The Stacking Benjamins Show

Feeling the pressure to constantly tweak your investments? Today, we uncover the surprising benefits of financial inaction with insights from CFP Dana Anspach, Len Penzo, and OG. We dive into the wisdom of sometimes doing nothing—because, as it turns out, sitting on your hands (financially speaking) can be a power move. Why lazy portfolio management might be the smartest strategy you’ll ever adopt (spoiler: it involves less work). The power of downtime—turns out, stepping away from your money might actually make you richer. Why your future self will thank you for setting up auto-pay (hint: fewer late fees, more naps). The sneaky ways peer pressure messes with your finances—and how to keep the Joneses from running your budget. When rebalancing your portfolio is necessary…and when it’s just a fancy way to micromanage yourself. A wildly unexpected insurance claim (because finances are never boring in the basement). Oh, and Doug’s got a trivia question about a particularly controversial activity that was banned—because, apparently, not everything fun is legal.Stick around for weekend plans, final thoughts, and maybe even a surprise or two (because we like to keep you on your toes).This episode originally aired on June 10, 2022. Please disregard any mention of current events.The original show notes can be found here.Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Discover the art of financial planning with insights that turn dreams into reality. Learn how to break big goals into manageable steps, ensuring each victory counts. Dive into tax strategies that can save you money over time. Understand the importance of risk management to safeguard your financial future. Simplicity is key, as often the best strategies are the easiest. Plus, hear why having a financial guide can transform your approach. Join in for an engaging conversation sprinkled with fun anecdotes and valuable advice!

Phil Reed, Senior Consumer Editor at Edmunds.com, shares invaluable car buying strategies, breaking down leasing versus buying and how to negotiate like an expert. The discussion touches on the emotional aspects of car purchases, with insights into market trends and the benefits of buying slightly used cars. The episode also features productivity hacks from Paula Pant, Dominique Brown, and Carrie Smith, focusing on managing time effectively, avoiding social media pitfalls at work, and tackling email overload—all seasoned with humor and relatable anecdotes.

Paula Pant, host of the Afford Anything podcast, and Jesse Cramer, from Personal Finance for Long-Term Investors, join for a lively discussion on financial preparedness. They break down the essentials for a financial 'go bag', debating critical documents, cash versus digital currency, and estate planning. The conversation takes a humorous turn as they explore password security methods and the right balance of emergency essentials. Expect anecdotes, trivia, and plenty of tips to help you navigate unexpected financial crises!

Dive into the maze of insurance and ensure your coverage is no joke! Discover the essentials of auto, home, life, and disability policies while avoiding the traps of unnecessary add-ons. Explore the wild world of oddball insurance, and find out which ones are just silly money sinks. Get insights on breaking up with a financial advisor and learn easy DIY moves to take control of your investment accounts. Plus, enjoy some lighthearted banter that makes understanding insurance surprisingly fun!

In this engaging conversation, budgeting experts Shaun Morgan and Kristin Wade break down the basics of mastering your finances. Shaun, the host of The Teacher Money Show, and Kristin, a coach from My Budget Coach, discuss how to track expenses and make budgeting enjoyable rather than punitive. They reveal creative ways to gamify saving, tackle real estate dilemmas, and explore the potential of renting out homes. Personal stories and lighthearted anecdotes add fun while driving home valuable insights into effective financial planning.

In this discussion, financial experts Paula Pant, host of the Afford Anything podcast, and Jesse Cramer, from Personal Finance for Long-Term Investors, tackle the debate on international stocks and their recent underperformance. They weigh the importance of diversification and historical performance, while exploring alternative investment classes like real estate and collectibles. The conversation also dives into quirky currency trivia, including the mysteries of a fictional $3 coin, all wrapped in humor and camaraderie.

Worried about job loss? Learn essential strategies to prepare financially and safeguard your future during layoffs. Discover the surprises of the Secure Act 2.0 and how it impacts inheritance rules for Roth IRAs. Ever considered the costs of owning a horse? Dive into the financial realities behind equestrian life. Plus, get ready for some fun trivia and unexpected lessons from tide pooling adventures. This lively discussion combines humor with solid advice to help you navigate life’s uncertainties!

Dean Carignan, an innovation scientist at Microsoft, and JoAnn Garbin, an innovation expert and founder of Regenerous Labs, delve into rethinking financial planning through the lens of Microsoft's strategies. They emphasize how lessons from Xbox's development can inspire innovative financial frameworks. The duo also discusses a recent scam incident that raises questions about consumer protection and financial accountability. Additionally, they touch on the importance of trusted contacts in safeguarding finances, particularly for elderly relatives.

Join personal finance experts Len Penzo and Jesse Cramer as they navigate the financial realities of romance, especially around Valentine's Day. They reveal shocking spending trends and discuss the true cost of love, from babysitting fees to restaurant markups. Discover creative and budget-friendly alternatives to traditional celebrations, plus the importance of financial transparency in relationships. With humor and listener tips, they show how to keep the romance alive without breaking the bank.