are you a Henry? That's "high earner, not rich yet." Maybe you know a Henry and are confused how someone who makes so much money is constantly broke all the time? While our topic today covers money mistakes made by high-earners, workers of all income-levels will find today's advice relevant to their wallets. Plus, ever dream about owning rare baseball cards, vintage cars, or maybe even a jersey? Halfway through the show we'll dive into the world of investing and collectibles with Rob Petrozzo, co-founder of Rally. While you might not have the cash to buy a classic Aston Martin, you could invest in some shares. During our Magnify Money segment we have a big question that Brian posted in our Basement Facebook group on behalf of his neighbor. Brian's neighbor has had a rough go financially so far, but he's looking to turn things around. With bad credit, a felony, and a foreclosure on the record where should Brian's neighbor start? Plus, we'll make some time's for Doug's weekly trivia game show. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	And now we're pleased to bring you our feature presentation. Live from Joe's mom's basement, it's The Stacking Benjamin Show. I'm Joe's Mom's Neighbor Duggan. What are some common mistakes people make who have six figure incomes?
0:37.0	Don't make six figures? Don't worry. You probably make some of these mistakes yourself.
0:43.0	To help us out from the Afford Anything Podcast,
0:46.0	please welcome Paula Pant.
0:49.0	And say hello to our friend from the Earn and Invest Podcast, Doc G.
0:55.0	Finally, he's a regular around here.
0:58.0	It's O G.
1:00.0	Plus ever dream about owning that signed baseball card or classic sign novel, maybe movie-driven
1:07.2	sports car or celebrity-endors clothing? Well, today, during our Friday FinTech segment we welcome Rob Petrozo from Raleigh a company that securitizes and lists fractional shares of cultural collectibles.
1:21.3	Don't worry we'll still magnify a lucky listener's money and I'll share
1:26.0	some delightful trivia with you. And now, a guy who's sitting on an absolutely worthless pile of collectibles, it's Joe Saul
1:37.0	see hi.
1:38.0	Someday beanie babies are coming back. I know it. Hey everybody welcome to Friday on Stacky
1:47.2	Bedjamins. I am Joe Salcy High Average Joe Money on Twitter and across the card
1:51.5	table from me on this glorious beginning of the weekend.
1:55.9	It's Mr. O.G. feels like a Monday, but yeah, this is definitely Friday.
2:00.4	Isn't that sad? When Friday feels like Monday, you know it's definitely time for the weekend.
2:06.0	Well, I guess in another way.
2:07.0	Monday could feel like a Friday though, you never know.
2:09.0	Yeah, I mean if it feels like Monday and you feel like you're just starting your week that
2:12.5	was a really short week and now it's time to go. Yeah, that's awesome. I have no idea what the
2:17.1	hell any of that talks about. What I do know is we're going to talk to a woman in an
	...

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