It’s easy to find financial advice on the internet. But finding GOOD financial advice? You’ll find that’s a bit more difficult. With so many money “gurus” pushing their sage wisdom, how do you sort through all the noise and find the truth? We’ll discuss where the “truth” lies today, with some help from our contributors: Chelsea Brannon from Smart Money Mamas, Len Penzo from LenPenzo.com, and OG from this podcast. Today we’re tackling money, (bad) advice, and lies!

Halfway through the show we’ll take a break to talk to Eric Redline, creator of kid-focused money management app, NuMoola. Next we’ll answer a Magnify Money call from Scott, who wants to buy a home sooner rather than later. The catch? He doesn’t have 20% to put down as a downpayment. Should he charge forward anyway?

And don’t you worry, we’ll save some time for Doug’s trivia.

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Show Notes:

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Grammarly

Thanks to Grammarly for supporting Stacking Benjamins. Get 20% off a Grammarly premium account, go to Grammarly.com/sb.

Check out Grammarly

Audible: Power Moves by Adam Grant

Thanks to Audible for supporting Stacking Benjamins. Get Power Moves by Adam Grant for free when you sign up for a free Audible trial at Audible.com/sbpower or text sbpower to 500 500.

Check out Power Moves by Adam Grant

<> Headlines

• 4 Lies Money Gurus Tell You (Christine Luken)

<> Our Contributors

Chelsea Brennan

You can find more from Chelsea at her site: Smart Money Mamas

Drop a line to Chelsea on Twitter: @SmartMoneyMamas

Paula Pant

Check Out Paula’s site and amazing podcast: AffordAnything.com 

Follow Paula on Twitter: @AffordAnything

OG

For more on OG and his firm’s page, click here.

<> Doug’s Trivia

• What year did the five and dime store Woolworth first open?

<> NuMoola

Looking to download NuMoola? You can find it on the App Store and Google Play through Eric’s site: NuMoola.com

<> Magnify Money Line

• Scott would like to purchase a home sooner rather than later, but it’ll take him a couple years to save up a 20% downpayment. Should he wait on the purchase, or sign the dotted line?

Join us Wednesday!