The Stacking Benjamins Show Hot Financial Takes: Are You In or Out? SB1719
10 snips
Aug 8, 2025 
Joining for a lively roundtable are Paula Pant, host of the Afford Anything podcast, Jesse Cramer from Personal Finance for Long-Term Investors, and Don McDonald of Talking Real Money. They dive into hot financial topics, like whether cash or credit is best for beginners and the real trade-offs of delaying homeownership. The conversation covers essential insurance needs, the impact of hiring a CPA, and insights on Roth vs. Traditional 401(k) strategies. Plus, they debate target date funds and whether to keep collision insurance on older cars, all with a fun twist!
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Credit Cards for Beginners
- Using credit cards from the start can provide consumer protections and rewards.
- Use credit cards like debit cards and pay them off frequently to avoid debt risks.
Homeownership Timing Insight
- Delaying buying a home depends on knowing how long you will live there.
- Home buying is a lifestyle choice rather than a pure financial decision.
House Hacking Strategy
- Buy a primary residence right away and use house hacking to offset expenses.
- Rent out part of your home, like a duplex or in-law suite, to cover costs.