Learn the secrets behind never worrying about saving money again! We share the story of an individual who invested early and effectively, reaching financial security by 25, and how YOU can apply these principles regardless of age. Our main discussion highlights how to achieve financial freedom and the importance of staying disciplined with your savings over time, offering valuable insights into the pitfalls and opportunities of early investing and the flexibility it can bring to your lifestyle choices later on. Plus, we explore the balance between traditional investments and investing in personal growth opportunities for a brighter financial future.
In our TikTok minute, comedian Greg Warren addresses the topic of compounding interest and how the accumulative consequences of poor decisions can pile up in life. This sets the stage for our Better Call Saul…Sehy and OG segment where we tackle a listener’s question about disability insurance, offering practical advice for securing comprehensive coverage and understanding the importance of own occupation policies. We provide actionable tips and clear explanations that can help anyone navigate the often confusing world of insurance.
Doug’s trivia this episode revolves around the band Oasis and the quirky history of Ticketmaster fees, providing a nostalgic trip down memory lane for music fans. We wrap up with listener feedback, upcoming event announcements, and highlights like Joe’s adventurous dining experiences in Peru (including some surprising menu items!). Tune in for a packed episode filled with financial wisdom, humor, and a dash of Doug’s signature fun facts.
Show Rundown
- Introduction and Setting the Stage
- Welcome to the Stacking Benjamin Show
- Today’s Topic: Never Worry About Saving Money Again
- Headline: What If You Never Had to Think About Saving Money?
- The Power of Compounding and Investing Early
- Challenges and Pitfalls of Early Investing
- Flexibility and Lifestyle Changes
- Starting Late: It’s Never Too Late to Begin
- Trivia Time with Doug
- Money and Reconciliation
- College Sales Experience
- TikTok Minute: Comedian Greg Warren
- Disability Insurance Dilemma
- Listener Feedback and Reviews
- Upcoming Events and Final Thoughts
- Joe’s Peru Adventure
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
Our Headline
Our TikTok Minute
Doug’s Trivia
- How do the two founding members of Oasis know each other?
Better call Saul…Sehy & OG
- Nic, a residency physician, has an existing disability insurance policy that allows for benefit increases after residency. He’s weighing whether to stick with this policy or purchase a new own-occupation policy from a different company, which would involve a new underwriting process and higher costs. What should he consider when deciding between these options?
Have a question for the show?
Want more than just the show notes? How about our newsletter with STACKS of related, deeper links?
- Check out The 201, our email that comes with every Monday and Wednesday episode, PLUS a list of more than 19 of the top money lessons Joe’s learned over his own life about money. From credit to cash reserves, and insurance to investing, we’ll tackle all of these. Head to StackingBenjamins.com/the201 to sign up (it’s free and we will never give away your email to others).
Join Us Friday!
Get ready to uncover the hidden ‘gotchas’ lurking in your budget! Join Joe and roundtable experts Jen Smith from Frugal Friends, Roger Whitney from Retirement Answer Man, and our own OG as they dive into the sneaky expenses that can derail your financial plans.
Written by: Kevin Bailey
Miss our last show? Listen here: From Legal Briefs to Bistro Feasts: Erin Wade’s Story (SB1581)
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