Certified Financial Planner Taylor Schulte and his spouse saved over six figures for their dream home, only to find that all of their hard work nearly meant nothing. What went wrong with their real estate transaction? What could you learn from their situation? Taylor shares not only the painful details of his transaction but also important lessons on today’s show.
Of course, this is a Stacking Benjamins podcast episode, so that ain’t all. In our headlines segment, we’ll talk about a BIG mistake made by a popular celebrity. Lessons from John Cena being reportedly sued by Ford? We’ll share how it affects your money. Plus, we’ll also detail how much money parents spend on adult children. Is it enough? We podcast from our mom’s basement, so we’ll let you decide….
We’ll of course have more from the world of financial planning, throw out the Haven Life line to lucky listener Anon, who wonders how to get out of a sticky situation involving a 401k loan, score with some of Doug’s delightful trivia, and more.
Huge thanks to Roofstock (check out their massive real estate database AND their SPECIAL DEAL through 12/31) and MagnifyMoney.com (when you’re comparing financial tools like credit cards and savings accounts) for helping us with today’s show. They’re awesome companies and if you’re not using them, I’m not sure you know what you’re missing!
Subscribe below.
Show Notes:
<> Open
Browse Roofstock’s online marketplace of top retail rental properties around the nation. Invest in rental real estate around the nation with a partner who’ll help you find great renters and evaluate and hire property managers. Manage everything yourself or hand it all off to a professional team with a deep knowledge of real estate investing and operations.
Compare checking, savings, credit cards, and loans before switching. Magnify Money makes it super easy to compare, switch and save.
<5:09> Headlines
- John Cena Reportedly Sued by Ford for Selling 2017 Ford GT for $500K (Bleacher Report)
- This is how much money parents lose supporting their adult children (MarketWatch)
<11:42> Taylor Schulte
<32:21> Doug’s Trivia
- Why are so many doorknobs brass?
<37:03> 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.
- Anon took out a 401k loan, than lost their job. What’s the best thing to do going forward?
<43:50> Letters
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG
- David is fresh on the market…how should he be allocating his funds?
<> Join us Friday
Paula Pant, Len Penzo, and some interesting FinTech… what more could you ask for to kick your weekend off right way? Tune in!
[…] That chapter of our life is now behind us and I had the opportunity to laugh and vent about it on one of the top business/finance podcasts on iTunes this week – Stacking Benjamins w/ Joe Saul-Sehy. […]