The Stacking Benjamins Show Are Money Gurus Feeding Us Lies? (SB1701)
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Jun 27, 2025 Paula Pant, host of the Afford Anything podcast, Jesse Cramer, a financial planner, and Doc G, known for the Earn & Invest podcast, gather to bust financial myths. They tackle whether budgets are really necessary and debate the effectiveness of strict financial formulas versus flexible approaches. The conversation dives into the myth of willpower in achieving financial stability and the impact of cutting up credit cards on spending habits. Expect laughs, trivia, and insightful discussions aimed at helping listeners find personalized financial strategies.
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Budgeting Is Not One-Size-Fits-All
- Everyone doesn't need a strict budget; find what budgeting style works for you.
- Consider the anti-budget approach: save first then spend freely what remains.
Budget Helps Expose Money Leaks
- Budgets are crucial for those who are bad with money to expose where leaks occur.
- Once financial habits improve, less rigid systems like the anti-budget can work better.
Avoid Rigid Financial Formulas
- Beware of gurus claiming exact formulas that promise guaranteed results.
- Look for advice presented with explanations and flexibility, not rigid absolutes.