Professional basketball player Tim Duncan is suing his financial advisor for losing $25M dollars. What went wrong? What’s the lesson for all of us? We’ll dig in today.
Deacon Hayes from The Well Kept Wallet joins the fun today, discussing commuting costs, illegal money habits and more with Paula Pant (Afford Anything) and Joe. We also take your letters, including one about the popular app Acorns, another on our “pay off your mortage sooner” strategy, and a third questioning the number of times Joe says OG’s name during the show.
Additionally, Shannon McLay from Martinis and Your Money may or may not join us this episode. We can neither confirm nor deny that she’ll be on the show…..
Does that sound like a circus? It’s just another Monday here at Stacking Benjamins!
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<> StackingBenjamins.com/MagnifyMoney – Compare your checking, savings and credit cards with the best available before switching. Magnify Money makes it super easy to compare, ditch, switch and save.
<16:35> My Dad’s Shortwave Roundtable
– Deacon Hayes – Well Kept Wallet
– Paul Pant – Afford Anything
We Spend $2,600 a Year Commuting To Work (CNNMoney)
The one person you should NOT unfriend on Facebook (Marketwatch)
Six Money Habits That Are Illegal (Bankrate)
<41:55> Your Letters
Jeff – Pay the house off early fund clarification
Yo – Stop saying “OG” so often
Chris – Acorns tax accounting question
(Thanks to Colton Dillion at Acorns for helping us answer the question!)
<54:00> End Show/Headlines
We discuss the new hit Pixar film Inside Out