Stretching Your Money To Buy BIG Dreams (plus an intro to Hippo)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 29 September 2017
⏱️ 65 minutes
🧾️ 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!
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Transcript
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| 0:00.0 | And now we're pleased to bring you our feature presentation. Live from Joe's Bob's Basement, it It's the stacking Benjamin show. |
| 0:30.2 | Happy Friday, everyone. |
| 0:32.1 | I'm Joe's Mom's Neighbor Duggan. |
| 0:33.8 | This weekend, we're storing Joe's Moms Harley. |
| 0:37.3 | Plus, we're bringing you a great episode of the show. |
| 0:41.0 | On today's podcast, we'll discuss making big purchases. |
| 0:44.6 | When is it time to stretch? |
| 0:46.4 | Also, are rich people lonelier? |
| 0:49.0 | Joining us from lendpenzo.com, Huey Lewis and the News. |
| 0:54.0 | I'm just kidding it's Len Penzo, but Len Penzo cancom. Huey Lewis and the news. Ha ha, ha, I'm just getting it's Len Penzo. |
| 0:56.9 | But Len Penzo can harmonize like the best of them. |
| 0:59.9 | And from afford anything, Paula Pant. |
| 1:03.3 | And the author of Control Your Cash, |
| 1:05.8 | it's Greg McFarlane. |
| 1:08.4 | God, I hate that guy. |
| 1:10.5 | On today's halftime Fintech Friday segment, |
| 1:13.5 | we'll talk about a revolution in Homeowners Insurance |
| 1:16.0 | with Asaf Wand and Rick McCathrin from Hippo. |
| 1:21.3 | And here he is, the guy who's the ringmaster of this circus, |
| 1:25.4 | Joe Salciihai. |
| 1:35.5 | Yes, I am. Hey, everybody, welcome to another Friday on the Stackin' Benjamin show. I am. |
| 1:41.7 | As Doug said, Joe Saul, see high, average your money on Twitter. And you know what? A lot of people say that if you have a thimble full of inspiration and sacks of money, you can make that into a ton of money. And I actually think it's even the opposite. I think if you have a thimble full of money and lots of inspiration, that can go equally as far. |
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