Why Not Try a Low Cost, Big Living Approach?

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

🗓️ 6 August 2021

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What do you enjoy spending more money on? Maybe you like to stay at top-rated resorts when you travel? Or, you enjoy the experience of a nice dinner out? And what things do you spend less on because your experience isn't an better when you spend more? Generic vs. name brands at the grocery store? Or taking public transportation when you travel? Today our roundtable discusses a blog post about spending more on what you value and being frugal in other areas of spending and your life. Cody Berman from The FI Show and Gwen Merz from Fiery Millennials join our roundtable with Len Penzo to talk about mindset and what they value as it relates to financial independence. And you don't want to miss the guesses our roundtable has for Doug's Houdini-related trivia today! Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Created live on Fireside.
0:08.8	Live from Joe's Mom's Basement.
0:11.4	It's the Stacking Benjamin Show.
0:24.2	I'm Joe's Mom's neighbor, Duggan.
0:25.7	How do you decide how to spend your money?
0:28.7	We're frequently told,
0:30.2	spend extravagantly on the things you love
0:32.7	and cut costs mercilessly on the things you don't.
0:36.2	Our roundtable is here to break down
0:38.2	how they make these trade-offs.
0:40.4	Joining us from the FI Show, it's Cody Burman.
0:45.2	And it's the fiery millennial herself, Glen Merz.
0:50.4	And from LenPenzo.com, it's Harry Houdini.
0:55.2	I'm just kidding.
0:56.4	He was totally able to escape this death trap of a podcast.
1:00.1	So we're just gonna settle for LenPenzo again.
1:04.2	And I'll bring this podcast home
1:06.8	with some truly magical trivia.
1:09.7	You didn't see that one coming, did you?
1:11.2	And now, a guy who chooses to spend his money
1:14.4	on way too much boxed wine.
1:16.8	It's Joe.
	...

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