Want More Money? Help Someone Else Become Financially Savvy (with John Hope Bryant) SB1561
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 19 August 2024
⏱️ 68 minutes
🧾️ Download transcript
Summary
John Hope Bryant says that even if you're a money geek, soaking up as much knowledge as possible, financial literacy for all (not just you) is YOUR problem. Today the financial activist takes aim at everyone to pitch in and help bring up our entire world by empowering people to become more financially literate. If you've never heard John speak, you may not know that he grew up in Compton (Los Angeles) in a very poor home, and struggled to find financial security. Now, as a frequent media contributor and one of the biggest suppliers of economic and entrepreneurial training in the USA, John spreads the word that even people who "didn't get the memo" about being money savvy can help all of us grow our wealth. He makes that case today on the show (and we don't think you'll want to miss it!). You never leave a John Hope Bryant talk feeling uninspired and ready to perform better with your finances.
In our headline, we dive into the significant stock market tremor a couple of weeks ago. What's happened since? What lessons should we have learned? Should you take your money out of the market? Invest more? How should you handle it? We've spoken a lot lately about how to invest wisely, but with this case study right in front of us, you'll see precisely why we've been driving home the point of economic security so much lately.
Of course, we also leave time for Doug's trivia and much more!
FULL SHOW NOTES: https://stackingbenjamins.com/financial-literacy-for-all-john-hope-bryant-1561
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
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| 0:00.0 | It's 104 degrees. |
| 0:01.3 | Even in the basement's 104 degrees, which is why I'm dreaming about M22. |
| 0:06.3 | I got my, I've got my Leland Peninsula mug out going, please take me someplace where it's only 83 degrees. |
| 0:15.1 | You're far enough away. |
| 0:16.5 | You're far enough away that I can't make fun of you for that mug. |
| 0:19.6 | Oh, here comes the peacock feathers. No, I'm saying I can't make fun of you for the mug because like that's legit. You're in Texas. You're just too cool for the mug. In Michigan, you better not sport any M22 crap. He looks down his nose at anybody that has anything resembling love for his community. That's too far away. What about the bumper sticker that says M22? Also an issue. Like the little window sticker? Yeah, big problem. Not approved. I even have the T-shirt. I should get when this is M-55. I have the T-shirt as well. Is the T-shirt bad? If you're 1,300 miles away, I'll allow it. The judges will allow it. |
| 0:55.2 | What if you're tracking around Houghton Lake one summer and you've got a big shirt that says intersection of I-75 and M-55? |
| 1:04.0 | Right. |
| 1:04.6 | How's that? |
| 1:05.2 | I think you're looking for a job. |
| 1:09.1 | Or OG, what if it says I-75 exit 69 Big Beaver? |
| 1:15.7 | Oh, there's that. |
| 1:16.7 | Well, yeah, I mean, I mean, that's a that's a no-brainer. |
| 1:19.8 | That is- We should actually make T-shirts for that exit. |
| 1:22.9 | I think people would buy Big Beaver. |
| 1:24.7 | It just needs to be the green road sign. Exit 69 Big Beaver Road. |
| 1:29.1 | That's all you need. You don't need the I-75 part. That's all it is. Right. Everybody's like, what the hell's going on? I don't know what's going on. You know what's going on? It's 104 degrees here in Texarkana, and I'm delirious. That's what's going on. Heat stroke. |
| 1:41.8 | I think so. |
| 1:42.9 | Time to raise our mugs with hot coffee because you know what I need in a hot day? More hot coffee. No, that's exactly what you do because it makes you sweat and perspire. And then so that is, that's an old Incan trick. As techian maybe. That's where I got it. I am headed to Peru, so we'll, we'll prove that. |
| 2:02.7 | On behalf of the men and women at Navy Federal Credit Union and the men and women making |
| 2:06.2 | podcast and mom's basement, a big Monday salute to our troops. Thank you so much for all you did |
| 2:12.4 | for us this weekend and continue to do for us. So I'll go stack some Benjamins together now. |
... |
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