Why The Joneses Will Bankrupt You (plus an intro to the WELA app)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 15 June 2018
⏱️ 73 minutes
🧾️ Download transcript
Summary
On Wednesday we talked about what goes into picking the right financial advisor. You'd want to be sure of the person your entrusting with your financials, after all. But would you trust a financial advisor who's a couple of decades younger than you? We're asking that same question to our wonderful panel of contributors: special guest Shannon Mclay (from Financially-Blonde.com), Len Penzo (from LenPenzo.com), and Paula Pant from Afford Anything. PLUS, in a second Friday headline, living next to a lottery winner makes YOU more likely to go broke. What's up with that?
And halfway through the show we're taking a break to talk to Matt Reiner from Wela, the all-in-one budget app. Wela can track your daily spending, group transactions, and the app's AI, Benjamin, can answer any questions you may have about your money.
Of course, we'll answer a three-oh call for help to the Blooom hotline. Julianne works on commission... how can she make a useful budget on a variable income? Also, should we be waiting on the market to go on sale before we buy more stocks?
Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings.
Thanks to Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB
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 | Hi, I'm Eric Rosenberg from personal profitability, and when I'm not busy hustling my tuchess off, I am stacking Benjamin. |
| 0:10.7 | Live from Joe's mom's basement, it's the stacking Benjamin chair. King Benjamin's show. |
| 0:30.0 | I'm Joe's mom's neighbor, Doug, and today we're celebrating Father's Day weekend on the show. |
| 0:30.9 | I'm headed to the carnival to look for my dad, but you, you lucky dog, you're listening to |
| 0:35.8 | today's great show. |
| 0:37.6 | On today's podcast, would you hire a younger advisor? |
| 0:41.0 | We'll detail one person who did and loved it. |
| 0:43.8 | Plus, we'll talk about keeping up with the Joneses |
| 0:46.4 | and how it might be bad for your health. |
| 0:49.3 | Joining us to talk about this and answer a bloon call for help, |
| 0:53.5 | we welcome our friend from the financial gym |
| 0:55.8 | and the Martinis and Your Money podcast, Shannon McLeigh. |
| 0:59.8 | Plus, from this podcast, oh, gee. |
| 1:03.4 | But of course, that's not all. |
| 1:05.0 | At the halfway point, we'll say hello to Matt Reiner from Wella |
| 1:08.4 | about the Wella Financial app |
| 1:10.4 | and their brand new money management app extension, Benjamin. |
| 1:14.4 | Great name, dude. |
| 1:16.2 | And now, because what's Father's Day without a father of two at the helm? |
| 1:21.1 | Joe Saul Seahy. |
| 1:23.5 | I. |
| 1:23.6 | Thank you. And I'm so happy it's Father's Day weekend. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.

