Stretching Your Money To Buy BIG Dreams (plus an intro to Hippo)

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

🗓️ 29 September 2017

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When is it okay to leverage your financial life to afford that dream item? We'll talk about how the new Houston Rockets owner paid a HUGE premium to afford an NBA team and what that might have to do with YOUR financial picture. Plus, we'll also tackle loneliness and the ties to riches. Are more wealthy people more likely to be lonely? A recent study says that rich people ARE more likely to be lonely. We ask our panel if being wealthy means that y0u're destined to a life that's just surrounded by money and less human interaction. In our Friday FinTech segment, we talk to the founders of the new hot homeowners insurance app Hippo. How do you create better insurance in an area where the margins are already thin? Create better insurance AND economies of scale of by using automation and science. We'll explain in today's episode. Thanks to MagnifyMoney.com and FamZoo.com for sponsoring our show, and thanks also to everyone who's visited Amazon.com using our link! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	DelSugger Monday events, their biggest sale of the year, shop limited time deals on laptops like the stylish innovative XBS 13 engineered to do it all on the Intel Evo platform.
0:11.0	Plus, say big on ultra- sharp monitors and top brand accessories shop now at
0:15.7	Dell.com slash deals to take advantage of huge savings and free shipping again
0:21.2	that's Dell.com slash deals. And now we're pleased to bring you our feature presentation.
0:37.0	Live from Joe's mom's basement, it this weekend we're storing Joe's
1:03.3	neighbor dug in this weekend we're storing Joe's mom's Harley.
1:04.6	Plus, we're bringing you a great episode of the show.
1:08.5	On today's podcast, we'll discuss making big purchases.
1:12.1	When is it time to stretch?
1:14.0	Also, are rich people lonelier?
1:16.6	Joining us from Lendpenzo.com,
1:19.2	Huey Lewis in the news!
1:21.4	Ha ha, I'm just getting it's L Penzo, but Len Penzo can harmonize like the best of them.
1:27.0	And from a Ford anything, Paula Pant.
1:30.0	And the author of Control Your Cash.
1:33.0	It's Greg McFarland.
1:35.0	God, I hate that guy.
1:38.0	On today's halftime FinTech Friday segment,
1:41.0	we'll talk about a revolution in Home Motors insurance with a soft wand and
1:45.8	Rick McCathron from Hippo.
1:49.0	And here he is, the guy who's the ringmaster of this circus,
1:52.8	Joe Saul See-Hi. Yes, I am. Hey everybody, welcome to another Friday on the Stack and Benjamin show.
	...

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