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The Stacking Benjamins Show

Why Are We Bad With Money? (with Gaby Dunn)

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

🗓️ 30 January 2019

⏱️ 71 minutes

🧾️ Download transcript

Summary

Are you horrible with money? Turns out you're not alone (big surprise)! While most of us have been bad with money at some point in our lives, we don't usually write a book about it. Today we're joined by Gaby Dunn, who today will dive into her early years, and the money scripts she learned from school, parents, and friends. It's a quick look into her new book :Bad With Money. Plus, during our headlines segment, a Barron's piece proves again just how many people don't understand the FIREmovement. And in our second headline, investors are looking for "safer" investments as the economy continues to fluctuate. It's a sad reality that no matter how much we talk about not sabotaging your financial plan, people seem to consistently find a way to shoot themselves in the foot with their financial behavior. Later in the show, we'll throw out the Haven Life Line to Kathy, who is looking to retire in the next decade. She should be shifting more of her portfolio over to bonds? What's the right balance between bonds and equities as one gets closer to retirement? We'll also take time to answer a letter from Braden, who's fresh out of college and has his first full-time job. What are some resources he can use to start investing? And don't worry... we'll still have time for Doug's trivia. Thanks to Grammarly for supporting Stacking Benjamins. For 20% off a Grammarly premium account, go to Grammarly.com/sb. Thanks to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/sb and get a $50 credit toward your first job post.   Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

DelSugger Monday events, their biggest sale of the year, shop limited time deals on laptops like the stylish innovative XBS 13 engineered to do it all on the Intel Evo platform.

0:11.0

Plus, say big on ultra- sharp monitors and top brand accessories shop now at

0:15.7

Dell.com slash deals to take advantage of huge savings and free shipping again

0:21.2

that's Dell.com slash deals.

0:24.3

Hi I'm David Stein when I'm not talking to other people about money on money for

0:32.1

the rest of us I'm stacking

0:33.4

Benjamin's.

0:34.0

Live from Joe's mom's basement. It's the stacking Benjamin show.

0:44.0

I'm Joe's mom's neighbor duck and I'm Joe's mom's neighbor duck and I am so happy she's finally here.

0:58.0

Today in the basement we welcome the woman who's bad with money, Gabby Dunn.

1:03.7

Plus, in our headline segment,

1:05.7

another popular publication,

1:07.6

Dis is the Fire Festival.

1:10.1

I mean, geez, who's next?

1:11.4

Netflix, Hulu, uh...ulu oh wait what's that oh oh sorry the they're

1:17.7

dissing the fire movement and meanwhile over on the Haven lif, we'll answer a question from Kathy about

1:25.0

P. Bonds. And we'll answer a letter from the mailbag all while you hope that today you'll actually be able to entertain

1:35.0

your friends by correctly answering my incredible trivia. And now two guys who

1:40.7

entertain each other by making armpit farts, it's Joe and Oh, J, J, J, J, J, G.

1:47.0

Did you do that in third grade?

1:55.0

Is the question whether or not I've done it since third grade?

1:59.0

The question is...

...

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