What's In Your Financial "Go Bag"? SB1650

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

🗓️ 28 February 2025

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If disaster struck tomorrow, would your financial essentials be ready to grab and go? Today, Joe—along with contributors Paula Pant from Afford Anything, Jesse Cramer from Personal Finance for Long-Term Investors, and our resident expert OG—assemble the ultimate financial go bag. Meanwhile, Doug handles his usual duties as announcer, trivia master, and general chaos instigator.

The must-have documents – Passports, Social Security cards, insurance policies... what belongs in your bag, and what can stay in the filing cabinet?
Cash vs. digital access – How much should you keep in physical cash? And is gold really a smart emergency asset, or just a really heavy way to slow yourself down?
Estate planning and emergency preparedness – The financial moves today that can make a crisis less stressful later.
Password managers: genius or a liability? – We debate whether your digital keys should be stored in the cloud, on paper, or tattooed in invisible ink.
Trivia showdown: Doug tests the team’s knowledge with a question that (probably) has nothing to do with financial preparedness.
Campus co-op stores and Harvard history—why are we talking about this? You’ll find out.

If you’ve been meaning to get your financial house in order for emergencies, this episode has everything you need to build your own financial go bag—without overpacking.

FULL SHOW NOTES: https://stackingbenjamins.com/your-financial-go-bag-1650

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

Enjoy!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Ignition sequence start.
0:03.0	Six, five, four, three, two, one, zero.
0:09.9	All engine running.
0:12.0	Lift-off.
0:17.1	Live from the basement of the YouTube headquarters, it's the Stacking Benjamin Show.
0:28.3	I'm Joe's mom's neighbor Doug in between forest fires and hurricanes and Joe's mom nagging about taking
0:39.6	the garbage out, it feels like there's an emergency every minute. So here's the question.
0:45.3	What should be in your financial go bag? We'll ask our roundtable on today's show.
0:51.9	But wait, there's more. At the halfway point, we'll all revel in the brilliance of my trivia question for this
0:59.3	week's edition of our year-long trivia competition.
1:02.8	And now, a guy who loves long walks on the beach and low interest rates on his mortgage,
1:08.7	it's Joe SalsC-Hyai.
1:13.8	Who doesn't love both of those things?
1:16.4	Hey, everybody.
1:17.3	Welcome back to The Stacky and Benjamin Show.
1:19.7	I am Joe Saul-C-Hy-hi.
1:21.1	Thanks a ton, Doug.
1:22.5	We've got a brilliant team ready to talk about this brilliant topic today. You know why I know it's brilliant, O.G.? You all know why it's brilliant? I just, I don't even know what topic it is, so I'm sure it's great. Of course you know. I've done my homework. I don't know what it is. I'm doing it right now as we speak. It is brilliant because a brilliant person picked it. That's why. Financial go bag today. Speaking of brilliant, Paula Pant from Afford Anything is here. How are you? Ah, well, thank you, Joe. I'm doing great, and I love the topic. I once literally did have a go bag. I never needed to use it, but it's nice to know you've got, you got a little thing.
2:01.1	Well, and I'm glad you brought that up that you didn't have to use it because I don't know anybody sitting around. People would always say this when we'd talk about long-term care insurance. So, gee, you probably had this before too, or disability coverage. They're like, so how much is long-term care insurance? And of course, you tell them what the basic premiums kind of run.
2:18.4	And they go, but what if I never use it?
2:21.2	I'm like, wait a minute. Are you sitting around? Man, I hope I get to go into a nursing home someday. Like, you know what would be awesome? If I have a catastrophic illness, this would be great. So thank goodness you didn't have to use your financial go bag because that means bad things happen in Paul Pan's life.
2:35.8	Right. Yeah. That's the thing about any type of insurance is insurance is the thing that you buy that you hope you never have to use, right?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.