We collectively lose MILLIONS because we skim our company benefit package and quickly pick options, or we simply take what we’ve always had and ignore the rest. Today we’ll dive into the changing world of benefits. From tele-health to mental health and gym memberships, perks are looking different at companies than they did ten years ago. We’ll share what’s new in the world of benefits, what’s out, how to pick smarter, and shine a flashlight on some hidden gold in that gigantic pdf most of us receive to make our choices.
In our TikTok minute, we share the story of a hated football player and also a valuable money lesson. Do you have haters? Of course you do! Maybe you can learn something about cha-chinging the cash register in a quirky way on today’s show!
Of course, Doug shares his trivia, but we also open up a fun election-jitters contest. OG will explain, and we hope you participate. Joe will also unveil a new guide from Stacking Benjamins that could help you save thousands. He’ll walk you through the details.
FULL SHOW NOTES: https://stackingbenjamins.com/raising-money-smart-kids-1565
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
Our Headlines
- 3 big mistakes employees make with their benefits, from an HR professional with 20 years of experience (Business Insider)
- 5 Benefits Trends Every Employer Should Know – Las Vegas Sun News (Las Vegas Sun
Our TikTok Minute
Doug’s Trivia
- The MLK Jr. Memorial is strategically set in the sight line between the Lincoln Memorial to the northwest and what other memorial to the southeast?
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Written by: Kevin Bailey
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Episode transcript
[00:00:00] bit: So faced with the question, where did they go next with this podcast? The guys were recently joined by legendary musical genius, Bruce Dickerson, who’s agreed to be the new producer of the Stack and Benjamin Show. They were all excited to meet ’em. Hey fellas, I’m Bruce Dickerson. Yes, the Bruce Dickerson. [00:00:26] You have a dynamite sound. Fantastic sound. I have only one suggestion, [00:00:35] more cowbell. [00:00:50] Doug: Live from Joe’s mom’s basement. It’s the Stacking Benjamin Show. [00:01:03] I am Joe’s moms neighbor, Doug. And are you using your company benefits as well as you could? On today’s podcast, we’ll help you avoid mistakes and fit your benefits more squarely into your financial plan. But that’s not all. Do you have haters? Of course you do. Today, we’ll help you judge Ching, the cash register on people who want to bury you. [00:01:26] And of course, I’d never let a show end without delivering to you some of my hot. And fresh trivia. And now two guys who are helping you work your way toward a holiday weekend. It’s Joe and o. [00:01:45] Joe: Uh, happy Wednesday to you, stacker. So happy that you’re here with us. I am Joe Sulci, high average Joe Money on Twitter, and it is the Stacking Benjamin Show. And you know what that means? That means the guy across the card table must be, has to be Mr. og. How are you brother? [00:02:02] OG: Racing? Racing to the weekend racing? [00:02:06] Joe: I thought when you said racing, you’re like, yes. We got the motor up. Dougie’s gonna bring it today. Yes. He’s got the enthusiasm. That’s, and he’s just, [00:02:14] Doug: there was sarcasm, dripping with sarcasm. Racing to the weekend. [00:02:17] Joe: Is it too old to say he’s lover boy in it? You [00:02:20] Doug: know, that’s a pretty old guy reference [00:02:21] Joe: working for the weekend. [00:02:23] Have you seen that guy, by the way, Mike Reno [00:02:25] Doug: lately. No. Is Mike Reno like the lead singer of Loverboy and why do you know that? [00:02:30] Joe: Yes. So I do. ’cause when I, when, when I was in high school, the senior that drove me every day to school had two songs he played and I sat in the back right corner. I was never allowed to say a word. [00:02:42] I. I sat next to you, but well, that’s a different story. How do [00:02:45] OG: we get that to happen again? [00:02:48] Joe: I, uh, he played Born to Run and uh, the Kid is Hot Tonight by Lover Boy over and over and over on Full Blast. And so Doug, it is seared into my brain. ’cause on [00:02:57] OG: eight tracks you only had like what? A few songs per [00:03:01] Doug: Oh my G Oh, [00:03:02] Joe: hey, I [00:03:02] Doug: tell you guys, we got a great show today. [00:03:04] We’re talking benefits. You dude, you walked right? You brought this on yourself and now you’re trying to distract us. Do we have a disability [00:03:12] Joe: benefit that I could try to try to scam my way out of so I didn’t have to show up today and get this from you two? My good. Well, more from og, but anyway, great show today. [00:03:22] We’re talking benefits. We are gonna talk about making money Doug off of people that might hate you. How about that? You could finally make a few bucks. [00:03:30] Doug: The ultimate, I can’t say what I was gonna say. [00:03:34] Joe: Yes, the [00:03:34] Doug: ultimate letter [00:03:36] Joe: of the alphabet [00:03:36] Doug: U [00:03:37] Joe: totally the ultimate. We’re gonna share that and a great call. [00:03:42] But first we have sponsors that make sure this show is free so that you don’t have to pay for it. And we have some here and some at Doug’s trivia, and then the second half completely ad free. So a couple sponsors now and we’ll get this show in the road. It is Benefits day. So let’s move. [00:03:59] bit: Hello Darlings, and now it’s time for your favorite part of the show. [00:04:03] Our Stacking Benjamins headlines. [00:04:06] Joe: og. We’re getting close to that time. The time when everybody gets this, that either big PDF or, I don’t know, maybe they still get the huge book or the, the online thing that nobody gets [00:04:15] OG: books anymore. [00:04:16] Joe: They don’t, no. Maybe they get the, uh, abacus out. Take out some papyrus and Uh huh probably go online and they check out their company benefits. [00:04:28] We’re gonna start with a piece today that comes to us from a business insider written by Alicia Hall, who is an HR professional, been in the business for 20 years. She lists three big mistakes employees make when they’re choosing their benefits. The first one is number one. Not knowing your benefits and I’ve, I’ve found, okay, that when people, and it’s funny because you know, you get the benefits right in front of you, you and IOG have talked to HR professionals, though the number of people that have no idea all the cool things their company offers is just. [00:05:06] Astounding. I think it’s well worth the time to go in there and maybe, maybe call me crazy. Take a look. [00:05:12] OG: Well, especially once you get to open enrollment time, most people are familiar with health benefits. Maybe dental and vision, maybe a little bit of the disability, you know, benefits perhaps. But a lot of times there’s other things like. [00:05:25] Cell phone coverage or commuting benefits or public transportation benefits or employee wellness type benefits, whether it’s a discount on a gym membership or counseling or, you know, there’s all sorts of other things back in, you know, pages seven through 47 of that, uh, PDF and we focus on the big ones. [00:05:45] ’cause like, well I need health insurance and I need. Dental maybe, but there’s a lot of other things that they may, may have access to. [00:05:52] Joe: Yeah. Alicia says, to your point, a lot of companies adding benefits that they didn’t have before. Like, you know, the whole telehealth medicine thing is exploding, not just here but around the world. [00:06:04] She says that a lot of people, if you’ve been working for a company for 20 years and you just don’t open the benefits anymore, you keep ’em the same. You just sit the same and go on. Yeah. You might not know that you can call a doctor instead of going to see one. If it’s not a big thing, you don’t even have to get in your car anymore. [00:06:18] And also to your point, she says memberships and discounts companies offer gym memberships or discounts on fitness equipment. Uh, someone recently asked me if they could get a discount on their Peloton through work, and I looked it up and they could, I. Very surprising. Costco membership, Sam’s Club, I mean, the list of benefits that people have mm-Hmm. [00:06:37] Available is, is astounding. So those are a ton of benefits that people have no idea that they have. But you must see this in your practice. What’s a benefit? You see often when you’re working with people that they’re surprised that they have this benefit available. [00:06:51] OG: I’ll tell you the one that’s becoming more and more popular nowadays are linking your wearable to your health insurance. [00:06:59] What You know you have a Fitbit or even Apple Watch, or you have a Garmin and the insurance company, your health insurance company might have a program that will give you a discount. If you kind of sync those things because they can see, hey, you know, you’re doing 10,000 steps a day, or your sleep is really good, or whatever. [00:07:18] Companies are starting to provide a little bit more customization around your pricing because of your kind of where you fall. And those health things. I know John Hancock, for example, on the life insurance side of the equation, would give you a discount on your life insurance if you agreed to some regular frequency of a physical [00:07:37] Joe: Ah, yeah, [00:07:38] OG: yeah. [00:07:38] Like you don’t smoke and, and you’re like, yeah, I don’t smoke. And then you, then you get your life insurance, you’re like, thank God that’s over. You line up a pack. Right? I mean, I guess that doesn’t really happen, but they’re saying, we’ll, we’ll continue to give you these lower prices and lower them further in the future. [00:07:53] If you meet these hurdles, you know, and they’re relatively low lift type of type of things, like walk 5,000 steps a day or something. These things that we know add to longevity or things that we know add to. Better health benefits. [00:08:06] Joe: It’s funny ’cause on one side I’m like, that seems kind of big brother. [00:08:09] But on the other side I’m like, oh, big [00:08:10] OG: time. [00:08:10] Joe: If I hook this up and I know that I’m monitoring my steps, that it’s being monitored. I mean, what gets monitored gets respected. You actually do it. I know my health coach at Met Pro Jesse, she told me to buy this Garmin watch and just track my steps. I’m like, I don’t need to track my steps. [00:08:27] I’m good. I gotta tell you, man, the second I got this, I make sure I get my steps every day. And if I’m short. For watch I go, the car insurance [00:08:35] OG: world is doing it with, you know, you see the commercials, right? Progressive Allstate, Allstate’s got a commercial out. You’re not like all these other people. So why should you get charged like them? [00:08:44] Download our app and we can customize your pricing based on your driving. I get the alerts on my phone. Congratulations, you made a trip without touching your phone. You know, like they track that stuff and, and give discounts based on how, how you drive if you break aggressively and that sort of thing. So why wouldn’t that, why wouldn’t they also do those things for health insurance, for example, [00:09:05] Joe: the number two in number three ways that she has that, uh, people use their benefits wrong. [00:09:10] Number two, and this is a biggie not contributing to your 401k. She said, uh, either they don’t contribute to it or G or they don’t select investments. If the company offers a match, you’re also missing out of free money if you aren’t adding to it. I think we have railed against this a thousand times, but to see this as number two in this list, it’s just still really disturbing. [00:09:29] I. [00:09:29] OG: Yeah, if you’re getting free money from the company, it’s part of your compensation. I mean, I think most companies still do this, uh, send you an annual statement at the end of the year. This is your total comp. And it’s kind of funky because as an employee, you look at that and you go, well, this is kinda horse patootie, right? [00:09:45] It’s like, I. I know you paid me a hundred grand, but you don’t, don’t go out and tell me my total comp is 1 35. It’s like, well, no, it is. That’s how much it costs the company to employ you. They’ve got taxes they pay on your behalf. They cover a significant portion of your insurance, for example. And one of those benefits that they kind of count as part of your comp is your 401k match. [00:10:04] And if you’re, you know, if you get a 3% match and you’re, and you make a hundred thousand dollars a year and you’re not contributing to your 401k, you’re, you’re. It’s like walking into your boss’s office and saying, you know, nine a hundred’s too much, 97 would be better. It’s like, well, nobody would do that. [00:10:18] Take the free money. Please take it. Please send it to me. By way. If you’re good, like I get that too. You’re like, no, no, no, no, no. I’m doing one. I’m doing one solid for the company. Like take the money and we’ll take it and we will put it to recruit. Absolutely. [00:10:34] Joe: Yes, it’ll be, it’ll be well spent. Doug’s buy in for everybody at the Sizzler every Thursday when the specials roll out. [00:10:42] Number three on this list, uh, it has a lot to do with a show that we did a couple weeks ago. By the way, OG Tina and I, looking at the most popular places on the Stacky Benjamins website over the past two weeks, the most popular page, bar none. Is the show notes from when attorney Tim SRO joined us Bar none. [00:11:01] Way, way, way ahead of everything. People going immediately to those show notes and looking at, Hey, what are the things I’m supposed to do? What are all the things that you talked about? If you haven’t listened to our episode from a couple weeks ago on estate planning with attorney Tim sro, you definitely wanna do that because number three on this list, not having any beneficiaries while scary and dark listing a beneficiaries important if something happens to you once a team member got sick and she didn’t have a beneficiary listed. [00:11:25] Her family members called me as they were trying to figure out what to do and where the hell I put in the hell where, where her money was going be like, could you imagine No beneficiary listed? They sign up for the insurance, they don’t have a beneficiary. Uh, where’s our money going? [00:11:39] OG: It’s so mesmerizing that that still happens in today’s day and age. [00:11:43] It’s like, but I get sometimes why it happens. ’cause there’s maybe a change. Sure. A company switches over, you know, we have a retirement plan for Stacking Benjamins and we had it changed from. One company to another. The company sold it and said, well, we don’t wanna service this plan anymore. Had too much money in it, I guess. [00:12:01] And uh, rolling all that podcast dough, all that podcast money. But when you logged in for the first time, it said Review your beneficiary. You know, if that’s not part of your annual scan of, Hey, I gotta check all this stuff and whatever. I dunno what you’re doing. [00:12:14] Joe: That’s actually funny that you say that, because this happened, what, a month ago? [00:12:17] bit: Mm-Hmm. [00:12:18] Joe: And I haven’t logged in yet. I know. I’ve not yet logged in. So to this point. Even we make that mistake. Let’s pivot because I have a second piece here. I was wondering where benefits are going. ’cause Alicia, in this first piece, and I’ll link to these in the show notes page at Stacking Benjamins dot com, she references these trends and like adding telehealth and adding new things. [00:12:38] A piece from the Las Vegas sun. Uh, this is written by John Feeney, five benefit trends that every employer should know. I thought it’d be cool to talk for a minute about kind of where the ball’s headed with these wellbeing. Benefits are an expectation, not just a perk. Today’s employees, especially younger generations, are expecting employees to show concern for their wellbeing. [00:12:58] And so they’re expecting these fitness things, OG that you were talking about, these wellness things. Mm-hmm. The ability to maybe heck get the Peloton paid for, or some wellness stuff paid for. That’s where the ball seems to be headed for, for everybody and there’s, there’s no downside to that. I mean, I think we talk a lot about saving money. [00:13:18] If you wanna save money, especially in retirement, try to control those health insurance costs. ’cause do you remember offhand, I know I’m kind of sabotaging you with this, but what percentage of cost in retirement go to healthcare for the average retiree? It’s gotta be a big number. [00:13:33] OG: Uh, what percentage of costs? [00:13:34] Um, I don’t know. I, I was just talking about this the other day with somebody as it relates to, you know, financial independence. And I think as you age, the vast majority of your healthcare spending is in the back end of your life. Barring an anomaly throughout your life, a heart issue or something. But for most people it’s in the last 10 or 15 years. [00:13:56] But Fidelity has done a great job with this and they’ve got a study that says that if you’re a retiree, if you’re 65 and you’re, you know, a couple that’s retired today, you need to earmark 300 K of your retirement funds for healthcare out-of-Pocket healthcare expenses during retirement. For the average couple, 300. [00:14:15] Yeah. And I think if you’re 30 or 40, you can look at that and go, all right, so save some money in my HSA. And you know, I can probably kinda, I can see how that I can get to 300,000 in that account and that’s my healthcare account. Right? But if you’re somebody who’s been just working on financial independence and you’re back of the envelope calculating. [00:14:35] I spend 80 grand a year, therefore I need 2 million. ’cause Reddit told me the 4% rule always works and you know, blah, blah, blah, blah, blah. Rule of thumb, finger in the wind. And then I say, well no, you don’t need, you know, your portfolio isn’t 2 million to 1.7 because 300 of that, you need to kinda think about your marking for healthcare costs potentially. [00:14:56] That changes the math on that quite a bit, right? That changes your. Withdrawal percentages and that sort of thing. Undoubtedly that 80,000, some of that is comprised of healthcare costs, you know, your normal spending. Right? Uh, anyways, I think it’s important to, to run that out as a separate line item. When we do financial plans, we have a separate line item for healthcare costs in retirement and, and, and out of out-of-pocket Medicare costs and those sorts of things because that number, talking about inflation. [00:15:23] Is increasing at a rate. I don’t remember where this chart was. Might’ve been in the JP Morgan guide to the Markets inflationary changes since like 2000. Like what category? Healthcare is so far, number one, it’s not even close to me. It’s like healthcare, food. That’s not like, you know, you think about inflation. [00:15:40] Oh, inflation’s 3%. The government will come out and say, oh, we’re taming inflation. It’s 3%, it’s 3.5%. Life is good. It’s like that’s the average of all these things that we have put together to decide inflation for the average person. But if you’re somebody who has, I. A high spend in healthcare, maybe you have a chronic illness or something like that, your personal inflation rate is gonna be much, much, much higher. [00:16:03] And, you know, you can look back on history and see, see how that is. So I think it’s important to earmark that as a specific, uh, line item in your retirement budget, your financial independent budget before 65, and then after 65 and after, and apply a different inflation rate to that than your normal part of your plan. [00:16:20] ’cause that’s just, that’s just what’s happened in our lifetime. So I think it’s prudent to look at it that way. [00:16:26] Joe: This discussion of healthcare is another reason why I love that line from Sun Tsu, the Art of War, that the best battle is the one that’s never fought. Like, you know, this morning I did not want to go go to this, uh, weightlifting thing that I do on Wednesdays, and I just four 30 in the morning, og. [00:16:44] I just don’t want to go, but I don’t [00:16:46] OG: blame you. That sounds like a really dumb time to be lifting weights intentionally. But you know what? [00:16:51] Joe: By doing that and doing it before my day starts. There are so many battles I don’t fight during the day. I don’t fight the sleepies like I used to. But even long range, like you’re talking about, you may be able to have fingers crossed a smaller number in your financial plan for retirement healthcare needs than somebody else who oh, undoubtedly doesn’t go do that work. [00:17:12] Like the best battle is, I mean, [00:17:14] OG: to be fair, you could also work out at seven in the morning and have the same. Metabolic results is, I [00:17:20] Joe: could, but you always wanna record these at six 30 in the morning. So what do, what do you do? [00:17:24] OG: Yeah. That’s me. Yes, you’re right. I’m the one who wants to get up in the morning every, every week to record ’em. [00:17:29] Sure, buddy. [00:17:30] Joe: Number two, and this is an important one. Employers are striving to improve healthcare affordability for employees in their families. This is good for everybody here, OG is that your employer knows that healthcare costs just through the roof, and they are looking for every. Way possible because they know that so many people want wellness benefits to make that less expensive. [00:17:49] But I think at Avenue there a lot of people still haven’t explored. I know that the mega, the Mega Geeks have in personal finance world, but maybe a good portion of our listener base is still not explored the health savings account and that high deductible plan because that potentially, especially if you’re that person, paying attention to wellness ahead of time, might be a great, great plan for. [00:18:11] OG: I feel like the high deductible HSA plans are really gimmes and gotchas. You know, we’ve had it for a number of years. That’s what our company uses for our employees, and you’re right, the employer side of this. Is, it’s such a crapshoot. It’s really interesting how this all transpires. And I would love to actually, I wouldn’t love to ’cause it’d probably drive me crazy, but understand how this works at a bigger organization where there’s a little bit more negotiating power with our small team. [00:18:36] You know, there’s not a lot, but what’s really funny is I was talking to the sales rep a year ago and I said, Hey, you know, it’s November. I need to get these numbers so I can get the info to the team and we can get enrolled for the next year, and so on and so forth. And he came back and he says, look, I think I got your really great deal. [00:18:52] I can do, I think we can do like a 7% increase. And all I said, all I I, I didn’t, you know, I don’t know anything about this. I went 7%. Huh? All I said, and he said, yeah, you know what? I think we can get ’em to five. Let’s do five. And in that moment it dawned on me. They were making it up just as much as, you know, any, any, like, wow. [00:19:21] Some of that is a sales process. Some of it’s like, I don’t know what’s happening. You know what I mean? Like, I don’t know what’s going, wow, what happens at like General Motors and they’re doing, you know, insurance for 25,000 people or 250. I don’t even know how people, gm, you know what I mean? Like, what is a guy come and go like seven, no six, no five, no four. [00:19:39] Woo-hoo, we got you down to three. You know, but the, it’s just like, how is it not a no number? I don’t know. Healthcare is such a weird. Enigma of cost and spending and the person who figures out how to. How to rightsize that I think will be a supreme leader of the galaxy. At some point in time, [00:19:55] Joe: I still don’t feel good for you at a 5% increase, but I do feel bad for that dude. [00:20:01] He needs some more sales training. [00:20:03] OG: Yeah. Like, wait. Well that’s what I thought too. I was like, that wasn’t even an objection. I wasn’t even like, oh, I’m not doing 7%. I just went, wow, 7%. He went, I know. Just learned to shut your mouth, [00:20:13] Joe: man. Yeah, [00:20:14] OG: yeah, I know. So the healthcare expenses are clearly outta control at every level. [00:20:19] And on a trend to make it unaffordable. But what you can do is try to manage that in advance. There’s no guarantee, we were talking about HSAs. There’s no guarantee you don’t have a high cost year. And if that high cost year happens prior to you saving enough money to afford it, that’s the trade off, right? [00:20:38] The trade off is you say, I don’t think I’m gonna need the doctor very often, and since I don’t think I’m gonna need it, I’m okay with paying out of pocket up to this higher number than I would otherwise. And in exchange for that. Lower cost because I’m paying more myself. I’m gonna save the difference. [00:20:53] Personally, I’m not gonna let you save the difference by being an insurance company. I’m gonna save the difference, and that works out great. If you have a low cost year, if everything’s going according to plan, and then your son gets dumped in the middle of the field and snaps his collarbone into in the middle of nowhere, America, hypothetically, hypothetically speaking, you know, and needs, you know, surgery and like, boom, that’s a $45,000 bill. [00:21:17] Thankfully the insurance costs covered a lot of it, but, but we’re out of pocket for that. Right? That’s our high deductible part. And you know, if that had happened in year one and not year five, we might not have had the savings built up. You know what I mean? The cashflow wouldn’t have matched out. So it’s a great long-term benefit. [00:21:33] It’s a great long-term savings vehicle. There’s competing ideas of whether or not we keep it for a long time or pay as you go. You know, we’ve had a couple of different people on the show over the years talk about. How they prefer to do that and the pros and cons for that. Yeah. But really it comes down to cash flow. [00:21:50] And if you can swing it for a couple years and kind of get ahead of that curve, then it’s golden. If you pick it on January one and January 8th, you’re in the hospital with six weeks for pneumonia like you are hose home goes the champ. You know, it’ll take a while to comfort from that. So I think it’s still the best program out there. [00:22:09] Joe: Uh, me too. The thing I worry about is, uh, the super mega geek who’s like, Ooh, I’m just never gonna go to the doctor. I’m just not gonna go, I’ll rub something on it and hopefully that, uh, something they sell at CVS and I could just stitch this up or whatever it might be. Yeah. And I know that wellness checks in, in most of these plans are included. [00:22:26] You, you’re allowed to go in for your wellness check and you should do that. But I’ve heard so many reports of people that don’t do that because they’re like, oh, no, no, no, no, I don’t wanna, like, the misinformation around around these is pretty tough. Well, [00:22:38] OG: and you have to manage a lot of this stuff. That’s the problem. [00:22:41] It’s like, if you go to your point about health, telehealth. There’s always that weird thing of like, are you gonna run this through the insurance or not? And if you’re running it through your insurance, it’s like, okay, that is gonna go a different path. You’re still paying out of pocket, but now there’s a lot of other people involved in this and the price might be different. [00:23:01] I’ve told the story on the show before about my son who broke his arm, different son and we, maybe it’s Samsung. Actually I think about it. Dammit. Anyways, there’s [00:23:09] Joe: one [00:23:09] OG: in [00:23:09] Joe: every [00:23:10] OG: family. One of these kids keeps on breaking stuff and I can’t remember which one it is, but. Um, I think they’ve all done it honestly. [00:23:16] Anyways, you walk in the door and the first stop is the money people. It’s not like check in triage, oh, I got a busted arm. It’s like, cool, how are you paying? You’re like, can I make sure you can pay first before you see anybody? Yeah. And basically the long and the short of it was, was the person that you’re paying cash or you have an insurance cover it. [00:23:32] And I said, I don’t know how much does it cost? And she said, we don’t know. And I said, is this your first day? Is it the first time we’ve ever. Casted an arm for a 13-year-old boy, like it’s a big hospital. It says children’s on it. It seems to me like you guys have done this before. You must have some idea of the cost. [00:23:47] No, we don’t. Went back and forth. I said, well, I’ll pay cash, and we wrote a check for $500 as a deposit knowing that there’s gonna be some future bill. We never got a future Bill called on it and they said, no, your pay was, it’s like 500 point, 500 bucks was good. It’s almost like they made it up on the spot, like, oh, we’ll take 500 cash to not have to go through the insurance side and dah, dah, dah, dah. [00:24:07] All of this rigamarole. And I said, well, how much was it if we went through the insurance, 2000 would’ve been our out-of-pocket cost to go through the insurance cost still out of our pocket because we have a high deductible plan. Right? Sure. And so you have to manage that too. And that’s some a a little different process than you’re used to just showing up at the doctors and going, here’s my card. [00:24:26] And they go, it’s 40 bucks or whatever. You have to like kind of play the game of going, well, blood work. I mean, I can go to Quest down the street and do that. It’s 80 bucks or my insurance will cover it and it’s. 150 that I gotta pay, like, you know what I mean? You have to manage a little bit more of this on your own and be okay with doing that. [00:24:44] That’s another a kind of unwritten, talking about the money geeks going Optimize, optimize, optimize. There’s a part in there that you also have to recognize now you’re in charge of this. You don’t just abdicate the responsibility of managing it. You’re now the manager. It’s a weird, and it’s a sad state. I mean, it shouldn’t be that way, honestly, but it just is so, [00:25:06] Joe: it’s just like having to pump your own gas. [00:25:08] OG: Like that is just, I mean, that’s what kids are for. [00:25:11] Joe: Duh. This is a good one. Employee financial health is a top wellbeing focus. A recent survey revealed employee’s, number one, wellbeing focus is improving their financial health. 51% of people say they’re nervous about their, about their money, and they’re telling their employers. [00:25:25] So employers are, they say, [00:25:26] OG: uh, there was a great quote I heard the other day about this. [00:25:30] bit: To remind you that the only thing keeping you from achieving all your dreams and having all of the things that you’ve ever wanted is, is probably money. [00:25:47] That’s it. Just lots of money. So if you could just, just get lots of money, you could probably have all that stuff that you wanted. [00:26:00] Okay. Just, just go get a bunch of money somewhere. [00:26:04] Joe: That’s it. All you gotta do and if your employer can help you get, I mean, the perfect person to ask for money is your employer. ’cause they got the money. And if you just, you know, put in the hours, uh, slowly, you can drain them of that money. [00:26:18] OG: Always drain them. [00:26:21] Joe: The next one’s on this list, employers, we already talked about this earlier, offering more family focused benefits and mental health support. But on the last one, cultures are aligning with employee values and needs. Those are replacing toxic corporate cultures. And at first, that sounds kind of woo woo to me and I roll my eyes a little bit, but then. [00:26:38] You know what, og we just saw this this week in the National Football League just a week ago. One of the best teams in the country is the Miami Dolphins and their quarterback to a tega. Viola just opened up to, uh, Dan Lebatard on the Dan Lebatard show about, uh, his problems with his, his former coach, Brian Flores. [00:26:58] bit: A coach who did believe in you the way that he did and the difference. Can you explain to us the difference in practical terms between having a coach who did believe in you the way that he did, and the difference between that and what was happening with Flores? Yeah. Well, to put it in simplest terms, if you woke up every morning and I told you, you sucked at what you did. [00:27:24] That you don’t belong doing what you do, that you shouldn’t be here, that this guy should be here, that you haven’t earned this, right? And then you have somebody else come in and tell you, dude, you are the best fit for this. You are accurate. You are the best. Whatever you are this, you are that. How would it make you feel listening to one or the other? [00:27:47] You see what I’m saying? And then you hear it. You hear it regardless of what it is, the good or the bad, and you hear it. More and more, you start to actually believe that. [00:27:56] Joe: I think the days of ruling with the stick kind of going away, you just feel that all over the place. And when you see an NFL player talking about, uh, ’cause I don’t know if you, you’ve had those jobs OG where your boss tells you every day, man, you suck at this. [00:28:11] It’s tough to go back to work in that environment. Good to see companies are getting the, getting the message. [00:28:16] OG: Did you say past tense? Are they getting the message though? I think, are all the companies getting the message? Do you feel? Are they, is that really what’s happening? United States Marine Corps would like a word. [00:28:31] You. You are the best recruit ever. I can’t believe how great you’re doing your situps and pullups today, og. You’re so good. Could you imagine me? I’m good enough and I’m smart enough and dog got it. I can fight for our country. [00:28:43] Joe: Could you imagine? Uh, sir, can I have a word with you? You know, this negativity, this leading with a stick. [00:28:48] It’s really not working for me. It’s really not working for me. [00:28:50] OG: Yeah, yeah, yeah. In fact, uh, funny story. So when I was in bootcamp, and this probably happens to everyone, one of the recruits in my platoon, his mom was super nice and sent a bunch of candy. It was great. The first week we were there has this huge box and we all got to share it and everybody’s like, this is pretty cool. [00:29:11] I guess it’s not gonna suck for the next 13 weeks. I mean, every so often we get a little care package and some candy. Hell yes. The next week, another kid’s mom and dad sent a bunch of candy and snacks and all this stuff. This had a different result in week two. The different result was that young man was meant to eat all of it while we exercised, while he ate all the Twizzlers and he had to eat all of the Twizzlerss and she didn’t pack one thing of Twizzlerss because there was like 80 of us. [00:29:44] She was nice enough to pack lots of Twizzlerss, and I don’t exactly know how many Twizzlerss were in that box, but it was a big box. And based on the amount of Twizzler out. I could witness. Um, it was a lot of Twizzlerss that went in to have that much Twizzler out. [00:30:04] Joe: Oh no. And [00:30:05] OG: um, was he [00:30:05] Joe: exercising too or was everybody else exercising while he ate? [00:30:09] OG: Everyone else was exercising while he sat there and ate. [00:30:11] Joe: Yeah, yeah. [00:30:12] OG: Until he got full of Twizzlers. Literally filled up to the top and overflowing with Twizzlers. Then we got to stop. That’s, it’s a different world back in the nineties, I guess. I don’t know. Maybe they’re not allowed to do that anymore, but that seems like it was both. [00:30:27] It was like a fake out of, hey, you can have candy, and then the stick like behind you just clubbing you on the head. The amount of letters that went home that night of mom and dad, please God, do send anything ever. Don’t ever write. Don’t do anything ever. I will be home in 13 weeks. Leave me the hell alone. [00:30:44] Forget the email I sent [00:30:45] Joe: last week. Forget the email I sent last week. Yeah, [00:30:46] OG: there was an email then, buddy. It was, uh, snail mail and so it most decidedly got caught. You know, it was like this transfer of like days on end to trans mail, stuff back and forth. You’re like, oh God, I hope my mom’s super lazy. I hope my mom’s super lazy. [00:31:00] I hope my mom’s super lazy. [00:31:04] Joe: Hey, let’s transition from that. By the way, this goes into our TikTok minute greatly. Every Wednesday we shine a light on a TikTok creator who is either saying something brilliant or air quotes brilliant Doug, I, I learned my lesson from last week. We got some brilliance or some air quote brilliance this week. [00:31:20] Doug: Uh, it’s been long enough of air quote. I think this one’s gonna be right on. [00:31:24] Joe: Well, you are spot on because one of my favorite people to follow on, uh, TikTok is, uh, is sports writer Jeff Perlman. And Jeff wrote for Sports Illustrated for a long time. All he does on his tiktoks, there’s no dancing, there’s no, he just tells stories about things that happened to him when he was a reporter. [00:31:44] This is his story about a guy who played football in the 1980s. Named Brian Bosworth. [00:31:52] bit: Never heard of him. 1987. Brian Bosworth, straight outta the University of Oklahoma is a talking first year middle linebacker with the Seattle Seahawks and he is just an asshole. Talking, complaining, whining. He demanded he was upset because the NFL wouldn’t let him wear number 44, so he had to switch to 55, and he’s complaining. [00:32:14] Everyone hates Brian Bosworth. I interviewed a ton of teammates for the Bo Jackson book. Teammates. Hated Brian Bosworth. He’s just a pain in attention, et cetera. Well, one of the things Bos does as a rookie is he talks lots and lots about John Elway, the Denver Bronco star quarterback. The Seahawks travel to Denver to play the Broncos. [00:32:32] It’s the first time John Elway is gonna face Brian Bosworth and lead up to the game. Brian Bosworth is like, I’m gonna shut that horse face, Mel. All he does is call him horse face. I’m gonna shut horse face, Mel, I’m gonna horse face up, blah, blah, blah, blah, blah. Horse face, horse face, horse face. And it gets so heated that at the game outside the Stadium Mile High Stadium in Denver, all these shirts are being sold. [00:32:52] Anti Brian Bosor shirts, right? Crush the B. These different shirts and tons of ’em, thousands and thousands and thousands of these shirts are being sold because we’re gonna show Brian Bosworth that he sucks, blah, blah, blah. The person who is selling all the T-shirts and was responsible for making the T-shirts, Brian Bosworth, [00:33:16] Joe: just genius. Genius. Everybody hates you. [00:33:21] Doug: Let’s make some money off it. I don’t think he was making that many t-shirts after Bo Jackson ran ’em over. I think he uh, I think he got humbled pretty quickly after the Bo Jackson game. [00:33:32] Joe: I think he might have known Doug that he had to make money quick. Like I remember, I’m old enough to remember Brian Bosworth and I think even he probably knew, man, I gotta make some money quick ’cause I’m not very good. [00:33:41] Once I got to the NFLI am not as good as, uh, maybe even, I think I am so. Make some money. How do you find ways to make money? Make money off your haters? Brilliant. Brian Bosworth. Those were a lot of beeps. That’s a lot of beeps. Yeah. Steve [00:33:56] Doug: earned his money on that one. [00:33:59] Joe: Coming up next, OG has something big. [00:34:04] Now that we’ve got the conventions behind us, you’re gonna wanna listen in because it might be a chance to win something that Stacking Benjamins is coming out with that. Uh, well, I. Based on our headline, I think a lot of people need this og, but first Doug, you’ve got some amazing trivia that marks a big day in history today. [00:34:22] Doug: Sure do. Joe. Hey there, stackers. Can I just say, I loved Monday’s show with Dr. Zaki about hope for cynics? Dr. Zaki brought up hope. And on today’s date, way back in 1966, Martin Luther King Jr. Gave what one man described as the second biggest speech on the Washington Mall. His famous, I Have a Dream Speech. [00:34:44] Today, King’s legacy and speech are commemorated at the Martin Luther King Memorial, one of only four memorials to on or near the Washington DC Mall area. To honor a non president and the first to honor an African American, you may know that the designers of these memorials think of every detail the same way I craft these trivia questions with every point considered the statue called Stone of Hope depicts. [00:35:10] King emerging from granite, which is a reference to a line in the, I Have a Dream speech when he said, out of the mountain of despair, a stone of hope, and just like I sit strategically between Joe and og, so a fight doesn’t break out. Even the sight lines of these monuments have been thoroughly examined as proof. [00:35:28] Let’s make that today’s question. The MLK Junior Memorial is strategically set in the sight line between the Lincoln Memorial to the northwest and what other memorial to the southeast. I’ll be back right after I figure out how much money it’ll take to make a memorial out of our cat. Cooper, what a fun little guy. [00:35:56] Hey there, stackers. I’m Texarkana number one, memorial creator, and apparently future Taxidermist Joe’s mom’s neighbor, Doug. Turns out there are two facts I should have known before thinking about a memorial to our cat Cooper. First, the word memorial actually denotes in memory a K, A, you’re dead. So because Cooper’s still happily alive with us, he doesn’t qualify yet, and B. [00:36:20] Have you seen the budget for these things? For the Martin Luther King Jr. Memorial? It was a whopping $120 million. When I asked the neighborhood kids for a donation, so far I’ve collected half an eaten box of cracker jacks and three pieces of slightly used copy paper. So, uh, you know, not the start I was hoping for. [00:36:38] But I do have good news, which is that I’m holding the answer to today’s trivia question. MLK Juniors is on a sight line between which two others to the Northwest, the Lincoln Memorial, and to the Southeast. Of course, that would be the Jefferson Memorial. And now let’s give some hope for more financial tips from Joe and OG. [00:37:01] Joe: Made this funny OG with the now second convention behind us last week. We’re hopefully in the home stretch of, uh, all the rhetoric from this campaign. But you know what’s gonna happen with people and their money, it’s going to get crazier. And so, two things I wanna bring up. First one is you have a, uh, well, a little contest for us and I’ve got something to announce that we can maybe tie to your contest. [00:37:29] What are we gonna do? [00:37:30] OG: Everybody’s asking the question, Joe. Uh, not everybody. Some people are asking the question about what do I do if blank wins the election? What do I do if blank doesn’t win the election? Depending on which side you’re on, and I’ve got some interesting stats here that I thought we could turn into a little bit of a contest. [00:37:49] And just to be clear, a contest in a sense of. No prize for winning. So you don’t have to do any research on this, just go with your gut. That makes it more valuable to just kind of internally like guess. And then, uh, and then if you feel like trying to do some math on it, that’s cool too. Uh, we’ll disclose the actual numbers in the future and [00:38:06] Joe: we’ll give some prizes for participation though. [00:38:08] Yeah, yeah, because we’d love, we’d love for you to go in and just do your gut check. Yeah, just go. Yeah. I think if this, if this happens, this happens, this happens. So we will have three winners, but those will be chosen at random. So [00:38:21] OG: yeah, please. It’s not closest to Yeah, don’t, yeah, do not cheat. Well, there’s no benefit to doing it. [00:38:26] The whole idea is to, like you said, a gut check here. All right, so here’s the three questions. 1961 to present, we’ll say end of 2023. So 1961 to 2023, what is that? About a 50 year time horizon, 52 years, give or take. Here are the three numbers that you’re gonna guess. And again, like Joe said, no sense in trying to calculate it, cheat Google it. [00:38:51] We’re not giving prizes for closest to, but just participation, but it’s a great gut check. So January 1st, 1961, you invest $10,000 into the s and p. From from 1961 to 2023, end of 23, so that’s 60 some odd years during that period, you only invested when Republicans were president. Got it. So if you’re so Republican was in office, your money’s in the s and p. [00:39:15] If the Republican’s not in office, your money’s out of the SP. You’re like, [00:39:18] Joe: Ooh, can’t invest when Democrats are in charge. I can’t [00:39:20] OG: invest when this guy’s president or this woman’s president. Okay. Number two. So you’re, so that’s your first guess. How much money do you have at the end? Dividends reinvested that period. [00:39:29] Only investing when Republicans are president. Number two, same thing. Only investing when Democrats are president. So Democrats in office, boom, your money goes in, Democrats not in office. You take your money out. No points for having money in cash. You don’t get cash returns. Okay? So that’s your second guess. [00:39:45] Only Republicans, only Democrats. Third guess. I think people are figuring out where this is going. You put your money in in 1961 and you don’t freaking touch it, and now it’s 20, 23 and December, and now how much money do you have? So three different numbers. How much money would you had if you started with $10,000 in three separate buckets? [00:40:03] Only invest with Republicans. Only invest with Democrats or just let the money run. Just let it ride. What’s the ending value? 60 years later with each one? Uh, so we’d love to have you play. It’s, uh, we’ll talk about what the numbers are maybe in what, two weeks. So just give you a couple of weeks to kind of, uh, to enter this contest. [00:40:23] Again, no prizes for being closest to, we will award prizes to people who enter and that’s where you come in. Joe, what do we got for our. Our contestants, our participants, [00:40:34] Joe: oh, this is great. Our team, as you know, OG, has been working on this for quite a while behind the scenes. But, uh, starting in early September, we’re gonna be releasing a brand new, the first of five guides that we’re going to be releasing. [00:40:48] But it is a guide to your benefits. And the cool thing about this guide, you buy the guide one time, and as long as we’re making it, you. Always have access to it. We’re going to update it as the laws change. And you know, from the time that I started, man, so many things have changed where I feel like it’s changing all the time. [00:41:06] We just talked about during our headline, how often your company changes benefits and how people don’t know about that. The average person changes jobs 4.2 years, so whether the government changes it, your company changes it, or you change jobs, you always have lifetime access. To the guide as long as we have it, you are going to continue to be able to get in. [00:41:27] You just buy it one time. So we’re gonna be launching that. We’re gonna give away three of these for free og. And once again, not to people that are closest or anything like that, we’re just going to, if you participate Yeah, it might be closest. Yeah. I think it’s just a good, it’s not a criteria for what, it’s a really cool thing to do to participate. [00:41:43] ’cause then you kind of feel the. The emotions of it yourself, you know? Yeah. Just put down what your gut is on all three of them, and we will then share it with you. But it’s stacky Benjamins dot com slash contest. We will also then tell anybody that participates in the contest when the guide is actually released. [00:41:59] We’re anticipating September 3rd. We’re still tweaking it though. So, uh, hopefully it’s released on the third, but it’s the second it’s released. You’re gonna get, uh, notice that, uh, that we. Release the guide we’ll give you, [00:42:10] OG: we’ll keep the page up until, uh, evening of the ninth, whatever that is. Sounds great. [00:42:14] Yes. Uh, Sunday I guess, and then on Monday. The 10th, is that right? Talk about it on the show. We’ll, we’ll put it on the show, absolutely. Or maybe no, Monday the ninth and we’ll talk about it on the ninth. So the eighth I guess, whatever that’s, whatever that’s, whatever that Saturday is. Dates not a strong suit. [00:42:28] You know, there’s probably a device somewhere where you could like look and get a forecast for what days are in the future. I feel like it’s pretty uniform year to year. Like you can have a pretty good guest, but anyway, a couple weeks just, you know, 10 days or whatever that is. Jump onto Stacking Benjamins dot com slash contests and put your three guesses in and then we’ll, we’ll talk about it. [00:42:45] Doug: A couple weeks. I wonder how they’re gonna redo the data on this after, uh, I win this next election, like when the first independent wins, what happens to the stock market? We just start again. Yeah. Start new. [00:42:58] Joe: It’ll be all new after. RFK takes this one. What is that what you’re talking about? After RFK takes [00:43:04] Doug: this, Joe’s gonna take it, bro. [00:43:05] Uh, Joe, I’m, I’m running too. Oh, you’re aware. A write in Canada. I forget we ever, oh my God. [00:43:11] OG: The fundraising is not as strong as we would’ve hoped. But [00:43:14] Doug: speaking of [00:43:15] OG: sales skills, apparently the branding also, and, uh, I’m, [00:43:19] Joe: I’m, I’m ripping that dude’s sales skills, no idea. Let’s be clear. If you not only are here because you need help with your benefits, like you saw the headline for Today show and you went, oh, that’s why I’m listening. [00:43:33] You just need a financial plan that actually is coherent. You know what? It’s not about a guide. It’s about making sure everything dovetails and OG and his team are taking new clients. So had to stack your Benjamins dot com slash og and that’s the way to get onto his calendar. That’s the first step to a meeting with OG and his team to, uh, make better decisions and make. [00:43:53] All of your financial decisions dovetail in the future. I get emails about that all the time. I feel like we say that almost every show, OG and I get emails from, how do I get in touch with og Stacking Benjamins dot com slash og. Uh, time now at the end of the show for us to put our feet up enough financial planning talk Doug what’s happening out of the back porch today? [00:44:13] Doug: Uh, well, what I’m hoping we can dedicate all of the time on the back porch is to talking about the greatest show on television below Deck, Mediterranean. [00:44:24] Right. I mean, that’s what we, the listeners are craving it. Oh [00:44:27] Joe: man. [00:44:28] Doug: You know, if, if you’re not down for that right now, did you see, I could talk about, did [00:44:32] Joe: you see before you go farther, the horrible shipwreck where the people died? The super yacht that went down last week? [00:44:37] Doug: Yeah. As a matter of fact, I did the Bayesian, I believe it was the name of that yacht. [00:44:42] It was one of the largest sailing horrified yachts in the world. It had the largest aluminum mast in the world, and they’re now saying that it appears as a, a seas spout. Basically, a tornado on water hit that ship because there were other ships nearby that certainly they were impacted by the storm, but not like that. [00:45:02] Not like that ship. And watching the below deck Mediterranean episode that I watched last night. I actually think, see I’m always gonna bring it back. I actually think that the ship in that season that I was watching was docked next to that sailboat. Oh yeah. It was amazing watching that. And since that’s in the news right now, I was, my eyes, uh, opened wide. [00:45:23] ’cause I think, man, I think that’s the ship that went down. Yeah. Horrible tragedy. Uh, [00:45:27] Joe: we took a, a day trip from Nice when we were at the South of France to San Tropez. Where all the stars go. I’m sure the Below deck Mediterranean, they stop at San Trope all the time, I would think. ’cause there were, there were super yachts all over this place. [00:45:41] Like it was amazing. I was talking to somebody yesterday, person that brought this up. I hadn’t heard of it yet. She goes, oh, did you? She knew, she knows ’em in finance and said, Hey, did, did you see the, the super yacht that went down? It seems like a yacht that big would have craft attached to it where people could get off while it’s sinking or whatever. [00:45:57] Now that I know the details, there was just, [00:45:59] Doug: yeah. Yeah. I don’t think there was any time, and I think it was a very violent. Uh, event. Yeah, I saw yachts. I mean, yeah. [00:46:05] Joe: I saw yachts dug as we were sailing into San Tro pe yachts that had helicopters on the back of them. Mm-Hmm. Yachts that had what you and I would consider a very large indoor outdoor craft attached to it. [00:46:18] It would be like a great boat on Lake Michigan. Is, is there secondary craft? Like, oh, how cute. It’s their tender. [00:46:24] Doug: Yeah. [00:46:24] Joe: Yeah. But none of those I think would’ve worked in this. But that, that stuck. [00:46:28] Doug: No, no. [00:46:29] Joe: Horrible thing. Ec Mediterranean. Is it on Bravo. Bravo. If you’re listening, uh, please, uh, sponsor this segment since Doug won’t stop bringing it up. [00:46:36] Doug: Well, uh, it is Bravo, which must be owned by NBC Universal because, uh, or I guess who is that? Comcast. They own everything. Uh, but it’s peacock. I watch it, uh, streaming on the Peacock app, just so people know. Where to get [00:46:50] Joe: your fix. [00:46:53] Doug: Oh, you’re, I mean, be careful because you won’t watch anything else. I’m finally watching the new season of trying [00:46:59] Joe: just to try to get off below deck Mediterranean for a second. [00:47:02] Gotta be the nicest show on tv. Gotta be like the most, it’s [00:47:04] Doug: a, that is a huge [00:47:05] Joe: heartwarming show on tv. I’m loving the current season, by the way. I’m, I’m six episodes. There’s only eight episodes per season. Uh, you have to watch it. If you’re gonna watch trying, you have to watch it with the subtitles on. [00:47:16] ’cause I cannot understand those people. I’m very American, very Midwestern. I cannot understand what the hell they’re saying. [00:47:22] Doug: And these are the people who invented the language I know, and yet we can’t understand. And they did it [00:47:26] Joe: all wrong. They should have done this so they sounded more like me. Wouldn’t it be funny if you had people speaking English and you had, you know, you go on Netflix and I’ve watched some of these series where they overdub and you know, the mouses aren’t lining up. [00:47:39] But some of these shows actually are pretty good. I’ve actually made it through a few of them, uh, where they overdub. A lot of times it just annoys me and I can’t do it. But I think it’d be funny to have people speaking English. Overdub with like Midwest American English. [00:47:56] Doug: Be just, that would be good. [00:47:57] Joe: Or, or, you know, it’s funny, you can toggle like, not, not English, but you could toggle like California. [00:48:04] Yeah. What dialect at Alabama, Wisconsin. [00:48:07] Doug: And they speak in your dialect. I do them all. Uh, subtitle company. I do all of them. So if you need a voice actor for that, I do all of, all of the accent. Oh. And very well too. I do never, [00:48:18] Joe: never falls out. Right. [00:48:20] Doug: Maybe we’re done for today only talking about Below Deck Mediterranean. [00:48:24] ’cause I, I want a whole separate episode of dedicated to it. But I did shoot me Ochi. Just shoot me right now. Don’t give him that opening. He’ll take it. I did find a great review that I wanted to make sure we talked about on the show, because who doesn’t like a pat on the back? Once in a while, uh, there was a review out there about us, uh, with the Title Savers Without a Direction. [00:48:46] This came to us a couple of weeks ago. From CB 31 74. Uh, so now we know CB’s birthday is March 1st, 1974. Wife and I started family. Good paying jobs but didn’t know about personal finances. So easy to get hooked on these guys. Very entertaining. We owe our comfortable glide into retirement, all the extra time we are choosing to spend with family rather than running the hamster wheel at work to so much we have learned here. [00:49:16] Thanks to all and a definite thanks for Big D not being as creepy as the name sounds. I just, I wanna point out, I did not give myself. The name Big D. Oh my. Is he gonna lie about this now? og? It was. Is he gonna try to tell everybody if, if you go back and play the tape while you were traveling the globe, Joe? [00:49:36] I, yes, OG And I carried the load for a few episodes and he gave me the name, I saw the notes for the show, [00:49:42] Joe: and the note said, please call me Big DI [00:49:47] OG: think that was after we said it in the, in the first one. I, I, I will take ownership for OG and big. Big D, OG and Big DI mean it does [00:49:56] Doug: D Yeah, it does roll off the tongue. [00:49:59] You can see why you could get hooked on it. The Big D. It’s very, it’s, [00:50:04] Joe: that’s a very nice review. Thank you. It is. Thank you so much and we’re happy to help and obviously. Our goal here, being financial education and making sure that you get where you want to go while we’re having fun doing it. I think it’s important to realize that there’s things, um, so important og like money that maybe we gotta just relax a little. [00:50:23] OG: Just have more of it. Just, it just, and you can accomplish all your goals if you [00:50:26] Joe: just get more. It’s gonna be good that that should be the main takeaway Doug, but I don’t think it made the list. You may have three other things on our to-do list, uh, for today. What are they? [00:50:38] Doug: Why would you predict three? Like what would make you think it was three? [00:50:41] That’s weird. No idea. Big D. Here’s what we should have learned today. Joe. First take some advice from our headline Flex those flex benefits people. There’s money waiting in that stack of PDFs. Make a PDF stack anyway. Second half haters. Act like an eighties football player and find a way to monetize that anger. [00:51:03] But the big lesson turns out Joe’s mom already has a monument to Cooper. It’s a gigantic mountain, a clumped cat litter. Seriously, am I the only one responsible for this thing? [00:51:18] Enter OGs contest and you could win a copy of our brand Spanking News. So new you can still smell the new guide smell. It’s the Stacking Benjamins benefits guide. Head to Stacking Benjamins dot com slash contest to win plus. We’ll put you on the list to get a notification when the guide arrives. This show is the property of SB podcasts LLC, copyright 2024, and is created by Joe Saul Sea High. [00:51:46] Joe gets help from a few of our neighborhood friends. You’ll find out about our awesome team at Stacking Benjamins dot com, along with the show notes and how you can find us on YouTube and all the usual social media spots. Come say hello. Oh yeah. And before I go, not only should you not take advice from these nerds, don’t take advice from people you don’t know. [00:52:08] This show is for entertainment purposes only. Before making any financial decisions, speak with a real financial advisor. I’m Joe’s Mom’s Neighbor, Duggan. We’ll see you next time back here at the Stacking Benjamin Show.
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