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The Stacking Benjamins Show

The 4 Secrets to Communicating About Money

The Stacking Benjamins Show

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

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

4.42K Ratings

🗓️ 10 July 2019

⏱️ 76 minutes

🧾️ Download transcript

Summary

Worried about fighting with the people in your life about money? Here's the way to end it. Even if you're just struggling to talk to other people in your life about money...maybe it's not you. People don't talk in one financial language. According to Tarra Jackson, today's guest, there are actually FOUR different languages. We'll sit down with Tarra today to learn just what those four languages are, and how we can best communicate with people speaking in a different tongue. Worried about fighting with the people in your life about money? Here's the way to end it.

In our headlines segment, we'll discuss weddings. Should we have a small wedding and invest the rest to ensure that we retire rich? Is it possible to do both (have a big wedding AND be rich)? We'll cover that plus another headline about employers seeking permission to send uncashed pension checks to the unclaimed proper funds. Should employers have fiduciary liability for former employees who refuse to cash their checks?

Plus, after we take some time for Doug's trivia, we'll answer a question from Russell. Russell wants to know what's the point of being an accredited investor? Why should someone become an accredited investor?

And as we finish up our letters segment, we're tearing open a letter from Jacob, who wants to move out of his parent's basement soon. Jacob and his girlfriend are currently living in the basement rent-free and are getting their finances ready to be on their own. Jacob sent in some info on their situation and want some input from fellow basement-dwellers. Are they going to be ready to move out?

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Transcript

Click on a timestamp to play from that location

0:00.0

My gosh, you boys already know I'm not letting that Ramsey boy come over and play until you clean up your rooms.

0:12.5

Live from Joe's mom's basement, it's the Stacking Benjamin show.

0:30.5

I'm Joe's mom's neighbor, Doug, and how many languages do you speak?

0:32.4

Personally, I know four.

0:38.3

There's English, yeah, Pig Latin, Esperanto, and American Sign Language.

0:44.2

You know, but not the traditional one, the one where you give people thumbs up and the Hey, bro, head nod.

0:46.2

That one.

0:47.1

Joining us today is a woman who says there are four languages of money, Madame Money herself, Tara Jackson.

0:54.4

Plus, in our headline segment,

0:56.3

would you rather have an expensive wedding or wealth?

0:59.7

Or can you have both?

1:01.7

Plus, we'll throw out the Haven Lifeline to a lucky listener

1:04.8

and save time for my amazing trivia.

1:08.8

And now, two guys who are both trying to figure out their money language, it's Joe and

1:15.4

oh, J-J-J-J-J-J-J-J-J-J-J-J-J-J-J.

1:22.1

It's the language of podcasting today.

1:32.7

Welcome to Wednesday, Hump Day, on the internet and elsewhere.

1:38.0

My name's Joe Sal C. Hi, average Joe Money on Twitter, just so you know who's who. I know Doug already made the introduction.

1:45.3

But this other voice across the table from me is my good friend, the other guy, or as we refer to him, OG.

1:47.5

My love language is spending.

1:48.7

Well, that's funny.

1:53.6

I don't know if we talked about this at a time, but that is one of the four love languages.

...

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