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The Stacking Benjamins Show

The Stuff You Should Stop Buying (and Why Your Wallet Will Thank You) SB1707

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

🗓️ 11 July 2025

⏱️ 59 minutes

🧾️ Download transcript

Summary

Is your house full of stuff you thought you needed… but haven’t touched since the Obama administration? In this game show-style episode, we're helping you clean house and bulk up your bank account at the same time.

Joining Joe in the basement are Paula Pant from Afford Anything, OG, and the man, the myth, the TikTok-famous legend’s grandpa’s best friend: Len Penzo (or as Doug calls him, “America’s Most Unexpected Influencer”). Together, they go head-to-head in a raucous showdown, each offering hot takes on everyday items you should stop buying if you want to save money and ditch the clutter.

We dig into:

  • Why some exercise equipment becomes expensive coat racks

  • The hidden costs of seasonal decorations

  • Periodicals, subscriptions, and other budget vampires

  • And a few “who knew?” items that quietly drain your cash

You'll also get a dose of trivia, debates about Google's "search decay," and a few personal stories that might sound a little too familiar.

Whether you’re decluttering your budget or just here for the basement chaos, this episode is full of laughs, lightbulb moments, and ideas to help streamline your spending.

FULL SHOW NOTES: https://stackingbenjamins.com/decluttering-your-financial-life-greatest-hits-1707

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201

Enjoy!

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Friday of our Greatest Hits Week.

0:07.8

I'm Joe Saul-Chi, and let's talk about why I chose today's episode and give you the

0:14.9

rundown on what to look out for from an episode that we played previously. If you're brand new to the show on

0:22.7

Greatest Hits Weeks, I always like to begin them with a little why and what to listen for.

0:30.1

And on Fridays, we normally here have a roundtable discussion between frequent contributors

0:36.6

or people who are prominent in either the

0:39.7

blogging space in the personal finance community or the podcasting space. And this is a roundtable

0:48.4

with three of our frequent contributors, Paula Pant, Len Penzo, and OG. And on this episode, you know, I opened up this

0:58.6

week talking about clutter and about how sometimes it makes these episodes for me. Because right now,

1:05.2

just getting back from vacation and I think about not just the clutter around me, but the

1:09.3

clutter in my mind, clutter all over the place.

1:12.3

I really am in cleanup mode.

1:14.6

So I'm super excited to replay this because I think for all of us, we're in the same spot.

1:22.3

Now, we often have this construct on Fridays called a game show, And we take a piece from the financial press,

1:31.7

and it's generally one of these crazy lists. Sometimes they're good. Usually they're pretty bad lists.

1:38.1

But what I love is that we ask our contestants, our contributors to the Friday episode, to bring their own list to the table.

1:47.4

And often the things that our contributors come up with are far, far, far better than what's in the list.

1:53.3

And we get a fantastic discussion.

1:55.1

And this is no difference at all.

1:58.7

So things to stop buying to reduce clutter and to save money. It's a fun

2:05.3

roundtable. We have a lively discussion and I think it's a great way to end our greatest hits week.

2:12.0

We also, at the beginning of next month, are raising the price on our guides, our tax guide and our HR guide.

...

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