While everyone struggles to get along through COVID-19, if you’re lucky enough to be healthy and safe, NOW may be a great time to find ways to earn more money. By using skills you already have, you can begin to build wealth and put your financial house in order. Today we’ll talk to Mr. I Will Teach You To Be Rich, Ramit Sethi, about the power of networking, college, working online, transferring skills, and more. It’s a powerful discussion that hopefully will move you from being defensive in 2020 to going on offense.
When’s the last time your family reviewed your household fire safety plan? Good financial planning goes beyond the adrenaline-fueled excitement of long-term investing and emergency funds. During our headlines we’ll be joined by Steve Kerber, Director of the UL Firefighter Safety Research Institute. Steve will share essential safety tips on how you can keep your family – and physical property – safe from a fire emergency. PLUS, you can watch a new video below from the Firefighter Safety Research Institute showing just how little time you have to escape a home fire.
In our second piece, we’ll discuss the importance of things like disability insurance. In a tragic incident, a cyclist has been reportedly left brain-damaged after a split-second accident with a dog. Many people go without when it comes to insurance with excuses like, “I’m safe!”, or “nothing bad ever happens to me!” The other side of that coin is that accidents are just that… accidents.
We’ll finish out the show with a Haven Life line question on HSAs (Health Savings Account) and HRAs (Health Reimbursement Arrangement). Ethan will be switching jobs soon, and his new employer only offers a HRA. Ethan wants to keep contributing to his HSA even without the extra employer benefits, but wants to know: can he contribute to both the HRA and HSA?
Plus, with the election looming tomorrow, Doug’s campaign is in full swing. He’ll use some of his mid-show airtime to quiz his loyal voters on how many electoral votes he’ll need to take the White House.
A big thanks to Monday.com for supporting Stacking Benjamins! Do you want your team to be more effective than ever? Kick-start your teams workflow – start your free 14-day trial at Monday.com.
You won’t want to miss our special November 10 LIVE event. Between Vicki Robin, Michael Santos, and Dan Chan, this not an event you’ll want to miss! Make sure you can join in on the fun – reserve your spot at The Stack.
Fire Safety with Steve Kerber
A big thanks to Steve Kerber for sharing his knowledge on fire safety with us today. Check out the new video we mentioned during the show below:
Like I mentioned above – good financial responsibility goes beyond investing and emergency funds. Don’t know where to start? Here’s a good resource: from the National Safety Council: Keeping Your Family Safe From Fire
Are You “Too Safe” for Disability Insurance?
- Cyclist, 70, sues investment banker for £50,000 after claiming he was left brain damaged when her cocker spaniel ‘ran into his path and caused him to crash’ (Dailymail)
A big thanks to Ramit for spending some more (virtual) time in the basement. Looking to join Earnable? Sign up for the waitlist here: I Will Teach You To Be Rich
Listeners LOVED us having Ramit on Stacking Benjamins last year. You can listen into our original interview with Ramit here: Teaching Yourself To Be Rich
Want to get your hands on Ramit’s book, I Will Teach You To Be Rich? Order below!
- How many electoral votes would Doug need to win the White House?
- HINT: There are 538 TOTAL electoral votes.
- Ethan is about to switch employers. His new employer offers a HRA (Health Reimbursement Arrangement), but no HSA (Health Savings Account). Ethan asks: would it be possible to keep contributing to his HSA even after he switches jobs? Can he have both a HSA and a HRA?
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 Wednesday!
Wish you could be a market wizard? Of course you do! While we can’t give you a magic potion, we CAN give you the next best thing: Jack D. Schwager. Jack has interviewed some of the most successful investors of all time, and on Wednesday he’ll pass that knowledge onto you.
Written by: Richie Rutter-Reese