He had $140,000 in debt, a crappy paying job, and a baby on the way. What would Vincent Pugliese do? We ask the award-winning photographer that very question on today’s show. He’s photographed four Presidents and every major sport’s national championship in the USA, but his debt story will have you shaking your head today.
Plus, in our headlines segment, health savings accounts are all the rage, but what’s going on with all of this money sitting in cash? We’ll address that AND talk about new tax law spurring 401k contributions.
We’ll of course have more from the world of financial planning, throw out the Haven Life line to lucky listener Chris, who wonders, “Should a 20 year old hire a financial advisor?” Of course, we’ll still score with some of Doug’s delightful trivia, and more.
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Thanks to TurboTax Live for supporting Stacking Benjamins. Get a personal review of your tax return with a CPA or EA backed with a one-hundred percent Accuracy Guarantee. Connect with a TurboTax Live expert at TurboTaxLive.com/SB.
Compare checking, savings, credit cards, and loans before switching. Magnify Money makes it super easy to compare, switch and save.
- Growth of HSAs opens new market for financial advisers (InvestmentNews)
- Tax Reform Fuels More 401(k) Contributions (NAPA)
<10:50> Vincent Pugliese
Want to be entered for a chance to win Vincent’s book for free? Click here: Freelance To Freedom
Or, you could buy the book right away:
<32:00> Doug’s Trivia
- What is the difference between an Health Savings Account and a Flex Savings Account?
<37:37> Haven Life Line
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
- Chris wants to know if a 20 year old needs a financial advisor.
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG
- Kat explains why you have to wait 30 days after leaving a job before doing a rollover for your 401k.
Join us Friday!