The Stacking Benjamins Show

You've gotten the big call…it's time to go pro with your money? But what skills got you there? Today, to celebrate the NFL draft tomorrow, when dozens of talented young people will have their lives changed with huge paychecks, we welcome a guy who works with professional athletes on their cash, private banker Rob Welch. Plus, in our headlines segment, a disturbing statistic about financial advisor satisfaction just emerged. What do people dislike about their advisors? We'll jump into ALL of the details on today's show. Of course, we'll also share a call from a Stacker from Wisconsin to the Haven Life line (no, not THAT Stacker), and Doug will tackle career longevity on today's trivia question. Just another amazing day at the Stacking Benjamins Show! FULL SHOW NOTES: https://www.stackingbenjamins.com/rob-welsh-1348/ Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

How can you do a better job planning for your retirement (and not just financially)? Are you anxious about transitioning into the next phase of your life? We're happy to welcome retirement planning expert Veronica McCain to share some actionable advice to put you in a better position to retire well. Plus, in today's headline, do you feel like your expenses always come in over budget? Have your credit card balances increased over the last year? You're not alone, says Veronica Dagher of the Wall Street Journal. We'll jump in and try to leave Stackers with best practices to keep your expenses in check. You'll be amazed by the career advice from our TikTok Minute, and we help Jim with a question about how to divvy up his 401(k) contributions. FULL SHOW NOTES: https://stackingbenjamins.com/Veronica-McCain-1347 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

For millions of young prodigies, it's graduation season. But before they spread their wings and leave the nest, how will they afford it? Our roundtable tackles this timely topic on how recent college graduates can best get a head start on adulting. We're happy to welcome our special guest to said roundtable Wes Moss of the Retire Sooner Podcast. He joins our fabulous writer Paulette Perhach and our in-house CFP OG. They give their two cents on today's headline article. In part two of our discussion, each of our contributors gives his/her own expert two pieces of advice to new college graduates to set themselves on the right track in life (Doug adds his top tip, too). Plus, Doug has some jaw-dropping trivia about the cost of private college. FULL SHOW NOTES: https://stackingbenjamins.com/fri-roundtable-1346 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are you tired of following the same old financial advice that doesn't seem to work for YOU? Do you want to create a financial plan that's tailored to YOUR unique circumstances and helps you achieve your goals? We're joined by Lawrence Sprung, a Certified Financial Planner and founder of Mitlin Financial, to discuss his approach to financial planning. Discover how to create a personalized financial plan that not only sets you up for success but also brings you joy along the way. Plus in our headline, we learn about how Michael Burry (of "The Big Short" fame) admits (via a March 30 tweet) to getting it wrong when he told investors to sell in a January 31 tweet. If the best in the business aren't able to predict the stock market's future, what hope do we Average Joe investors have to time the market correctly? Plus we take a call from Brian who has a question about what potential consequences could result from him having let his life insurance policy lapse. FULL SHOW NOTES: https://stackingbenjamins.com/Lawrence-Sprung-1345 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

We are thrilled to welcome award-winning journalist, senior editor at The Wall Street Journal, expert on the Federal Reserve, and author of the bestselling book about Janet Yellen Jon Hilsenrath to the basement. In addition to an economics masterclass, he shares with us insights into the current Treasury Secretary and former Federal Reserve Chair - and what makes her tick. Also, we dive into an infuriating headline about 70,000 people who can't access their retirement savings while legal proceedings are ongoing. We throw out the Haven Lifeline to Burton who wants to know where to allocate additional savings. And Doug tops things off with his Fed-related trivia. FULL SHOW NOTES: https://www.stackingbenjamins.com/Jon-Hilsenrath-1344 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Do you have anything put away for retirement? If so, you're doing better than 50% of women and 47% of men ages 55-66, according to U.S. Census Bureau data. Yikes! For today's roundtable, we welcome guest contributor Investopedia Top 100 Advisor in 2019, 2020, and 2021; Certified Financial Planner (CFP); and Retirement Income Certified Professional (RICP) Benjamin Brandt. We welcome Paulette Perhach back from her travels, and Len Penzo joins us from his bunker under flooded Los Angeles. They give their 2 cents on today's alarming headline - which is $0.02 more than almost half of Americans approaching retirement age have set aside, apparently! Double yikes! In our second part of the retirement savings discussion, we discuss a piece by JL Collins that pushes back against the idea that your home doubles as a retirement nest egg. In his trivia today, Doug comes through with timely data about expected retirement age - which, as we discuss, doesn't always pan out the way people plan. Flexibility is the name of the game, Stackers! FULL SHOW NOTES: https://www.stackingbenjamins.com/Fri-roundtable-1343. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

No event could have wrecked our finances as bad, or for as long, as building a debt saddle had done. Between interest payments, added stress, and missed opportunities, digging yourself out of debt can be a painful life experience - but well worth it in the end. Today's conversation with debt payoff expert Dorethia Kelly is a must-listen! Plus we throw out the Haven Lifeline to Lee who has a question about how to replenish your retirement cash position if it's used early in retirement. Add to that some of Doug's space cadet-themed trivia, and you've got yourself a podcast fit for print. FULL SHOW NOTES: https://www.stackingbenjamins.com/dorethia-kelly Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

We've heard a lot about work-life balance. On one end, the non-stress believers say that you should seek balance actively. On the other, "hustle" culture says you can sleep when you're dead. There's no such thing as balance. Do more. Faster. Better. Today's guest says that maybe you can have "more" in your life WITHOUT seeking balance. What if we sought harmony instead? Tina Wells has had to apply this lesson to her own life, having created her first company at age 16 and suffering her first burnout by age 27. She'll share how she found both success and a life on today's show. In our headline segment, actor Jeremy Renner is under our spotlight. He recently was featured in many pieces after sharing an instagram story detailing his march to recovery after an early-January snow plow accident. What does Renner's disability have to do with your money? We'll share...and it's a LOT! Plus, of course, we'll answer a Stacker's call to the Haven Life line and Doug will be sure to top everything off with his world-famous trivia (well, maybe only Texarkana-famous...but who's counting?). FULL SHOW NOTES: https://www.stackingbenjamins.com/1341-tina-wells Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Who should you trust? Talking heads on television often have a LOT to say about your money. Yet, one popular television show called out a "guru" live, questioning the validity of their advice. So today we ask our roundtable panel about that particular exchange: where should your filter kick in with online advice. Whether you're listening to the radio, watching videos, or heck...even listening to us, when should you apply some caution? What are the questions you should be asking yourself about online advice. We're excited that Lacey Langford (Military Money Show & the Military Money Conference) joins the crew to tackle this topic today. She definitely brings opinions! Of course, that's not all. We'll also continue our year-long trivia contest. Will Lacey be able to help team "Paulette" get back in the race? FULL SHOW NOTES: https://stackingbenjamins.com/friday-roundtable-1340. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ready to hit "send' on your taxes? Before you do, Bob Wheeler from the Money You Should Ask podcast, and a working CPA, joins us to dive into what YOU can do to maybe lower your tax liability. We'll cover frequent mistakes, what to do if you can't pay, and how to negotiate with the IRS. In today's headline, we dive into a 44-year-old's advice on how to build up enough "F.U." money to retire early, and the potential rewards and dangers of early retirement. And, on the Haven Lifeline, we answer a question from our Facebook group "The Basement" about how safe your IRA is if the custodial institution goes under. FULL SHOW NOTES: https://stackingbenjamins.com/bob-wheeler-1339 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Allison Baggerly was in trouble. She owed a TON of money to everyone and had just found out she was now pregnant. How does she solve the problem?On today's show she shares how a budget saved her financial future and took her family from a horrible place to one where she's in control. The best news? You can learn from her experience, as we share budget secrets on today's show with the woman behind Inspired Budget! In headlines we ask the question, "Will getting more information make you a better investor?" A recent WSJ piece dives in and we'll share thoughts. In our TikTok Minute, we'll see how well a former CEO of a certain company aged. Doug will dazzle us with his intimate knowledge of women's intimate garments. Not creepy at all. And we'll throw out the Haven Lifeline to Tom who has a question about what happens when an account owner dies without explicitly naming anyone as the account beneficiary. FULL SHOW NOTES: https://www.stackingbenjamins.com/allison-baggerly-1338. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Every time we go to the grocery store, it seems like the prices of whatever is on our list keep rising. In today's roundtable discussion, we look at a recent piece that promises to help us save drastically on our grocery budget. Today, we welcome a special guest, Ms. Yo Quiero Dinero Jannese Torres, who joins Len and OG. At the halfway mark of today's show, we'll see if Jannese can help dig team Paulette/Paula out of last place in our yearlong trivia game when the three try to answer a health-related trivia question. FULL SHOW NOTES: https://stackingbenjamins.com/friday-roundtable-1337 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Trust. The foundation of modern society is built on it. Today we are fortunate to welcome Dr. Henry Cloud to the Basement to talk about who is actually worthy of our trust and who is not. We'll talk about how we're rightfully reticent to extend trust when our gut says we shouldn't and how we get burned when we let people in who shouldn't be. We also discuss how to help people earn our trust so we have better relationships. Our friend Doc G from the Earn & Invest Podcast helps us out with the interview. You don't want to miss this episode! In our headline today, would you let your kid jump on his/her phone and go all or none on a sweet straddle on Apple Stock? We learn about a popular broker who's in some regulatory hot water because of some clients who can't (legally) buy alcohol. How do you monitor your devices? We'll share strategies. Plus, we throw out the Haven Lifeline to Stacker Sammy who asked a question about HSAs. Throw in some of Doug's historical trivia, and we've got ourselves a podcast, boys and girls! FULL SHOW NOTES: https://stackingbenjamins.com/henry-cloud-1336 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are you down with OPP? Award-winning former investigative journalist for the LA Times Maya Lau joins us to discuss exactly what would happen if we asked people how much money they earned. She's the host of a new podcast about OPP called "Other People's Pockets." She asks the uncomfortable questions about people's money, how they make it, and what they do with it. She shares her experiences with us about pulling back the curtain on the taboo topic of money so that you can feel confident diving into these conversations yourself. Plus, for today's headline we have a special guest interview with the Chief Gold Strategist for State Street Global Advisors, George Milling-Stanley. We talk about what the Federal Reserve's sustained interest rate hike campaign could mean for the price of gold. What utility does gold have in the real world? Does holding gold (and/or other precious metals) make sense for your portfolio? O.G. also shares his thoughts. Plus we throw out the Haven Lifeline to an semi-anonymous caller with an identity crisis about when it's appropriate to take over someone else's investment decisions. FULL SHOW NOTES: https://www.stackingbenjamins.com/maya-lau-1335. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

How would you react if you suddenly had all your access to money cut off from your bank? Welcome to a special Friday episode of Stacking Benjamins! In today's show, Joe talks to Tiller founder and CEO, Peter Polson. As CEO of a tech start-up, Peter had a front-row seat to experience firsthand the Silicon Valley Bank drama as it unfolded. He recounts the events of that fateful day a couple of weeks ago - and how it impacted Tiller's business operations. FULL SHOW NOTES: https://www.stackingbenjamins.com/Peter-Polson-1334/ Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

It's never too late to change. If you're unhappy with where you've been and where you seem to be headed, it's time to hit the reset button. Today, to help you lift off, we welcome former editor-in-chief of USA Today and the WSJ Weekend Journal (among others), AND the author of the new hit book Next! The Power of Reinvention in Life and Work, Joanne Lipman. Plus, we'll dive into today's headline about Cher and her lavish spending on her new boy toy...it's gotten so bad that her friends are raising the alarm! Do they have a reason to be concerned, or should they mind their own business and let her spend $360 million as she sees fit? Beyond just Cher, we'll explore how involved should we be in our elder loved ones' finances and financial protection. And later, we'll throw out the Haven LifeLine to our friend "Conner" and help him and his wife understand more about what an ESOP is and how it can benefit employees of the companies that offer them FULL SHOW NOTES: https://www.stackingbenjamins.com/Joanne-Lipman-1333. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Help us narrow a field of 16 different strategies to reach a cool MILLION dollars to one winner. They're seeded and ready to go (follow along on our show notes or a social media post, if you'd like!). We're joined by Mindy Jensen (BiggerPockets Money) and Tom Brickman (Twitter @FrugalGay11), for a broad, sweeping comparison of many of the different paths to real estate victory that we plan to discuss over the next several months. Plus, we'll take a break at the midway point for a helping of Doug's trivia! Enjoy! Stacking Deeds is moving to a new channel, so search for "Stacking Deeds" and subscribe wherever you're listening to Stacking Benjamins to continue to listen in the future! For show notes and more visit StackingDeeds.net. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What could you achieve if you planned better? CFP Taylor Schulte shares two stories told by financial planners about clients who achieved extraordinary results by creating and working on their financial plans. We dive into how you can dream bigger and do more with just a few better tactics. Plus, in our headlines segment, it turns out that a million dollars isn't enough to be comfortable in retirement (according to one source). We'll help you tweak your plan. In our TikTok minute, we ask, "What could happen to your trust if it isn't all done correctly?" Apparently, you need to do ONE big thing to make sure your trust works the way you want. We also throw out the Haven Life line to a Stacker who wants to become a financial planner. How do you break into the biz? ...all of that, AND of course, we'll share Doug's trivia. Find show notes at stackingbenjamins.com/taylor-schulte-1332 Find deeper dives tomorrow on ALL of these topics in our newsletter, the 201: stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Happy Saint Patrick's Day, Stackers! Have you ever found yourself wondering what are the expenses most primed to cut back on in order to stack some big-time Benjamins? Today's roundtable ponders that very topic: what are the 10 biggest expenses in life, and how to reduce them? We got the gang back together this week! Welcome back to long-time contributor and bunker-dweller, Len Penzo of award-winning lenpenzo.com; we say "¡Bienvendia de nuevo, amiguita!" to Paulette Perhach who's just back from her week-long trip to México; and finally....you know him, you love him, he tolerates us (sometimes)....it's O.G.! FULL SHOW NOTES: https://stackingbenjamins.com/friday-roundtable-1331 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Olympian and distance running star Kara Goucher joins us to share explosive details involving Alberto Salazar, the disgraced coach of the Elite Nike Running Team. She also shares her history of money and transitioning from running for fun to running for money…and then the triumphant battle back to running for joy. It's a story about greed, power, disturbing abuse, and more (doping, NCAA violations…), and yet it is still an uplifting, empowering story. In today's headlines, we dig into a piece from the Wall Street Journal that goes over signs that the long-running hot job market may finally be showing signs of cooling off. We'll also review a piece from Indeed.com about best practices to find a job (in case you'd forgotten). What does the cooling job market mean for you and your stack of Benjamins? Doug has some sports apparel-related trivia. And today's Haven Lifeline call discusses the pros and cons of rolling over pre-tax and Roth 401(k) balances from a previous employer to traditional and Roth IRAs while still early in your career. Be sure to listen to today's show! FULL SHOW NOTES: https://stackingbenjamins.com/kara-goucher-1330 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today we dive into the short-term rental game. Think it's difficult? So did our guest Lauren Keene Aumond, until she began practicing a few techniques she'll share today. Plus, in our headline segment, we'll talk about noise and real estate rentals. Do you need to pay attention to noise levels more? We'll also share how to budget for a property that may require a lot of work and how to find properties at a discount. All of that, plus we'll discuss a TikToker's advice on increasing your income by 50% AND Doug's trivia! Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Who's excited about Tax Day this year? Anyone? Bueller? Even though this year's tax-filing deadline is pushed back to April 18, don't let it sneak up on you! Today we welcome TheCollegeInvestor.com's Robert Farrington to discuss tax-preparation software. Which one is the right choice for you? Robert shares some of the pros and cons of many of the popular tax-prep programs available and helps YOU pick a favorite. And what's the state of the mortgage market? With The Federal Reserve on its inflation-destroying/interest-rate-hiking crusade, what does that mean for housing demand and the value of your home? We'll jump into the details in today's headline ripped from the from page of CNBC. Prepare yourself to be dazzled by Doug's incredible trivia skills and his uncanny ability to tie Women's History Month to his other love - chicken. Our TikTok Minute may leave you reconsidering your life path. And finally we'll throw out the Haven Lifeline to Angela, who has a question specifically for our friend Len Penzo about tax write-offs on his bunker. FULL SHOW NOTES: https://www.stackingbenjamins.com/robert-farrington-1329. Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Silicon Valley Bank's collapse is the second-largest FDIC takeover since the Great Depression. What does that mean for you, your money, and your long term plan? OG, Doug, and Joe gathered around the card table for a rare weekend discussion. They review what happened, what to expect, and how it may affect your future. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Discussing finances can be intimidating, especially for beginners. However, initiating regular money conversations early on can be a great way to introduce the topic and potentially set yourself up for financial success. In today's roundtable, we welcome Dan Sheeks, author of the new hit book, First to a Million: A Beginner's Guide to Achieving Early Financial Independence, Katie Brewer, a certified financial planner and professional money teacher, and OG, our in-house money expert and father of three. They will discuss the importance of having money conversations and provide tips on how to set yourself up for a life of financial abundance. But wait! There's more! Doug will try to stump our panel with some this-day-in-history-based trivia. It's a tie ballgame in our year-long competition; who will pull ahead? FULL SHOW NOTES: https://www.stackingbenjamins.com/dan-sheeks-1328 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today we invite three inspiring Stackers down to the basement to share their stories- Amy Minkley, an ex-pat who is hosting a Financial Independence Retreat in Bali - where Joe is invited to speak; Glenn Hebert, who built and sold his horse radio network (talk about niching down!); and the new Communications Director for Stacking Benjamins, Kate Younkin. Plus, in today's headlines segment, we'll learn about the guaranteed secrets to building wealth! What are they? We'll dig in with details that just might be too good to be true. Finally, Doug will share some horse-themed trivia. FULL SHOW NOTES: https://www.stackingbenjamins.com/community-stackers-1327 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices