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The Stacking Benjamins Show

Our Fad Finance Smackdown (plus a peek at our new Retirement Design Lab)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 21 May 2021

⏱️ 94 minutes

🧾️ Download transcript

Summary

While reading a recent blog post on fad diets, we were shocked to realize that there's a metric ton of horrible fad financial advice out there. Today we're joined by an award-winning cast of financial contributors who share some of their least favorite fads. Regular contributors Len Penzo (LenPenzo.com) and Paula Pant (Afford Anything podcast) are joined today by the host of Smart Money Mamas, the one-and-only Chelsea Brennan! (Yes, longer-time listeners, there really is a live person named "Chelsea Brennan.") Plus, today we're unveiling our OWN new FinTech. It's frustrating to see the gulf in retirement planning capabilities between some of the robust software on the advisory side and the too-dumbed-down software on the consumer side. We've been hoping to help you bridge the gap since we began the podcast, and recently we FINALLY found a partner who'll help us launch our new planning software. Steve Chen is the creator of the Stacking Benjamins Retirement Design Lab, and he'll walk you through how it works today. Even if you're already comfortable with your current tools, we're going to talk about how to use whatever software you're using to ensure that you have the best plan possible. Of course, we'll also feature our weekly trivia challenge between our three contributors. It's an exciting week while Paula and Len see if either of them can Chelsea Brennan Chelsea Brennan! Enjoy! 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.

0:03.3

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

0:06.2

Dell Technologies and Intel are creating technology

0:08.6

that loves ideas, loves expanding your business,

0:12.1

evolving your passions.

0:13.5

We push what technology can do

0:16.1

so great ideas can happen right now.

0:20.5

Find out how to bring your ideas to life at Dell.com slash

0:24.1

Welcome to Now.

0:26.6

Hey, Nick Loper here from the SideHussel Show.

0:28.7

When I'm not helping people earn money

0:30.1

outside of their day job, I'm Stacking Benjamin's.

0:37.9

Live from Joe's Mom's Basement,

0:40.5

it's the Stacking Benjamin Show.

0:52.4

I'm Joe's Mom's neighbor, Dougan.

0:54.2

Give me diets, don't work.

0:56.2

So we'll ask the question,

0:58.0

what are the fat diets in personal finance?

1:01.2

Joining us today from Smart Money Mamas,

1:03.7

it's the woman we refer to as a verb

1:06.3

when she's not here, Chelsea Brennan.

1:08.8

And from the Afford Anything Podcast,

...

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