The Stacking Benjamins Show

Do you know any kids already bored with summer? Know someone who needs some help breaking down basic finance for the kiddos? You're in luck because today we're talking kids and money. Joining us today, from the National Bank of Mom, is our new friend Maggie. ...and back for another round, from FamZoo, we welcome Bill Dwight. And rounding out our roundtable, from ConnieAlbers.com, we welcome Connie Albers. They'll talk about many ideas to brighten your summer and help your children grasp money concepts at the same time. It'll make a better summer for both them AND you.

Don't have children? We thought about you, too, and invited Kate Ryan from TIAA to join us to share tips for grandparents, aunts, uncles, and money savvy friends. We'll talk about everything from sharing money stories to helping a child start a summer business or save a few dollars.

Of course, we'll answer a three-oh call for help to the Blooom hotline.  Nicole wants to take her family on a vacation. What are the best places to be consider, and what should she be watching out for?

Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn 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.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mail call! Today we're ripping open your letters and answering tons of your questions. We'll share our thoughts on 401k loans, improving your credit, saving money... and much, much more.

And during out headlines segment we're looking at Vanguard's 401k changes and... an article about millennial saving habits. It appears that many millennials think they're either going to retire early or not at all. As Joe's mom would say, "that doesn't sound good." It isn't...and bigger problems lie in the details of this story. 

Plus we're throwing out the Haven Life line to Heather. With the possibility of Student Loan Forgiveness on the horizon, how much money should Heather be putting towards her loan? And with debt to pay off, what's some good advice for getting on track for retirement?

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.

Looking for something deeper than what we talk about on the show? Subscribe to our weekly newsletter: The Stacker

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mail call! Today we're ripping open your letters and answering tons of your questions.  We'll share our thoughts on 401k loans, improving your credit, saving money... and much, much more.

And during out headlines segment we're looking at Vanguard's 401k changes and... an article about millennial saving habits. It appears that many millennials think they're either going to retire early or not at all. As Joe's mom would say, "that doesn't sound good." It isn't...and bigger problems lie in the details of this story. 

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.

Looking for something deeper than what we talk about on the show? Subscribe to our weekly newsletter: The Stacker

Invest there, save here, charge this, spend that... what's behind our financial decision making? We might not personally have all of those answer, but we know someone who does. Coming down to the basement is the head of behavioral science at Morningstar, Steve Wendel. Morningstar has some alarming statistics about retirement, and Dr. Wendel will present eight different ways to solve some potentially big problems in your future.

And in our headlines segment... is the market about to take a tumble? We'll discuss why analysts think the market is about to endure a shake-up, and what you should be doing about it. In our second headline we're turning our attention to cryptocurrency. If only 2% of planners seeing the crypto as a viable investment option, should we be paying any attention to it?

Then, after Doug's trivia, we'll throw out the Haven Life Line to Blake who's asking about "play" money. After someone uses a "sandbox" account, do they replenish the fund? And in our letters segment we answer the question: What should you do with your cash if you're saving for a big purchase in the next year?

Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more.

Want that latest news from the basement? Subscribe to our weekly newsletter: Stacker

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Invest there, save here, charge this, spend that... what's behind our financial decision making? We might not personally have all of those answer, but we know someone who does. Coming down to the basement is the head of behavioral science at Morningstar, Steve Wendel. Morningstar has some alarming statistics about retirement, and Dr. Wendel will present eight different ways to solve some potentially big problems in your future.

And in our headlines segment... is the market about to take a tumble? We'll discuss why analysts think the market is about to endure a shake-up, and what you should be doing about it. In our second headline we're turning our attention to cryptocurrency. If only 2% of planners seeing the crypto as a viable investment option, should we be paying any attention to it?

Then, after Doug's trivia, we'll throw out the Haven Life Line to Blake who's asking about "play" money. After someone uses a "sandbox" account, do they replenish the fund? And in our letters segment we answer the question: What should you do with your cash if you're saving for a big purchase in the next year?

Thanks to Slack for supporting Stacking Benjamins.  Slack: Where work happens. Go to slack.com to learn more.

Want that latest news from the basement? Subscribe to our weekly newsletter: Stacker

On Wednesday we talked about what goes into picking the right financial advisor. You'd want to be sure of the person your entrusting with your financials, after all. But would you trust a financial advisor who's a couple of decades younger than you? We're asking that same question to our wonderful panel of contributors: special guest Shannon Mclay (from Financially-Blonde.com), Len Penzo (from LenPenzo.com), and Paula Pant from Afford Anything. PLUS, in a second Friday headline, living next to a lottery winner makes YOU more likely to go broke. What's up with that?

And halfway through the show we're taking a break to talk to Matt Reiner from Wela, the all-in-one budget app. Wela can track your daily spending, group transactions, and the app's AI, Benjamin, can answer any questions you may have about your money.

Of course, we'll answer a three-oh call for help to the Blooom hotline.  Julianne works on commission... how can she make a useful budget on a variable income? Also, should we be waiting on the market to go on sale before we buy more stocks?

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 Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On Wednesday we talked about what goes into picking the right financial advisor. You'd want to be sure of the person your entrusting with your financials, after all. But would you trust a financial advisor who's a couple of decades younger than you? We're asking that same question to our wonderful panel of contributors: special guest Shannon Mclay (from Financially-Blonde.com), Len Penzo (from LenPenzo.com), and Paula Pant from Afford Anything. PLUS, in a second Friday headline, living next to a lottery winner makes YOU more likely to go broke. What's up with that?

And halfway through the show we're taking a break to talk to Matt Reiner from Wela, the all-in-one budget app. Wela can track your daily spending, group transactions, and the app's AI, Benjamin, can answer any questions you may have about your money.

Of course, we'll answer a three-oh call for help to the Blooom hotline.  Julianne works on commission... how can she make a useful budget on a variable income? Also, should we be waiting on the market to go on sale before we buy more stocks?

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 Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB

The hardest part of hiring a financial planner? Making sure you pick the right one! That's why today we're welcoming the CEO of Sofia Financial, Stephanie McCullough. She's not only sharing her insider tips on what to look for with the right financial planner, but what to look out for from potentially the WRONG financial planner.

In our headlines segment, one start-up blockchain CEO is claiming that Bitcoin isn't the holy grail that people may hope. BUT, he does think that bitcoin, along with their own digital currency, each have their own niche where they're needed. What should you do with your own crypto strategy? We'll tackle that today. Plus, we'll feature a new investment that promises a steady 7% annual distribution rate... what's the catch? We'll dive in during our headlines.

We'll also throw out the Haven Life line to Lee who recently left his job to work for himself. How does that impact his retirement and investment plans? What should he be doing with his 401k now? Of course, we'll also have time for Doug's trivia and answer a listener letter.

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.

Looking for something deeper than what we talk about on the show? Subscribe to our weekly newsletter: The Stacker

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The hardest part of hiring a financial planner? Making sure you pick the right one! That's why today we're welcoming the CEO of Sofia Financial, Stephanie McCullough. She's not only sharing her insider tips on what to look for with the right financial planner, but what to look out for from potentially the WRONG financial planner.

In our headlines segment, one start-up blockchain CEO is claiming that Bitcoin isn't the holy grail that people may hope. BUT, he does think that bitcoin, along with their own digital currency, each have their own niche where they're needed. What should you do with your own crypto strategy? We'll tackle that today. Plus, we'll feature a new investment that promises a steady 7% annual distribution rate... what's the catch? We'll dive in during our headlines.

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.

Looking for something deeper than what we talk about on the show? Subscribe to our weekly newsletter: The Stacker

How do you take control of your money and start investing? Danielle Town had a famous dad in the investing world, Phil Town, and didn't want anything to do with her father....to the point that she didn't want to invest money the way he did. Instead, she decided to stick her money in a savings account and hopefully grow it. Today we're happy to have Phil Town with us, to discuss not only the biographical parts of the early book, but about getting brave with your money and learning how to invest. We'll ask about Dave Ramsey's 12% rule, investing like Warren Buffett, and more.

In our headlines segment, we'll talk about one expert who has been repeatedly quoted by media outlets. How many times have we heard about what's going to happen to the economy next week according to the experts? As it turns out, one expert in particular has a big secret: he doesn't even exist. What's that all about? We'll dive into what it all means during our headlines. And in lieu of a second headline, we're taking an inside look into what Doug does when he's not on the mic... you might be a little surprised.

Plus, we throw out the Haven Life line to Andy, who's wondering what he should do with his extra cash from his recently paid off mortgage. How should he invest his additional funds for a positive gain for further financial independence?

Thanks to Honey for supporting Stacking Benjamins. Signup for FREE with joinhoney.com/SB

Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.