The Stacking Benjamins Show

Ever wonder what financial mistakes your favorite financial gurus have made? Seven time New York Times bestselling author David Bach joins us (Automatic Millionaire, Smart Women Finish Rich) and shares his financial horror stories about credit cards and early life money problems. Plus, he'll tell true stories about borrowing money from his children, asking his dad for money help, and more!In our headlines segment, we discuss the recently deceased lead singer of Linkin Park's will. What should you include in your will? David Bach will help Joe & OG with the answer. We'll also tackle a headline about sharing. When is it okay to share your salary with others? Not surprisingly, your age seems to be a factor in your answer to that question. We'll of course have more from the world of financial planning, throw out the Haven Life line to a few lucky listeners in our live audience. We answer questions about stock market risk, life insurance, and paying down your mortgage. Huge thanks to Roofstock (check out their massive real estate database) and MagnifyMoney.com (when you're comparing financial tools like credit cards and savings accounts) for helping us with today's show.  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.

Emma Johnson was dependent on her husband's income when her marriage fell apart. Left with two young children and little income, she had to learn how to put her financial house in order in a hurry. We'll talk about how she did it on today's show, plus we'll . She realized quickly that she had to become financially independent in a hurry. In our headline segment today we'll tackle the current legislation heading through Congress. Reports suggested that pre-tax 401(k) plans were in the crosshairs. Did they survive? Also, Brynne from FemmeFrugality.com joins us to talk about PTSD and investing. While it's often seen as an affliction of those who've served in the military, that's only about 20 percent of all PTSD cases. We talk about the issues around PTSD including goal setting, risk, identifying that you have it, and how to get treatment.We'll also throw out the Haven Life Line to Scott, who asks about some advice he received from an advisor recently. Do we think that this advisor gave him good advice when she said he should hold off on investing in stocks until valuations lower. Then we answer a letter from a listener who asks about long term care. What do you need to know? It's an important topic and I'm glad we can discuss it on today's podcast. Special thanks to M1Finance for sponsoring our show! Use our "stackingbenjamins" code to score a free year of M1Finance.Thanks also to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/SB and get a $50 credit toward your first job post. 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.

America’s family financial expert Ellie Kay joins us in the basement with investing tips for beginners. Forget all of the jargon….where do you start?PK from DQYDJ.net drops by to review yet another dumb article found on the internet (who knew there’d be someone saying NOT to invest while you’re in your 20s….). Joe & OG share headlines, and more.This show originally aired in 2015! Hope you enjoy it. See you back on Monday with a new episode of the Stacking Benjamins podcast. 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.

Even though yesterday was Halloween, we continue our trek through a graveyard-worth of scary financial stories. On Monday the Fintern brought us the "Top 5 Scariest Investing Tales with Rick Ferri." It was only fitting to keep the Halloween trend going with last year's holiday special, 5 Tales of Financial Horror with CFP Chad Smith. Here's the original description of the show:What money bumps keep you awake at night? Certified Financial Planner Chad Smith knows. On our very special Halloween episode, he reveals FIVE movie-themed horrors and the strategies it'll take to face your fear.In our headline segment the guys contemplate NOT paying off your mortgage early. When is that a good idea? Also, we answer a hotline call from Richie about HSAs and a letter from Russell about investing in the FOREX exchange. Is it a good idea to trade the FOREX?Of course, like always, there's LOTS more fun on today's show....as we keep the Halloween fun alive for one more day! 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.

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.

What's more spooky than an investing story gone wrong? Nothing, if we're talking about your net worth. Today Griffin the Intern (AKA the "Fintern") rewinds to the episode when Rick Ferri dropped by the basement and scared us silly with some absolutely HORRIBLE investing stories.Original show notes: Blood curling tales of horror from CFA Rick Ferri on today's show, as he shares his top 5 investing horror stories.Nick Clements from MagnifyMoney.com also joins in the fun to talk about our recent discussions around technology and pricing structures. Will we see banking get cheaper? 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's an age old question...pay off debt or invest? While we could wax philosophical about which is the right approach, on today's show we answer a question from a listener about a specific question around this topic. He and his family have a mortgage, but also need more savings for retirement. Which is the right approach for him? In our headlines segment we'll discuss bad breakups. Should you dive in to "retail therapy" when things go wrong? Statistically, that's what LOTS of us apparently do. We'll also answer a question about freezing your credit from Glen. He's applying for a job and wondering if he should go ahead and freeze his credit or if he should leave it open for when his company completes the inevitable credit check.Also, in our special guest spot, we'll talk about HoneyFi! If you're in a relationship and want a financial app that's been designed from the ground up, you'll want to listen to today's featured FinTech segment.Thanks to MagnifyMoney.com and LinkedIn for supporting Stacking Benjamins. Go to LinkedIn-dot-com-slash-sb and get a $50 credit toward your first job post. 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.

Ever make a financial move because someone else told you it was a good idea and it turned out poorly? Maybe you already apply data to your decisions, but what if it could be better? Today our guests, Stuart Kruse and Sean Brown are both advocates of applying better data to your investing decisions, and we'll discuss how to make that work.Plus, in our headlines segment, we FINALLY hear Joe and OG have a knock down drag out argument about a new Canadian mortgage lending law. Is it a good idea? You'll hear the guys brutal argument on the topic today. Also, we'll discuss how the USA ranks against other countries when it comes to mutual fund disclosures and regulations. What can you learn from a mutual fund prospectus? We'll tackle that, too....We'll of course have more from the world of financial planning, throw out the Haven Life line to lucky listener Ben, who wonders if he's paying too much in investment management fees, score with some of Doug's delightful trivia, and more.Huge thanks to Roofstock (check out their massive real estate database) and MagnifyMoney.com (when you're comparing financial tools like credit cards and savings accounts) for helping us with today's show. They're awesome companies and if you're not using them, I'm not sure you know what you're missing! 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.

We've heard the stories: robots and artificial intelligence are coming to steal our jobs and make us obsolete. Bill Studebaker from ROBO Global has a different outlook. What if automation is going to help us all move faster? We'll talk to Bill about investing in AI in our portfolios and how the new world of work will look in the future as robots help us move the productivity needle even further.In our headline segment today we'll tackle a story about a celebrity who had well over a million dollars stolen from him AND another about students who've left billions of dollars in free money on the table. How do you avoid losing out on free money? What could the celebrity have done better to avoid being ripped off? We'll share tips for both of those scenarios on today's podcast.We'll also throw out the Haven Life Line to Hillary. She's wondering if maybe she can pay her student loans off faster if she puts extra money into a mutual fund instead of directly toward the loan. Is the risk worth the chance of a higher interest rate and then a faster payoff? Then we answer a letter from Alex who wonders if he should continue saving after tax money into his rollover IRA. We'll have LOTS of tips for Alex and anyone else who's thought about trying this strategy. Special thanks to M1Finance for sponsoring our show! Use our "stackingbenjamins" code to score a free year of M1Finance.Thanks also to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/SB and get a $50 credit toward your first job post. 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.

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.