The Stacking Benjamins Show

At least one real estate investor is doing his best work by bringing affordable real estate to the masses. From ImpactHousing.com, we welcome Eddie Lorin, who'll share how you can purchase and create real estate opportunities that in his words, "do well by doing good." We'll also talk about real estate in different areas of the country and about trends in real estate investing and rehabilitation. Whether you're a seasoned real estate investor or a newbie, there'll be something for you to like.In our headlines segment... do you think emergency funds are overrated? If you're not setting money aside for the unexpected (it's called an "emergency fund" after all), you might find yourself hitching rides from Neighbor Doug just to show up at work on time. Plus, in our second headline, should we be worried about the cost of a long-term care stay? One publication suggests we should be estimating and funding long-term care a little differently.Then, we'll throw out the Haven Life Line to Derrick and his wife, who need to reduce their tax liability. What are their options? Don't worry though. We promise to save time to answer a letter and also swallow a dose of Doug's icy trivia.Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more.Thanks also to our favorite browser extension Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB Time calls Honey "basically free money." We agree. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Should financial bloggers and financial podcasters who tout that they're "retired" share the WHOLE story with their audience? Plus, if they're managing a successful blog or podcast, how "retired" are they actually? Additionally....does it matter to a reader or listener if the writer/podcaster is actually retired, if their information is on point? We'll tackle a great article on this topic from Tanja Hester from the Our Next Life blog with our special guest, CFP Dana Anspach from SensibleMoney.com.We'll also say hello to Tiller CEO Peter Polson in our Friday FinTech segment, who shares some BIG changes to his company's spreadsheet budgeting and money tracking apps. Then we'll answer a question from a listener about investing, worry over Doug's trivia, and more.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 Away for supporting Stacking Benjamins. Go to Awaytravel.com/sb and use the promo code sb to get $20 off a suitcase!  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

And you thought you knew us! WELCOME TO THE STACKING HAMILTONS SHOW!!!! According to Doug's crazy holiday calendar we're celebrating National Hamilton's Day. It's your lucky today because today we're bringing you a show stock full of tips on how to save Hamiltons fora rainy day. Rosemarie Groner from BusyBudgeter.com, stopped by the basement to hand deliver 10 tips to save $10 in 10 minutes minutes or less. PLUS, during our headlines segment, we're talking to the COO of popular money and budgeting app, Clarity Money. I know. We're about three quarters as excited as you are.And during our Haven Life Line segment, we'll answer a question from Tracy about paying her daughter. Does her business need to show an expense report for paying her daughter even though Tracy put it in an Roth IRA?Then during our letters segment we'll answer Corey's question about his retirement progress. How's he doing? Of course, we'll still have time for Doug's trivia.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 Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more.  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Do you ever find yourself sitting around wondering how someone retires early? Good news... we've been wondering the same thing. To answer answer all of our (and your!) questions about early retirement, we invited the man who has not only done it himself, but has been teaching other people to do it too, from TheRetirementManifesto.com, Fritz Gilbert.Speaking of wonder....have you wondered how you can win that "free" luxury car in the mall? Ever think about writing down your information for a chance to win? As you've probably expected, there's a catch... and we'll share what it is on today's podcast. Plus, during the second headline, we'll cover why you shouldn't be so afraid of A.I. managing your money. We'll dive into what more AI means to the pros, and we think you'll like their point of view.Then we'll throw out the Haven Life Line to Stevan, who calls in with a question about target-date funds. What should someone be looking at when they're trying to determine if a target-date fund is a good investment? Of course, we'll still have time to answer a letter from college student Tyler, who recently downloaded Acorns. Still being young, how should he be investing his money? And don't your worry, we'll still have time for Doug's trivia.Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more.Thanks to Away for supporting Stacking Benjamins. Go to Awaytravel.com/sb and use the promo code sb to score $20 off your next suitcase!  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It always pays to start with the end in mind, which may seem difficult, but one recent piece suggests that answering a few questions will help you crystalize your goals. For example, do you know what you'd do with your life if money wasn't an issue? What would your life's goals and aspirations be? What would change? To help answer today's big questions we invited Crystal Hammond from the SophisticatedSpender.com to join us, along with regular contributors Paula Pant from AffordAnything.com and Len Penzo from LenPenzo.comHalfway through the show we'll talk to Kevin Ells from eBlocker. Tired of being tracked online? Want to stop companies from price discriminating against you? We'll talk to Kevin about eBlocker's nifty hardware that'll help you take back your privacy online.We'll also save time for Doug's Friday the 13th trivia segment, and of course, we'll answer a three-oh call for help to the Blooom hotline. Mrs. Anonymous and her husband are starting a small local business as a side-hobby, with the possibility of scaling up to an online store. Should they start an LLC right away, or wait until they have some growth?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 also to our favorite browser extension Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB. Time calls Honey "basically free money." We agree. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Investing can be scary, especially if you're just starting out. What if your money evaporates overnight? What if some unforeseen event happens and my investments are wiped out? And with most of us relying on our investments to get us through retirement years, to pay for college, or other goals, it's natural to be worried. While we can't totally eliminate investment risk, we can do a pretty good job reducing risk... if you know how. That's why we're bringing the author of Slash Your Retirement Risk, Chris Cook, down to the basement. We'll talk to Chris about how you can make practical, safe investments to see you through your retirement years, and still keep the money rolling while you do it.Then our headlines segment, UBS has been ordered to pay out millions in a Puerto Rico bonds claim. Plus, during our second headline we cross over to the other side and hear the confessions of a debt collector. Of course that's not all! We'll throw out the Haven Life line to Mike, who has a pile of cash to invest. He already has a few ideas, but wants to know what we think. And in our letters segment Willis wants to know if taking the tax hit for a backdoor Roth contribution with his two rollover IRAs is worth it. Thoughts? And don't you worry, we'll still have time for Doug's trivia.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 Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more.  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A game show made to wipe out student debt? That's right...coming to Tru TV is a new game show that's made specifically for that reason. If you're anything like millions of other people, you've probably had (or still have) the pleasure of dealing with student loans. Between ongoing bills and wallet stretching emergencies, it may seem like there's never enough money to go around. So what do you do? Coming to the basement to discuss the student loan epidemic, and to help YOU pay off some of your debt on his new show called Paid Off with Michael Torpey, we welcome....Michael Torpey. Also joining us is one of the people helping to lead the charge for student loan debt reform, the executive director of Student Debt Crisis, Natalia Abrams.In our headlines segment, how would you like to get thousands of dollars for painting your front door? Okay... while it's not THAT simple, the idea still stands. New statistics show that painting your front door is one of the most cost-effective methods of increasing your home's value. And in our second piece, one ATM had over $17,000 shredded...and you won't believe how it happened.And then, during the Haven Life Line, Kurt wants to know about jobs (other than a financial advisor of course) that deal with helping others financially. Of course, we'll still answer a letter, have time for Doug's trivia, and much more.Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more.Thanks also to our favorite browser extension Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB Time calls Honey "basically free money." We agree. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Looking to jump into real estate? We're rolling back the clock to the time we talked to Brandon Turner from the award-winning real estate site, Bigger Pockets. He'll talk about purchasing, managing tenants and building wealth.We'll also cover a couple of headlines about some hacks to make your life easier, and the deadly financial sins to avoid if you're not keen on handing your money over to crooks. Of course, we'll also answer some letters, get a dose of Doug's trivia, and much much more. The original show notes can be found HERE. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Griffin the Intern (the "FinTern") takes us back to our debt-curing discussion with MagnifyMoney CEO Nick Clements and MagnifyMoney Executive Editor Mandi Woodruff. Still in the wake of the holiday buying season, Nick and Mandi shared some good strategies on paying down debt.We also take your letters, learn French with Matilda and Devin Carrol, and get a surprise visit from Tiffany the Budgetnista. Of course, it's a full episode of the show....so there's much, much more! Enjoy!You can find the original show notes HERE.This episode originally aired January 11, 2017. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

When you've made some mistakes in your past, how do you get back on track for financial independence? Is there ever a "too" late? Is financial independence out of reach for those of us who started late? Helping us answer those questions and more is special guest Gwen Mertz from the FireDrillPodcast.com. Also rounding out our contributors for today is Len Penzo, of LenPenzo.com fame, and our very own OG.And midway through the show we'll take a few minutes to stop and talk about seniors selling life insurance policies before they lapse. Know a senior struggling to pay to keep a life insurance policy in check...or worse yet, letting one lapse? We've invited Felix from Mason Finance down to the basement to give you the lowdown on selling off insurance for cash before it lapses or if you don't need it.We'll also have time for Doug's trivia, and of course, we'll answer a three-oh call for help to the Blooom hotline. Should Ryan focus on investing into his taxable brokerage account first or his 401k?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 Stamps.com for supporting Stacking Benjamins. For a 4 week trial (that includes a digital scale and postage) go to Stamps.com, click on the microphone at the top of the homepage, and enter SB.  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.