Mistakes Six-Figure Earners Make (plus an intro to Rally)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 9 October 2020
⏱️ 80 minutes
🧾️ 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.
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Transcript
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| 0:00.0 | And now we're pleased to bring you our feature presentation. |
| 0:12.3 | Live from Joe's Mom's Basement, It's the Stacking Benjamin show. |
| 0:30.8 | I'm Joe's mom's neighbor, Doug, and what are some common mistakes people make who have six-figure incomes? |
| 0:39.9 | Don't make six figures? Don't't worry you probably make some of these mistakes yourself to help us out from the afford anything |
| 0:45.4 | podcast please welcome paula pant and say hello to our friend from the earn and invest podcast |
| 0:53.4 | doc g finally he's a regular around here it's Hello to our friend from the Earn and Invest podcast, Doc G. |
| 0:54.9 | Finally, he's a regular around here. |
| 0:57.9 | It's OG. |
| 1:00.0 | Plus, ever dream about owning that signed baseball card or classic sign novel, maybe movie-driven |
| 1:07.1 | sports car or celebrity endorsed clothing? |
| 1:09.7 | Well, today, during our Friday Fintech segment, |
| 1:13.1 | we welcome Rob Petrozo from Rale, a company that securitizes and lists fractional shares |
| 1:19.6 | of cultural collectibles. Don't worry, we'll still magnify a lucky listener's money, and I'll share |
| 1:26.2 | some delightful trivia with you. And now, a guy who's money and I'll share some delightful trivia with you. |
| 1:28.8 | And now, a guy who's sitting on an absolutely worthless pile of collectibles, |
| 1:34.6 | it's Joe Salci hi. |
| 1:41.5 | Someday Beanie babies are coming back. |
| 1:43.9 | I know it. Hey, everybody. Welcome to Friday on Stacky |
| 1:47.3 | Benjamins. I am Joe Sal C. High, Average Joe Money on Twitter and across the card table from me |
| 1:52.6 | on this glorious beginning of the weekend. It's Mr. O.G. Feels like a Monday, but yeah, |
| 1:59.4 | this is definitely Friday. Isn't that sad? When Friday feels like Monday, but yeah, this is definitely Friday. Isn't that sad? |
| 2:01.7 | When Friday feels like Monday, you know, it's definitely time for the weekend. Well, I guess in another way, though. Monday could feel like a Friday, though. You never know. Yeah. I mean, if it feels like Monday and you feel like you're just starting your week, that was a really short week and now it's time to go. Yeah. That's awesome. I have no idea what the hell any of that |
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