According to FastCompany, "the Stacking Benjamins podcast...strikes a great balance of fun and functional." Created live from Joe's mom's half-finished basement....you'll hear a parade of financial headlines, personal finance experts, creatives, and people with stories that inspire us. Every Monday, Wednesday, and Friday, hosts Joe Saul-Sehy & OG meet at the card table and bring you guests, trivia, your letters about saving, investing, and risk management, and much more. Academy of Podcast winner for "best business podcast of the year," 2017 Plutus award winner for "best personal finance podcast," and Kiplinger magazine's only recommended personal finance podcast. You'll like this podcast if: you enjoy chatty, laid back money talk at a relaxed pace with lots of humor attached. You won't like this show if: you're looking for hard-core, genius money-nuggets presented at a fast pace.
Halloween Treats and Avoiding The Horror Story Wedding
On today's show we're mixing the ghoulish past with the horrific NOW. Chuck Jaffe from Money Life with Chuck Jaffe joins us to share how he's scaring his neighborhood kids this year into better money habits AND then we rewind (this is our rewind week!) to Sandy Smith sharing how she spent just under $5000 on her wedding and had the ultimate experience for herself, her husband, and their friends. It's a great now/rewind episode of Stacking Benjamins (plus we share an AWESOME event coming up for all Stackers on 11/10...join us!).
Top 5 Investing Horror Stories with Rick Ferri (SB RWD 115)
What's more spooky than an investing story gone wrong? Nothing... if we're discussing your net worth. Today the Fintern brings us back to our time with CFA Rick Ferri, who dropped by the basement and scared us silly with some absolutely HORRIBLE investing stories.
Plus, Nick Clements from MagnifyMoney.com also joined the show to talk about our (then) recent discussions around technology and pricing structures.
Of course, we also had headlines, Doug's trivia, and more.
Top 5 Ways To React To Market Volatility (SB RWD 114)
Happy Rewind Week Stackers! We're kicking off Monday strong with a special show that used to be a fan-favorite: a Joe and OG Top 5. Today's topic? How to react to market volatility. It was relevant then, and it's relevant now. There's no featured guest on today's show - but there's also a whole bunch more of Joe and OG banter than you'd normally have. (Some people say that's a good enough trade-off).
You can read the short and sweet original show notes below:
It's another Top 5 episode! Today Joe & OG tell you their top 5 ways to handle bouncing markets.
In headlines we tackle the herd mentality down markets create and signs that it's time for a new advisor.
We also fire up the Quotacy hotline for the first time, where Sam asks about stretch IRA rules.
It's all that and more on today's show!
Thanks to Candid and Netsuite for sponsoring the Stacking Benjamins show!
Grab The Budget Reins (plus Kabbage's Kathryn Petralia)
Worried it's next to impossible to get your finances in order by this point? What if I told you it could happen by Thanksgiving? (For those of you caught in the infamous 2020 haze, that's a little more than a month away). Today our roundtable crew share their personal tricks of the trade they employ to manage their budget, lower their expenses, and keep charge of their finances. Joining us on our roundtable is the mind behind the Own Your Money brand and Stacking Benjamins' partner in our Making Money Easy course, Belinda Rosenblum; Kevin Payne from the popular Family Money Adventure blog; and basement regular Len Penzo... from the aptly named Len Penzo dot com blog.
After our contributors finish sharing their top finance tips, we'll give them a break while we shine some light on small businesses and what they've been experiencing this year. Helping us shine that spotlight is Kabbage co-founder, Kathryn Petralia. Kabbage was the second biggest PPP loan provider, and Kathryn will share the mistakes she's seen businesses make, what businesses should be doing right now, and what we can maybe expect in the future.
We'll finish out the show with our Magnify Money segment - our caller Jambalaya wants to self-insure his health costs. He breaks his plan for his, and makes sure to let us know that he's otherwise healthy. Jambalaya asks for our seal of approval: is his plan sound, or, in his words, "should I keep it simple stupid?" Our roundtable will share their thoughts on our caller's plan.
Naturally, we'll make some airtime for Doug's Friday trivia game show. This week's question? The original iPod sale price!
Weighing Opportunities and Holding On In Down Markets (with JL Collins)
When you make a decision about your money, do you weigh how that plays against your long term goals? Doing so is called considering your "opportunity cost." Today's guest talks about both the process of thinking about opportunities AND discusses how to weigh down markets. Should you move your money? He's been through a ton of down markets and has a world of experience with them. Today we're airing a very special episode with JL Collins, author of The Simple Path to Wealth. Doc G (in an interview originally aired on the Plutus award-winning Earn and Invest podcast) caught up with Collins last year, and asked him many questions, that we'll play for you today.
What's your first response after finding out your online portfolio has been liquidated and cleared of its cash? Okay... so after THAT, you're probably calling your financial advisor until they pick up the phone, right? At the very least, solo investors should call the support line for their online brokerage.. right? What happens when NO ONE is available to help you figure out where the money went....or worse yet, when you do get a reply back it says that you'll need to hold tight for a few weeks? That's exactly what's happening to Robinhood investors... we'll unveil yet another issue at the troubled brokerage during our headlines segment.
In our second headline: day-traders are often ignored by long term investors, but new research indicates these very-same day-traders could be a driving force behind market fluctuations, including the market rebound this year. Don't worry - we'll cover what that means to you and your plan.
We'll finish out the show with a call from Ryan, who wants to know more about family contributions to a 529 plan. Ryan and his wife are expecting their first child, and would like their family members to contribute to their child's 529 plan instead of traditional gifts. Are there any online portals their family can use, or is it up to Ryan and his wife to collect contributions and investing the cash?
Of course, we'll save some time for Doug's trivia. Doug was feeling generous today with his dino-trivia, and opted for multiple choice responses... enjoy!
The Crazy Things I've Bartered to Cross the USA (travel writer Heather Jacks)
Heather Jacks has done it all. She's created a new job to work for Howard Shultz, facilitated wine and bourbon tastings, ferried pigs for a guy, lived in the outback, and slept full-time in a bus named Bubba. Also? She writes travel stories for Fodor's and other outlets, while also keeping a blog. ....and she's modeled. ..and she's been a teacher. ...and....the list goes on, but we're excited today to talk to her about how she's found a way to put together diverse skills and barter her way across the USA. Think you don't have enough money to travel? She'll share tricks she's used and stories from the road on today's wide-ranging (to put it mildly) discussion.
LOTS of people are having debt forgiven because of COVID-19, but some are in store for a surprise. We'll share who's showing up with their hand out when you write down debt during our headlines segment. Also, the new Social Security cost of living increase has been announced, and....it's not pretty. We'll talk inflation, the stock market, and setting up your investments to win.
Of course we'll also throw out the Haven Life line to a lucky listener and leave some time for Doug to share some of his mind-bending trivia. Enjoy!
Customer ReviewsSee All
It’s like a masterclass
In transitions. I came for the finance advice and ended up learning how to transition my everyday conversations into sponsor ads...and they claimed I wouldn’t learn anything.
Awesome hosts and guest interviews, fun and interesting topics and discussions, easily my favorite podcast.
You got Joe’s laugh will make you start laughing and you got OG with his sense humor will make you laugh even harder. But for the most part this podcast is a must to listen
Stuck in the 90s
I usually try to find something nice to start but I can’t here. They seemed like nice guys at first, but in the one episode I listened to, they contradicted themselves three times and they patronized a person’s thoughts on what current investments could be successful in today’s environment. That person wasn’t present to defend himself and I happened to agree with most of what he said. Everything I heard from the hosts were investment strategies that were successful in the 1990’s. Those strategies may bring mild success today, but they flat out ignored today’s macroeconomic environment and what’s to come. Horrible show in my opinion because they’re afraid of learning new concepts or don’t understand alternative investments.