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The Stacking Benjamins Show

Pulling Your Life (and Money) Together When Everything Goes Wrong

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

🗓️ 5 May 2021

⏱️ 70 minutes

🧾️ Download transcript

Summary

Ever wish you had a second chance with your money? Billy B. hoped he'd get one. After being convicted and sent to prison after the death of his friend, Billy went through some serious soul searching, and the end result of that is on display on today's show. Not taking any opportunity for granted, working hard to find solid financial (and life) footing, and the value of surrounding yourself with good friends and mentors are just three of many themes we'll talk about in this fantastic discussion with Billy (who now also blogs at WealthWellDone.com). We originally aired this show in 2018, but the lessons Billy learned are truly timeless. Read the rest of the original show notes below: In our headlines segment, a new software program means that some of your advisors may be expendable….or maybe not. We’ll discuss the hot topic of humans versus AI on today’s show. Plus, Warren Buffet just wrote his annual letter to investors. What are some of the takeaways? One publication listed their favorites and we’ll review and discuss them. As always, Mr. Buffet doesn’t fail to use the English language as a weapon while talking about investing, value, and evaluating risk. We’ll of course have more from the world of financial planning, throw out the Haven Life line to lucky listener Luke, who wonders about investing to beat inflation without taking too much risk. For a five year goal, what investment works best? Are stocks too risky? Should he use junk bonds? We’ll shine a light on that topic (and maybe one we can’t talk about here), as well. We also answer a letter from Jon, who asks about asset allocation. What is a great way to manage your money and diversify correctly? You’ll have to listen to find out! Of course, we’ll still score with some of Doug’s delightful trivia, and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Pre-recorded from Joe's mom's basement, welcome to a Wednesday Rewind episode of the Stacking Benjamin Show.

0:05.8

Hey everyone, I'm Griffin the Intern, or like the Fintern Facebook Fan Society likes to call me the Fintern.

0:12.0

Apparently the people upstairs didn't like my rash, I'm using air quotes here, people, decision-making with Monday's show.

0:18.4

If you're not paying attention, my performance reviews this week,

0:20.8

and I'm trying to net a decent score. Maybe if this week goes well, I may score the triennial

0:25.5

bonus they always talk about. I've been working towards this for three years. Okay, time to bring

0:30.3

the noise. Three, two, one. Stackers, what if you lost your home or even your freedom? Could

0:36.5

that happen to you? What would you do if everything went wrong?

0:39.3

Today we're going to replay a show from 2018 featuring popular blogger Billy B, titled Pulling Your Life and Money,

0:46.3

Together When Everything Goes Wrong.

0:49.3

After being sent to prison, Billy needed a second chance to pull his life together and turn things around. It's a packed interview and Billy shares his story about the ups, the downs, his work rebuilding a support network,

1:00.0

and his struggle to regain a financial footing.

1:03.0

Of course, in true stacking Benjamin's fashion, you'll also hear headlines, a listener question, Doug, and more.

1:09.0

Don't forget, this episode originally aired in 2018.

1:13.0

So if we mention any current events, tax laws, or rules, things have changed.

1:17.9

Finn Turn out.

1:21.9

Hey, this is Joe Crane, host of Veteran on the Move podcast.

1:25.2

And when I'm not helping veterans transition on entrepreneurship, I'm stacking

1:28.9

Benjamins.

1:35.1

Live from Joe's mom's basement,

1:37.8

it's the Stacking Benjamin show.

1:40.1

Yeah. I'm Joe's mom's neighbor, Doug, and have you ever had things not go right in your life and had to rebound?

...

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