The Worst Money Advice Ever (Episode 1800!)

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 6 February 2026

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Eighteen hundred episodes calls for something special, and what better way to celebrate than by dragging the absolute worst money advice into the light and laughing at it together? Special guest and CFP Sarah Catherine Guiterrez from Aptus Financial joins Joe Saul-Sehy, Neighbor Doug, Paula Pant (Afford Anything), and Jesse Cramer (Personal Finance for Long Term Investors) for a rapid-fire, no mercy takedown of the most damaging financial clichés ever passed down at family dinners, car dealerships, and internet comment sections. This episode is equal parts group therapy, myth-busting, and friendly argument. Exactly the kind of chaos that's kept the Stacking Benjamins basement standing for 1,800 shows. What You'll Hear in This Milestone Episode: • The most cringeworthy financial advice the panel has ever heard and why it sticks around • Why phrases like "just let the bank take it" quietly wreck long-term wealth • How YOLO thinking sneaks into financial decisions disguised as confidence • The difference between common advice and useful advice • Sarah Catherine's planner level perspective on why bad advice feels comforting • Paula and Jesse sparring over long term thinking versus short term emotion • OG bringing strategy, clarity, and the occasional eye roll • Neighbor Doug doing what he does best: poking holes, cracking jokes, and keeping everyone honest • Why car buying advice is one of the most misunderstood areas in personal finance • How trivia, travel, and history collide in a surprisingly competitive game segment • What Singapore's founding teaches us about perspective, patience, and getting the facts right • Why smart money decisions usually sound boring but work anyway This Episode Is For You If: • You've ever heard money advice and thought, "Wait, people actually believe that?" • You're tired of conflicting financial wisdom and want validation that some of it IS terrible • You've been burned by advice that sounded good but cost you money • You want to hear smart people argue about what actually works versus what just sounds good • You've been with us since episode 1, or just wandered into the basement and want to celebrate This episode is a love letter to Stackers who question conventional wisdom and trust their gut when advice doesn't add up. It's loud, opinionated, funny, and packed with reminders that the best financial moves often start by ignoring the advice everyone else is shouting. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Indeed.
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0:21.9	at Indeed.com slash SPANUK.
0:26.1	Terms and conditions apply.
0:28.3	Ladies and gentlemen, we have a big show, a real big shoe.
0:34.7	Live from the basement of the YouTube headquarters, it's the 1800th episode of The Stacking Benjamin Show.
0:47.3	I'm Joe's mom's neighbor, Doug, and you heard that right.
0:54.8	We've done this 1,799 times already, and yet somehow they have not kicked us off any of the major platforms, which, you know, honestly is kind of disappointing.
1:05.1	What else is disappointing when someone gives you terrible money advice?
1:09.9	What's the worst advice we've heard over the time
1:12.5	it took us to make 1,800 of these? Our team of top podcasters, researchers, and planners
1:18.5	will weigh in. And of course, halfway through today's show, we'll pause to see which of our
1:24.2	contributors can win this installment of our year-long trivia challenge.
1:29.5	And now, a guy who thrives on helping you avoid bad money advice, it's Joe Saul
1:36.6	See-high.
1:40.5	Hey there, Stackers, and happy Friday to you. I am Joe Saul C-Hi, and can you believe that?
1:47.0	This is episode 1800, Doug. And my, how has the time gone? Because it feels like, like hanging out with you, it only feels like we've done like 7007,7,000, 990.
2:00.5	Seven bagillion. I have, I have that effect on people. I definitely, I wear people thin. I understand. It is well, because it does seem like we haven't been doing that that long, and then you hear that this is 1800. So congratulations, nice work. Congratulations to you. Well, thank you. And for episode 1800, we beat O.G to the curb.
	...

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