Pack a Lunch: Len Penzo's Annual Cost of a Sandwich Study (SB1556)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 7 August 2024
⏱️ 78 minutes
🧾️ Download transcript
Summary
What's the most fun way to look at inflation? Well, even though it might not be fun to watch your wallet disappear at the grocery store, it is VERY fun to watch trends in food costs over time. Len Penzo began his annual sandwich study to just prove that packing your lunch is cheaper than buying food at a restaurant. He also wanted to show just how much money you could save to either pay down debt or invest. Instead, many years later, Len's sandwich study is always compared to the classic "Big Mac" study, where they track the price of a Big Mac. We prefer Len's study because making a sandwich is healthier, cheaper, and also maybe a little more fun. So today we'll compare the cost of ten sandwiches and see which one is this year's champion...but more importantly, we'll see if your grocery bill has gone up or down from a year ago.
In our headline segment, your home is your castle so it probably holds LOTS of cash value that you may want to tap into during your retirement years. How do financial planners look at home prices that might not rise as quickly in the future as they have in the past? We'll chat about housing, selling your house for retirement, how people navigate selling and "downsizing" in real life, and much more.
Of course, we still take a call from a Stacker on our Better Call Saul....Sehy and OG segment. Plus, we always leave room for a helping of Doug's trivia.
FULL SHOW NOTES: https://stackingbenjamins.com/len-penzo-2024-sandwich-survey-1556
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
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Transcript
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| 0:00.0 | Hey, what you got here that's worth living for. |
| 0:04.0 | True love. |
| 0:08.0 | True love, you heard him? |
| 0:10.0 | You could not ask for a more noble cause than that. |
| 0:12.0 | Sonny, true love is the greatest thing in the world. |
| 0:16.0 | Except for nice MLT, mutton lettuce and tomato sandwich when the mutton is nice and lean and the tomato is ripe. It's so perky. I love that. Live from Joe's Mom's Basement, it's the Stacking Benjamin Show. |
| 0:46.1 | I'm Joe's mom's neighbor, Doug. |
| 0:50.4 | Today we're doing our annual check-in on the cost of a sandwich with one of the direct descendants of the Earl of Sandwich. |
| 0:55.7 | It's Jimmy John. |
| 0:57.4 | Forget it. |
| 0:59.3 | All we could come up with was Len Penzo. |
| 1:05.4 | In our headlines, with housing prices slowing, what does that mean for your financial plan? |
| 1:07.0 | Maybe more than you think. |
| 1:11.9 | Plus, we'll answer a question from one stacker who thought, you know, I'd better call Saul. See hi and OG. And then I'll share some weenie trivia. And now two guys who go together |
| 1:19.6 | like peanut butter and pickles. It's Joe and oh, ja, jia,uggia, jee! Hey, don't knock it till you tried it, Doug. |
| 1:34.3 | Have you tried that? |
| 1:36.3 | The weenie? |
| 1:37.3 | I mean, the pickles and peanut butter? |
| 1:39.3 | Have not. |
| 1:40.3 | No. |
| 1:41.3 | Peanut butter is a banana. |
| 1:42.3 | People do that. |
... |
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