Wonder how your super-saver friends make pocketing Benjamins look so easy? Well, we come bearing good news because your questions are all going to be answered on today’s show. MOST great savers trick themselves into saving more money and we’ll dive into exactly how and what they do so that you can replicate all of their tricks. Spoiler: it’s MUCH easier than you think. Michelle Jackson from the Michelle Is Money Hungry podcast will join Doc G from Earn & Invest podcast and Len Penzo from LenPenzo.com for today’s exciting discussion AND Jennifer Mah from Choose FI will read today’s piece we outline.
Plus, remember hearing about those hairdressers that had Coronavirus? During today’s not-so Fintech segment, we’ll talk to the Evil HR Lady Suzanne Lucas on what that means for your job.
We’ll round out the show by answering a voicemail about rebalancing. While Jeff had asked if there are fees or taxes associated with rebalancing, we aren’t stopping our roundtable there. During the Magnify Money segment our contributors will share their own rebalancing process. How frequently should an investor rebalance their portfolio? What should people keep in mind?
Of course we’ll also save time for some of Doug’s amazing trivia and much, much more. Enjoy!
Headlines: Tricking Yourself To Save More Benjamins
- 9 Ways to Trick Yourself Into Saving Money (MoneyNing)
- A special thanks to Jennifer Mah for reading today’s piece!
You can listen AND read more from Michelle at her site: MichelleIsMoneyHungry.com
Check Out Doc G’s site and podcast at: earnandinvest
Join Doc G’s podcast community here: Earn & Invest Facebook Group
You can keep up with the latest from Doc G on Twitter: @earnaninvest
Say hello to Len on Twitter: @LenPenzo
Check out Len’s website: LenPenzo.com
After our great discussion on ways to save more cash, we’ll turn things over to Doug’s trivia. Here’s his question:
- According to the Guinness Book of World Records, what is the longest canoe trip ever?
Friday Fintech Segment – The Evil HR Lady
A big thanks to Suzanne Lucas for appearing on today’s segment! You can find more from Suzanne at her blog: EvilHRLady.org
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.
- Jeff calls in with a question he thought of after listening to our 401k episode. He asks: are investors being taxed or paying extra fees with yearly rebalancing?
Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.
Join Us Friday
That’s all for this eight weeks! Next week we’ll be air some of our favorite episodes from the past. How can you make smart choices without knowing all the facts? We’ll answer that next week with a great interview from Annie Duke.