RIP Piggy Bank: You're Wasting Your Time With THESE Money Concepts

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.4 • 2K Ratings

🗓️ 9 August 2024

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The piggy bank is clearly outdated. What kid needs to learn about cash now? It's far more important to know what those plastic things in mom or dad's wallet really are and how to use them responsibly. While contemplating the piggy bank we asked ourselves, "What are some other outdated ideas about money that we're holding?" That topic created this wild ride of a podcast episode where OG, Doc G (Earn & Invest podcast), and Paula Pant (Afford Anything) share and critique each other's ideas of outdated money concepts. You'll hear everything from big ideas to tactical solutions that no longer work on today's show. From the concept of "retirement age" to "don't refinance until you can beat your interest rate by 2%," you'll hear it all. Of course, as we do every Friday, we'll feature our year-long contest between our contributors for the big Dollar Store trophy prize. Paula actually won trivia last week...can she make it two in a row? FULL SHOW NOTES: https://stackingbenjamins.com/outdated-financial-concepts-1557 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	My dad works in B2B marketing. He came by my school for Career Day and said he was a big
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1:20.9	serious. I am serious and don't call me Shirley
1:29.0	Live from the basement of the YouTube headquarters, it's the stacking Benjamin check. I'm Joe's mom's neighbor dug on today's roundtable. We're talking about piggy banks and other outdated financial ideas with a guy who's been around long enough to have witnessed
1:54.4	them all, oh gee!
1:56.9	Also joining us today is the man who's got the prescription for where to invest next.
	...

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