Have you checked your credit lately? How does credit even work? Why do I have a low credit score? Today, Len Penzo, OG, and our special guest Gerri Detweiler tackle credit, credit cards, and hwo to best make your credit score your friend.

Halfway through the show we’ll take a break from our discussion while Joe talks to Carter Malloy from AcreTrader. When you think investments, does farmland come to mind? On today’s fintech segment we’ll talk to farmland a viable, attractive investment option.

After Joe wraps things up with Carter, Doug will jump on the mic to deliver today’s trivia question to our roundtable crew. Before the first transcontinental railroad was completed a coast to coast trip could easily cost $1000 or more. But how much did the trip cost after the railroad connected the two coastlines? Keep your answer in mind… but no cheating! Doug will give us the answer after the roundtable has a chance to get in their answers.

After we declare a winner for our halftime gameshow, we’ll answer a Magnify Money call from Andrew. Andrew and his family will be moving soon from their paid off condo into a townhome. Should the family use some of their emergency fund to pay down more cash on their townhome, or wait until their condo sells and use that money towards their new home?

Thanks to Ting for supporting Stacking Benjamins! Get $25 off your phone at sb.ting.com.

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Show Notes:

Ting

Thanks to Ting for supporting Stacking Benjamins! Get $25 off your phone at sb.ting.com.

Check out Ting

The Stacker

Looking for something deeper than what we give you on the show? Three days a week not enough? Subscribe to our weekly newsletter: The Stacker.

Sign up for The Stacker

Open

<7:27> Headlines

• Here’s What the Average American Owes in Credit Card Debt (Fool)

Our Contributors

Gerri Detweiler

Want to find more from Gerri? Check out her site at: Nav.com/podcast

Paula Pant

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

Follow Paula on Twitter: @AffordAnything

OG

Do you need some more financial help from OG outside of the show? Follow our link, StackingBenjamins.com/OG to get some one-on-one help from the man himself.

<24:48> AcreTrader

A big thanks to Carter Malloy for joining us from AcreTrader. You can learn more about AcreTrader at their site: AcreTrader.com

<40:18> Doug’s Trivia

• Following the completion of the first coast-to-coast railroad in 1869, the cost of an average trip across the US dropped to what amount?

<52:07> Magnify Money Line

Compare checking, savings, credit cards, and loans before switching. Magnify Money makes it super easy to compare, switch and save.

Check out Magnify Money

• Andrew will soon be moving homes. Would it be better to pay more cash down on the principle right away (and lowering the amount of cash in the family’s emergency fund in the process), or wait until their paid off condo sells?

Join us next Monday!