The Stacking Benjamins Show

What are your favorite money moves that pay huge returns with little time and effort from you? It could be getting your company 401k match or saving early and investing to get the benefits of compound interest. Today our roundtable discusses their favorite asymmetrical money moves. Four-time olympian Lauryn Williams joins Len Penzo, and OG on our roundtable and share it all. From paying off a mortgage to reviewing insurance and investing, they give some great tips. Doug will, of course, share his trivia too.

Enjoy!

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.

Do women and men think about finances differently? Absolutely. Women, sadly, are more likely to lack confidence in their financial approach, to delegate the "leading" of families to men, and to take a backseat role. As the Chief Knowledge and Learning Officer at Pitcairn, Amy Hart Clyne studied 40 women to better understand their money habits, philosophy, and behavior. She shares some surprising findings and some powerful lessons for both women and men when it comes to handling wealth-building, family, and creating a legacy. Pitcairn, a multifamily office serving ultra-high-net-worth clients.

During our headline segment, we'll focus on the forest fire happening in tech stocks. They've had a great run-up the last few years, but is this downturn a sign that it's all coming to an end? We discuss two pieces that ask some difficult questions about the sector and about being a long-term investor. We also discuss disability insurance during our Haven Lifeline. Many people don't realize how important it can be, so we'll point out when and why you might consider this coverage option. And of course, we'll leave time for Doug to share his credit card-related trivia.

Enjoy!

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.

Think of a money mistake you made early in your adult life. It might have been getting into trouble with credit cards or not saving into -- or even knowing about! -- your company's 401k plan, or maybe you didn't know how to budget. If you could go back in time, what advice would you give yourself to avoid those sticky situations? Our guest today is passionate about helping the next generation become better with their money. From learning about taxes and investing to setting a budget, Bobbi Rebell has been through it all with her kids. She shares the money lessons she taught her kids to avoid making the same mistakes she once made. She shares how you can help others, too. Even if you don't have kids, these tips can apply to anyone.

During our headline segment, we dive into Roth IRAs. The stock market decline to start this year has had many people wondering if they should take advantage of a Roth conversion. We discuss the tactics of this strategy and give you things to think about if you are considering it. We'll also answer Mattie's question about sinking funds, and to top it all off, Doug will share his trivia.

Enjoy!

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.

In every household there are a few items that you purchase once and then never purchase again. For some of us, our goal is to find as many of these as possible so that we can invest our money in other ways. It turns out that investing in quality, guaranteed equipment that's more expensive up-front can actually pay huge dividends later.

We'll ask our roundtable team of OG, Len Penzo (LenPenzo.com), and Paula Pant (Afford Anything) what their "forever" items are. Hopefully we'll be able to help you figure out which household expenses are better to splurge once on, and which are better to spend as little money as possible on. We'll also share mistakes we've made along the way with "forever" or cheap spending.

And of course, we will save time for Doug's amazing trivia challenge. The battle continues!

Enjoy!

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.

Have you ever looked at your futon in your kitchen and thought, "Hey, I think I will rent that out to a stranger?" Believe it or not, our guest today, Avery Carl, has some friends who did exactly that. It gave her the idea to invest in short-term rentals as a stepping stone to building a more extensive real estate portfolio. Joe and Avery discuss having an income to support lending criteria, the pros and cons of property management, and how she strategically invested in mature vacation rental markets to scale her portfolio.

Worried about scams? Today in our headline segment, Joe and OG discuss a piece about a former car salesman who allegedly got caught in an elaborate scam buying back leased cars. Also, they discuss a Netflix documentary about the Tinder Swindler and how he thinks his scam was a "successful business." We throw out the Haven Life line to Amanda and congratulate her on paying off her debt.

And, of course, we will enlighten your day with Doug's famous trivia. 

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.

How would your life be different if you spent more time designing and less time winging it? Would you be where you are now, or would you be working on more fulfilling projects? Today on our show we talk with Kevin Bethune, the author of the new book Reimagining Design: Unlocking Strategic Innovation. He has reimagined and redesigned his career a few times over, going from working in nuclear power, to heading back to business school, to working at Nike on shoes, and then on to many other projects. We'll draw strong correlations between his work in corporate design and your work building a better life.

Joe and OG discuss a piece from a very popular investment house about the value of human advice vs. robots. I think you'll be surprised when you hear not only what firm commissioned this study, but also our discussion about the future of financial advice...much more of a fusion of humans and robots than one or the other. And also, with most of us losing an hour of shuteye this weekend, Doug gives us some good tips in his trivia about taking a nap. We'll also (of course), save time to throw out the Haven Life Line on whether or not you should be available to your boss 24/7 even on vacations? Should you?

Enjoy!

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.

You've probably been told to live in the present at some point in your life but does that do more harm than good when it comes to your finances? Splurging on that purchase today might feel good in the moment but is it going to make 'future you' happy too? Thinking about ourselves in the future is hard. Our roundtable today discusses this topic. Jason Hallonquist, Paula Pant and Len Penzo join our roundtable to talk about how thinking about your future self is beneficial for your finances.

And don't worry, we left time for Doug's trivia!

Enjoy!

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.

Have you checked in with your health lately? Stacking those Benjamins is awesome but it means nothing if your health holds you back from doing the things you enjoy in life. Our guest today shares an incredible story of the scary moment she realized she was constantly running at full speed ahead. Dr. Amy Shah joins us to share that story and her journey to better overall health. She explains how hormones, sleep and overall gut health contribute to every aspect of our lives.

During our headline segment, we talk to Dr. Brooke Struck from The Decision Lab about consumer spending habits, specifically millennials. Are millennials' spending habits different from other generations and what struggles do they face that other generations might not have? Dr. Brooke Struck shares his research findings. We also answer a question from our basement Facebook group about HSA's and Doug shares his trivia.

Enjoy!

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.

You'd never fall for it, right? Scams can look so obvious from the outside. "How could they have let that happen?" we ask. Reading about Bernie Madoff or some of these other big "scammers" from history, it's easy to think of how gullible the victims must have been. Being in the midst of it, though, leads to the true, deeper, and disturbing story. Radhia Gleis knows how scams work because she was in a cult for over 20 years. Today she shares the story of how she sunk deep into a con and then also explains the pain and immense disappointment she experienced when she realized it was all a lie. It's a fascinating story about searching for meaning and how scammers maintain their power. We'll help by giving you tips to avoid being scammed as well.

During our headline segment, we dive into another troubling situation: the current situation in Ukraine. While there are far more important aspects of this conflict than your money, the only one we're qualified to comment on is the effect on your portfolio, so we'll do that today. Market volatility has ticked up again and we talk about while it signals some horrible events happening in the world, why this might not be as bad as it sounds for your investments. We'll also answer Lacey's question about saving for nieces and nephews (what should she use to save some money for them?) and also, Doug will share his amazing trivia.

Enjoy!

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.

How can you tell if someone is rich or poor? It's not as simple as looking at what someone buys or where they live. Being rich is about more than the size of your wallet. To round out our rewind week, today our roundtable discusses this topic. They share their thoughts on what it means to be rich and what that really means.

This episode originally aired in 2019 so ignore and mention of giveaways or current events. See our original show notes here.

Enjoy!

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.