When Emotions Threaten To Wreck Your Decisions

The Stacking Benjamins Show

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

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

4.4 • 2K Ratings

🗓️ 15 July 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How many times have you told yourself that you really, really needed to buy something and acted on emotion? If you bought, did it wreck your credit, your savings, or your budget? Did you feel huge regret after the purchase? Spending is emotional and emotion drives a lot of our spending - and investing - decisions. Our roundtable today talks about emotional spending and how it relates to your overall financial plan. Paula Pant from Afford Anything, Len Penzo from len penzo dot com and our very own OG discuss a piece about emotional spending decisions. They share their emotional spending decisions and help you with tips on how to keep emotions out of big decisions. That'll do it for this Friday roundtable but don't worry, we left time for Doug's trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	They're dogs, and they're playing poker!
0:05.2	Ha-ha-ha-ha-ha-ha!
0:07.1	Ha-ha-ha-ha!
0:14.8	Live from YouTube It's the Stacking Benjamin Show.
0:19.8	I'm Joe's mom's neighbor, Doug, and it's Follow Friday!
0:32.7	That's on Twitter, of course, which we're celebrating because today is the anniversary
0:38.6	of the day the platform was launched.
0:41.3	Of course, Emotions run high on that platform, so today, in headlines, we'll be talking
0:46.7	about how money is emotional, too.
0:49.6	To help you keep your head on when you deal with your money, today, we welcome the guy
0:54.5	whose emotions make the terminator look like Oprah, OG!
0:59.6	Joining us as well as the always trending host of the Afford Anything podcast, Paula Pant!
1:06.7	And a man who was tweeting back when it involved a hammer in a chisel, Glenn Penzo!
1:12.9	And now, a guy who's excited to follow you on your journey to stack more Benjamin's!
1:18.6	Joe!
1:19.6	Oh, Saul!
1:20.6	Seaheim!
1:21.6	Happy Friday!
1:32.6	So happy to be the first one to welcome you to your weekend.
1:34.6	I'm Joe Saul Seaheim, very emotional about the fact that I get to spend time with this
1:39.1	group of people today, just brings a tear to my eye.
1:42.5	The guy who brings a tear to my eye every Monday, Wednesday, Friday, here with me, Mr. OG.
	...

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