Stumbling Your Way Toward Your Financial Goals (with Carl Richards)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 17 July 2019
⏱️ 64 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?
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Transcript
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| 0:00.0 | Ladies and gentlemen, we have a big show, a real big shoe. |
| 0:10.3 | Live from Joe's Mom's Basement, it's the Stacking Benjamin Show. |
| 0:14.8 | I'm Joe's mom's neighbor, Doug, and today Joe's mom is ecstatic because we welcome back one of her favorite people. |
| 0:31.3 | Other than me, it's New York Times columnist Carl Richards. |
| 0:35.4 | Plus, in headlines, what does Susie Orman have to do with cannabis? |
| 0:39.8 | Dude, we'll lay out |
| 0:41.5 | the heavy details on you, yo. |
| 0:44.0 | Plus, we'll throw out |
| 0:45.3 | the Haven Lifeline to a lucky listener, |
| 0:47.2 | and I'll dazzle both of you |
| 0:49.4 | with my incredible trivia. |
| 0:52.2 | And now, two guys |
| 0:53.8 | who are buckled up and ready to rock their Wednesday, it's Joe |
| 0:58.2 | and OJJJJJG. |
| 1:07.2 | We are ready to rock because it's Wednesday. |
| 1:10.7 | And unlike Monday where I thought it was Wednesday, it actually is Wednesday, OG. We are halfway done with this week. Wait, this today, Friday. What's that? Well, Monday was Wednesday, then Wednesday's Friday? Well, unfortunately, Monday wasn't Wednesday. Wednesday's a new Friday. Spoiler. Wednesday, not be Friday. How about in the summertime Wednesdays, |
| 1:29.4 | our Fridays from now on? I am down with that. Let's pass some legislation. Let's get that thing |
| 1:35.5 | taken care of. It's fantastic. Okay. If I can get paid for five, but work three, I'm in. That's what |
| 1:41.7 | you normally do. Oh, yeah, that's right. Welcome to the Stacky Benjamin show. |
| 1:46.0 | I am Joe Salli. |
| 1:47.0 | I average Joe money on Twitter to so you know which voice is which. |
| 1:49.8 | And across the card table from me today, as he is every Monday, Wednesday, Friday. |
... |
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