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The Stacking Benjamins Show

Yet Another Insurance To Avoid (SB1640)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 5 February 2025

⏱️ 54 minutes

🧾️ Download transcript

Summary

What do scammers, fancy doors, and Twinkies have in common? Turns out, more than you think! Today, Joe, OG, and Doug take you on a wild ride through financial scams, fraud prevention, tax implications of dual residency, and... the surprising link between door quality and financial stability. (Yeah, we didn’t see that one coming either.) What’s Inside This Episode? 🕵️‍♂️ Scams, Scams Everywhere! – From identity fraud to the trendy new "deed theft" scam, learn how to protect yourself before a scammer claims your house faster than you can say "that wasn't in the budget." 💳 Fraud-Proofing Your Finances – Why setting up credit monitoring, checking your bills, and paying attention to sketchy emails can save you thousands in headaches. 🚪 The TikTok Minute: What Do Soft Close Doors Say About Your Wealth? – Is your financial future written in the way your doors shut? Find out why door noises might reveal more about your bank balance than your credit score. 🧾 State Taxes & Dual Residency: The Sneaky Costs of Living in Two Places – Thinking about snowbirding to Florida or keeping a backup home in another state? We break down what you NEED to know before state tax authorities come knocking. 🤖 Password Security & The Quantum Computing Takeover – Is the future of passwords doomed? What you should be doing now to keep your Twinkies—and your bank accounts—safe. 🍕 Pizza Cutting Controversy & Nostalgic Minivan Stories – Because what’s a Stacking Adventures episode without a little debate, a little reminiscing, and a whole lot of questionable opinions on pizza slicing? 🍰 Twinkies Trivia: A Deep-Dive into the Snack That Never Dies – Have scientists unlocked the secret of Twinkie immortality? More importantly, should Twinkies be considered part of a solid financial plan? (Spoiler: probably not, but let’s discuss.) 📢 Stacker Questions & Community Fun – Helping a listener navigate dual residency tax headaches + a special meetup announcement! Takeaways for Smart Stackers: ✅ If it sounds too good to be true, it’s a scam. Seriously. Trust your gut, not the email from "Prince Jeff of Nigeria." ✅ Your finances need monitoring, just like your snack stash. Set up credit alerts and check your accounts weekly to avoid surprises. ✅ Moving states for tax savings? Do the math first. Dual residency isn’t always the loophole people think it is. ✅ Twinkies may last forever, but financial security requires maintenance. A solid money plan beats a stockpile of snacks (but only slightly). 🎧 Hit play now for a mix of financial wisdom, scam-prevention tips, and just the right amount of Twinkie-fueled fun! 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

Transcript

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0:00.0

This episode is brought to you by Navy Federal Credit Union. Navy Federal, our mission is to help members of the military veterans and their families achieve their financial goals.

0:08.4

That's why we offer great savings and investing options like our certificates.

0:12.6

Certificates come with sky high rates and some even have the flexibility to add money anytime during your term.

0:19.0

Whether you're saving for a home, a new car, or your future, our options could help you

0:22.5

get there.

0:23.6

And certificates are just the beginning.

0:25.4

Navy Federal also provides financial advisor to help you manage your investment portfolio,

0:29.8

along with online tools to guide your savings plan.

0:33.4

With our support, you'll have everything you need to take charge of your finances.

0:37.7

So don't wait.

0:38.9

The sooner you start building your financial future with Navy Federal's savings and investing options,

0:44.0

the better off you could be in the long run.

0:47.1

Sign up at NavyFederal.org.

0:49.8

Navy Federal Credit Union, our members are the mission.

0:53.6

Savings products insured by NCUA, investment

0:55.8

products are not insured, not obligations of Navy Federal and may lose value.

1:00.3

Did you know that parents rank financial literacy is the number one most difficult life

1:05.2

skill to teach? Meet Greenlight, the debit card and money app for families. With Greenlight,

1:10.7

you can send money to kids quickly, set up chores, automate debit card and money app for families. With Greenlight, you can send money to kids

1:11.9

quickly, set up chores, automate allowance, and keep an eye on your kids spending with real-time

1:17.0

notifications. Kids learn to earn, save, and spend wisely, and parents can rest easy knowing their

1:22.8

kids are learning about money with guardrails in place. Try Greenlight risk-free today at greenlight.com slash pod.

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