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The Stacking Benjamins Show

Trading Time For Money: Building a Small But Mighty Real Estate Empire (SB1408)

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

🗓️ 13 September 2023

⏱️ 64 minutes

🧾️ Download transcript

Summary

Trading time for money. Most of us do it. In fact, before financial revolutionary Vicki Robbin (find her on past episodes), the practice was even more prevalent. Chad Carson is a real estate investor who believes that if you're building a pile of assets, often less can be more (especially if it's slightly hands-on like real estate). Using his own journey and real-life examples of other people, Chad talks us through the "trading time for money" connundrum, and hopefully helps us that Go Big or Go Home may not be the only approach to living your life.

We even talk trading time for money in our headline today. Amazon and other companies are calling people back to the office. Many are fighting this, wishing to spend their career at home. If that's you, what do you do? Do we work better in the workplace or from home? We debate this (heatedly) on today's episode.

How about someone who wasn't trading time for money? We'll cover that in Doug's trivia segment. Before players were paid, they had to find their own way...and we bring you a question about the Heisman Trophy in honor of football season kicking off.

And, to keep the "trading time for money" trend going...today's anonymous caller traded time for money which included a pension! She wonders if she should take a lump sum or the money monthly...and of course, we have thoughts to help her.

I think we have a theme! Trading time for money may not be the best path toward your goals, and today we hope you begin thinking how to exit that approach to life. Thanks for hanging out with us!

FULL SHOW NOTES: https://www.stackingbenjamins.com/coach-carson-1408

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

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Transcript

Click on a timestamp to play from that location

0:00.0

Spider-pig, spider-pig does whatever a spider-pig does.

0:05.5

Can he swing from a web? No, we can't. He's a pig.

0:10.2

Look out he is a spider-pig.

0:18.1

Live from Joe's Mom's Basement, it's The Stacking Benjamin Show.

0:28.6

I'm Joe's mom's neighbor, Doug, and today you'll learn how to earn your way to an early retirement

0:38.1

through passive rental income with real estate investor and former college football captain,

0:44.1

Chad Coach Carson.

0:46.1

In our headlines, one company is throwing down the gauntlet to remote workers.

0:50.9

Is it time to head back into the office?

0:53.2

Plus, we'll throw out the Haven Lifeline to a lucky stacker who needs help choosing between

0:58.8

several different home loan options, including a possible VA loan for disabled veterans.

1:04.3

And then, of course, I'll regale you all with some award-winning trivia.

1:08.8

And now, two guys who played Division I, Quidditch,

1:12.2

it's Joe and O, J-J-J-J-J-J-G.

1:21.2

I wish, Doug, I knew what the Quiddish positions were

1:23.4

so I could continue to continue that one.

1:26.6

Oh, yeah, I'm an all-Star forward backer or something.

1:29.2

You know what I mean?

1:29.7

I don't even know what it is.

1:45.4

I know about you. Yes, you do. Don't act like you don't know what Quidditch is. We know what Quidditch is. Hey there, everybody. Welcome to O.G. Faking It Till He Makes a Podcast. I'm Joe Saul C. hi, known as the Harry Potter of this podcast.

1:47.5

I've never read or seen a single Harry Potter in my life. I'm looking this up right now. And the guy who is the- I don't think it's

1:51.3

look-upable. I assure you I'm correct. The guy who's the Snape on this podcast is, uh, O-G.

...

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