The Stacking Benjamins Show - podcast cover

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFPart19.com

Named Best Personal Finance Podcast by Bankrate.com and Kiplinger — and the only podcast the Plutus Awards retired from competition after winning twice — The Stacking Benjamins Show is personal finance that doesn’t put you to sleep.

Hosts Joe Saul-Sehy (former 16-year financial advisor, ex-WXYZ-TV “Money Man”) and Josh “OG” Bannerman, CFP (Certified Financial Planner, Bannerman Wealth) sit around the card table in Joe’s mom’s half-finished basement in Texarkana and talk money with the smartest guests in personal finance, investing, and behavioral economics. As Fast Company wrote, the show “strikes a great balance of fun and functional.”

Every Monday, Wednesday, and Friday: expert guests, real headlines, listener questions, and Doug’s trivia. Topics include investing, retirement planning, budgeting, real estate, behavioral finance, taxes, and financial independence — for anyone who wants to be smarter about money without being talked down to.

Subscribe to The 201 — the free newsletter that goes deeper than the show — at stackingbenjamins.com/201

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Episodes

Battle of the Sexes: Who's the Better Investor?

Are men or women better investors? We'll find out today...but who cares? Regardless, don't you want to emulate the traits of the BEST investors? Alexandra Taussig from Fidelity Investments joins us to share some finding from a new study on the sexes. We'll detail who invests and saves better and throw you some tips that'll turn you into a saving and investing machine. In our headlines segment we continue the conversation about investing, by focusing on a piece about chasing gains. Feel like your...

Aug 23, 20171 hr

Rocking and Rolling with Your Money (with Gooding)

What's a rock star and your money have in common? Rocker Gooding is criss-crossing the USA teaching kids financial literacy and today he's talking with us about money lessons and great music. He'll share some great money ideas from non-profit Funding the Future, and also share some of his hit songs. How up to date is your homeowners against catastrophic losses? ServiceMaster Restore's Pete Dunkanson joins us in our headlines segment to help you tweak your homeowner's coverage so that you're prep...

Aug 21, 20171 hr 10 min

How Not To Mess Up Saving For (or Financing) Your Next Car

How do you buy a car? Very carefully! Saving for a car can be a HUGE undertaking....and financing one can be even harder to pull off. Luckily, we have you covered on today's episode! We have car geek Jason Vitug, author of You Only Live Once paired with Elle Martinez from Couple Money and Renee Horne from USAA! Of course, we don't stop there. We also talk financial security with Jarek Kaplan from OppLoans. How do you get your money FINALLY moving in the right direction? He'll share how his compa...

Aug 18, 201751 min

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Aug 16, 20179 min

Where Financial Planning Goes Wrong (with Jason Mirabella)

Financial planning is often tactical instead of strategic. CFP Jason Mirabella realized just a few years ago that there was a better way to accomplish financial planning, and already he's seen amazing results with clients. How does his process work? Where are people going astray with their plans? We'll talk to Jason all about the good, bad, and ugly of financial planning on today's show. We'll even talk about why he doesn't love budgets, and how he helps people plan their daily finances with a b...

Aug 16, 20171 hr 10 min

Save More Money By Mastering Your Cash Flow with Al Zdenek

When you ask stock market pros what the key is to a great stock pick, they'll disagree...but MANY will say that "free cash flow" is a huge key toward winning. If it's great for companies, isn't it also great for people? Al Zdenek believes that cash flow is your key to success, and he's here today to share with you how to improve your cash flow so that you're able to In our headline segment we talk about the hottest mutual funds of the last three years. What do you need to know? Who are the bigge...

Aug 14, 20171 hr

5 Strategies To Save $1 Million (with an intro to Go)

How do you save a million dollars (we said in our coolest Austin Powers voice....). We'll discuss a recent online piece that goes over that on our Friday roundtable! Special guest, and Hip Hop's Financial Advisor Rob Wilson joins Paula Pant and Len Penzo in a no-holds-barred conversation on saving more money. Of course, we don't stop there. We also tackle a recent Time story about millennials. Apparently, ONE trick is helping them save more money. We'll share not only what it is but also additio...

Aug 11, 201753 min

How Much Have Sandwich Costs Risen? (with Len Penzo)

Hello, sandwich lovers! What better way to talk about the ugliness of inflation than comparing the cost of a sandwich from year to year? Len Penzo every year does exactly that. By comparing the cost of a sandwich, we tackle back to school costs, nutrition, and also the specter of inflation...all in one discussion. In our headlines segment we talk to Jamie Wise from the BUZZ Index (ticker BUZ) about online social media buzz about stocks. LOTS of chatter going on over the last month. We'll talk Ne...

Aug 09, 20171 hr 10 min

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Aug 08, 20171 min

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Aug 08, 20171 min

How Do I Invest My 401k? (Your Letters)

401k plans, Roth IRAs, Coverdell IRAs, separately managed accounts, and more. What do they have in common? YOU asked about all of these and more on today's show! Our letters episodes are some of our most downloaded podcasts and today we'll fill empty the mailbag by answering SEVEN of your questions to the podcast. In our headline segment we kiss the MyRA goodbye. Why did it fail? While we don't know the reason for sure, the guys discuss what might have gone wrong and if you were hoping to use th...

Aug 07, 201758 min

The 4 Best Ways To Invest (and an intro to Gumdrop)

What are the best ways to invest? In a recent piece, Ramit Sethi (I Will Teach You To Be Rich) detailed what he thinks are the four best starting points for people in their 20's. Are they the best? We're excited that Investment News' 40 Under 40 honoree Eric Roberge joins Paula Pant from Afford Anything and Joe to tackle all four of Ramit's strategies. Of course, that isn't all. Next we discuss the active vs. passive investment debate. Which is better? A recent piece says that this particular de...

Aug 04, 201743 min

How She Saved $15,000 a Year Just By Getting Organized

Why aren't you saving more? How about $15,000 a year more? Our guest today just organized her financial picture and saved a TON of money. Anna Davies saved by doing the little things that people talk about all the time. Today's topic isn't about "have you heard it." It's about "have you done it?" We also have time to throw out the Haven Life line, bring on Doug's trivia, share some bad jokes, and lots more.... Huge thanks to Roofstoc k for helping us with today's show. New to real estate or a se...

Aug 02, 201758 min

How Bernie Madoff Became the Wizard of Lies (with Diana Henriques)

Bernie Madoff perpetrated the largest scam of investor money in history. How? Today we're thrilled to talk to the author of the book which HBO has now made into a four time Emmy-nominated film, The Wizard Of Lies," Diana Henriques. We'll discuss the scandal, her interactions with Madoff, and what we can learn from this tragedy. In our headline segment we ask the question, "What happens to your HSA during retirement?" Morningstar asked the same question in a recent article, and the guys review it...

Jul 31, 201755 min

Confession: Our Biggest Money Mistakes (plus an intro to Yesterday's Tomorrow)

A big problem that we have at the Stacking Benjamins show is that nobody ever talks about their mistakes. So today....as our final topic, we discuss a BIG financial mistake we've all made. One of us shares a DOOZY. We'll let you listen to hear which one. We also cover (as we do EVERY Friday), LOTS of other topics, including perks that your company SHOULD offer if they want to keep employees long term, and also In our Friday FinTech segment we have a great guest...Neal Stern from AICPA joins us t...

Jul 27, 201758 min

SB500 5 HUGE Money Lessons from 500 Shows

Sometimes money lessons resonate. After 500 episodes, we've heard LOTS of lessons. Get a 15 year mortgage, get a 30 year mortgage. Pay off your debt faster, THEN save. Pay off debt slowly AND save at the same time. What advice is right? What sticks? On today's show we'll share what OG and Joe think stuck for them. Our Top 5 episodes have been some of long-time listener favorites, so today we're bringing it back with a special top 5....which 5 lessons from guests and contributors have been the on...

Jul 26, 20171 hr 13 min

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Jul 25, 20171 min

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Jul 24, 201712 min

2 Banks, 1 Hacker, and $50,000

What would happen if you lost more than $50,000 that was meant for your first home? Shannyn Allen lived that harrowing nightmare and she's going to share the story today. She unknowingly handed a hacker $50,000 , and will share the mistakes that were made around her situation, and will also let you know the steps YOU should take if you're even in a similar situation. It's a raw, horrifying story, and also one of the longest interviews we've done on Stacking Benjamins in a long, long time. In our...

Jul 24, 20171 hr 19 min

Stop Making These Critical Money Mistakes (plus an intro to Jobbatical)

Investment tips abound on today's podcast. We cover the keys to successful investing, so you can STOP making critical investment mistakes. Then we pivot to some money mistakes people on their 40's make (don't worry...even if you aren't in your 40's these will apply to you). We'll then talk about mistakes a certain bear in England made, and how you can avoid those. Jason Parker from Sound Retirement Radio joins our panel that also includes Paula Pant and Len Penzo on today's show! Want to travel ...

Jul 21, 201755 min

How Should I Invest $277,000 Dollars?

Looking for the reason to invest a quarter of a million dollars wisely? On today's show, Joe and OG answer your questions, including how to save a bunch of money away at one time. BUT that's not all. We throw out the Haven Life line, bring on Doug's trivia, share some bad jokes, and lots more.... Huge thanks to MagnifyMoney.com for helping us with today's show! Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Priv...

Jul 19, 201759 min

When Should You Pull The Trigger On Your Business Idea? (with Meg Gill)

Have a great idea for a business? Meg Gill, listed in the Forbes 30 under 30 entrepreur list, and co-founder of Golden Road Brewing joins us today to talk about how her education and athletic experience helped propel her to entrepreneurship at an early age. We'll also discuss mistakes that she's happy she got out of the way early so that she could avoid those later and scale up her company in a hurry. She talks about how starting with a product and a philosophy that you love is a better approach...

Jul 17, 201759 min

Does Money Buy You Privilege?

On today's show we discuss a Morningstar article that asks the question, "How do you get really rich?" Sadly, as with all things, the answer isn't as simple or as straightforward as you'd hope. Plus, we discuss a Russian billionaire who parks his yacht in front of the Statue of Liberty. Does money buy you privilege that other people don't get? We'll discuss. J. David Stein from Money For the Rest of Us joins us for this fantastic (and short!) roundtable discussion! Thanks to MagnifyMoney.com for...

Jul 14, 201737 min

The Crazy and Sordid History of Credit Companies (with Dr. Josh Lauer)

Ever wonder about the credit companies that seem to know everything about you? Now, although fair credit reporting laws exist, people STILL complain about unfair and outdated credit, but according to Dr. Josh Lauer, it used to be much worse. We'll talk to him today about the history of credit reporting in the United States. How did it work? Who evaluated your credit? How were the current three credit companies formed? It's a fun and sometimes frightening look at how credit has been and still is ...

Jul 12, 20171 hr

How To Save Your First $25,000 (with Scott Trench)

How do you get started on the road to saving? While you can't frugal your way to wealth, you CAN learn to be more efficient, and author Scott Trench joins us to share the first steps in his roadmap toward wealth. We'll talk about building the foundation you'll need to amass wealth...namely, how to save your first $25,000. Surprisingly, it isn't all just about focusing on your income, according to Scott. There are some ways you can make cuts in your life that will help you grow money faster. In o...

Jul 10, 20171 hr 5 min

Ways to Fortify Against the Next Crash (and an intro to Roofstock)

What should you do if you expect the market to crash? We ask our roundtable panel that very question today, including the woman behind the blog Mama Fish Saves, Chelsea. We also talk about side hustles. What mistakes do people make when deciding to work a second job or start a company on the side? Finally, we wrap up the show with an exciting discussion of a Moneyologist question....a man is giving all of his money to a church (and also money he doesn't yet have). Does his spouse have a reason t...

Jul 07, 201757 min

Betting "The House" On Your Goals (with The House director Andrew Jay Cohen)

Ever wonder what happens if you don't save enough money for college? Well, Will Ferrell and Amy Poehler didn't, and the result is the new hit movie The House. Director Andrew J. Cohen stops by to talk about the film, the hilarious financial-planning-gone-wrong premise, and how he became a director in Hollywood. BUT that's not all. Retirement Answer Man Roger Whitney sits in for OG on today's show. We share headlines about a widow being scammed out of over a MILLION dollars, and another about how...

Jul 05, 201759 min

Financial Independence? Early Retirement? Game on!

Excited about an aggressive retirement? Even if you're only mildly interested in the topic of financial independence, today's guest is going to light a FIRE under your plans. The Mad Fientist joins us today to talk first about his personal journey to an early out with a traditional job. We'll talk about the opportunities, pitfall, and even nerd out on some serious financial planning numbers you'll need to know if you're thinking about calling it quits at your job. In our headlines segment, we ta...

Jul 03, 20171 hr 9 min

Can Donald Trump Pick Stocks? (SB RWD 62)

We spin back the dial to a roundtable discussion two years ago which includes a discussion about then-nominee Donald Trump! A magazine wrote about President Trump's ability to pick stocks. We talk about whether ANYONE can pick stocks well.... If you're looking for political drama, we WON'T have it....but we WILL have lots of fun talking stocks, celebrities, and more. You can find the original show notes here: Is Donald Trump a Good Stock Picker? Learn more about your ad choices. Visit podcastcho...

Jun 30, 20171 hr

Becoming an Excellent Leader (SB RWD 61)

How effective are you at leading people? On today's show, our guests Dr. John Kotter and Holger Rathgeber discuss how to become a more effective leader and lesson's they've learned from coaching many of the top business leaders today to build better workplace teams. Plus, as usual, we'll have the same assortment of headlines, trivia, laughs, and your letters. Enjoy! You can find the original show notes here: Building Better Leaders and Teams Learn more about your ad choices. Visit podcastchoices...

Jun 28, 20171 hr 17 min
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