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The Stacking Benjamins Show

Stumbling Your Way Toward Your Financial Goals (with Carl Richards)

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

🗓️ 17 July 2019

⏱️ 65 minutes

🧾️ Download transcript

Summary

What if life weren't so complicated? What if you could stop worrying about lower expense ratios, cheaper insurances, bigger spreadsheets, or trying to perfectly plan out your retirement account so things are perfect decades down the road? On today's show, the guy who is better at taking financial decisions and distilling them to their essence joins us. Today we welcome New York Times columnist Carl Richards, an expert in distilling complicated issues into bite-sized pieces. Plus, in our headlines segment, we'll cover one piece about Suze Orman and her love of cannabis stocks and blockchain. Copying celebrity stock picks aren't always a good idea, and we'll discuss why. In our second headline, we'll turn our attention to one problem in the investing and savings world: women whose spouses are in control of the finances. A recent study shows that lots of women delegate investing to their spouse. We'll discuss why this might not be a good idea. Later on, after we take a break for some of Doug's trivia, we'll take a Haven Life Line from Tyson, whose current 401k with his employer has fees higher than he would like. What can he do to save on fees. And as we finish out letters bag, Leo writes in asking about 529 plans. With FAFSA including 529 plans in the financial eligibility of students, would it be a good idea to NOT contribute to the plan? Thanks to Skillshare for supporting Stacking Benjamins. Get TWO months of courses for free at Skillshare.com/SB. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You know in today's world seems like the best treatments reserved only for a few. Well,

0:04.4

Discover wants to change that by making everyone feel special. That's why with your Discover card

0:09.7

you have access to 24-7 live customer service as well as $0 fraud liability, which means you're never

0:16.5

held responsible for unauthorized purchases. Finally, no matter who you are or where you

0:21.6

are in life,

0:22.6

you'll feel special with Discover.

0:24.5

Learn more at Discover.com slash credit card.

0:27.3

Limitations apply.

0:29.5

Ladies and gentlemen, we have a big show show a real big shoe

0:39.3

Live from Joe's mom's basementement. It's the Stacking Benjamin show.

0:44.0

I'm Joe's Mom's Day. I'm Joe's Mom's neighbor dog and today Joe's mom is ecstatic because we welcome

0:58.2

back one of her favorite people other than me it's New York Times columnist Carl Richards.

1:04.0

Plus, in headlines, what does Susie Orman have to do with cannabis?

1:09.0

Dude, we'll lay out the heavy details on you, yo.

1:13.0

Plus, we'll throw out the Haven Lifeline

1:15.2

to a lucky listener, and I'll dazzle both of you

1:18.6

with my incredible trivia.

1:21.2

And now, two guys who are buckled up and ready to rock their Wednesday, it's Joe and

1:28.1

OJJJJJJJG. G.

1:39.0

We are ready to rock because it's Wednesday and unlike Monday where I thought it was Wednesday. And unlike Monday where I thought it was Wednesday,

1:42.0

it actually is Wednesday, OG. we are halfway done with this week.

1:45.0

Wait this is today Friday? What's that? Well Monday was Wednesday then Wednesday's Friday?

...

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