Young vs. Old: Which Saving Strategies Are Right for You?

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.2 • 1.9K Ratings

🗓️ 24 February 2023

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

There are so many savings strategies out there, but which are right for YOU? If you're young, how does your savings plan differ from the plans of older people? And, when you hear advice about saving, which are meant for you? We'll dive into that today with our panel featuring the host of the Everyone's Talkin' Money podcast, CFP Shannah Game. She's joined by financial juggler and super-writer Paulette Perhach and award-winning blogger Len Penzo in a far-ranging discussion about age, saving, and optimizing your game plan. But that's not all! Of course, our panel will compete in our weekly Stacking Benjamins trivia contest. The race is tight...who will come out on top? FULL SHOW NOTES: https://www.stackingbenjamins.com/shannah-game-1322 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	The Dell Technologies back to school event is on with deals on top tech for class hobbies and more
0:05.8	plus when you buy you support a cause. With every eligible purchase,
0:09.9	Dell will donate to UNICEF in support of GIGA, a UNICEF ITU global initiative to connect schools
0:16.8	across the globe to the internet. Accidental damage protection included
0:21.5	get rare deals on select laptops and desktops powered by the latest Intel core processors.
0:27.6	Save now at Dell.com slash deals, UNICEF does not endorse any company brand product or service.
0:37.2	I make fully-snavily being of sound mind and body to hear by Bequeat the following.
0:43.8	To my wife Rose, who spent money like there was no tomorrow, I leave $100 and a calendar.
0:51.2	To my sons Rodney and Victor, who spent every time I ever gave them on fancy cars and
0:57.0	past women, I leave $50 in dimes. And to my other friends and relatives who also never
1:05.0	learned the value of a dollar, I leave a dollar.
1:14.9	Live from Joe's mom's basement, it's The Stacking Benjamin Show.
1:27.2	I'm Joe's mom's neighbor, Dougan. Whether you're young or old, I guarantee Joe is still older than you.
1:36.4	Today, we're talking about the difference between saving for young people versus older people.
1:42.0	To help you think about your money, no matter what your age, we welcome from the everyone's
1:47.4	talking money podcast Shawna Gang. Also to tell us about how interest is compounded since the
1:53.6	Cretaceous period, we welcome from lenpenzo.com of the Loser Raptor.
2:00.0	Nah, we haven't taught ours to speak yet, it's just lenpenzo. Plus, we welcome something even
2:06.2	more likely to sneak up on you. Pull it per hatch. But that's not all, then I'll swoop in with my
2:12.9	trivia question. And now a guy who's young at heart but has been investing a long, long,
2:18.7	long, long, long time, it's Joe Salcihine.
2:29.3	Oh, welcome to the age of jokes never end podcast. I'm Joe Salcihine. I have a show money on
	...

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