You’ve done well with your money. Should you tell people online how well you’ve done? Maybe even show your 401k balance or your savings account? One piece in today’s headlines segment has an opinion, our roundtable team will share theirs on today’s podcast! Today Len and Paula are joined by CFP Katie Brewer, who helps us dig into another topic: One millionaire received some FANTASTIC money advice at age 18. We’ll ask Katie and our team what the best advice is they received growing up about money. You’ll be surprised by their answers.
We also answer Scott’s three-oh call for help to the Blooom hotline. His parents and in-laws are asking him for money advice. Should he give them advice or send them to a financial planner? On top of that, we’ll also answer a letter from another listener, share Doug’s trivia, and more.
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Show Notes:
<> Open
Thanks to LinkedIn for supporting Stacking Benjamins. Go to LinkedIn.com/SB and get a $50 credit toward your first job post.
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<>Headline
- People are bragging about becoming 401(k) millionaires — and posting their balances to social media (MarketWatch)
- The Brilliant Advice This Self-Made Millionaire Got at 18 (That Has Stuck With Her Ever Since) (Inc)
<>Today’s Contributors
Katie Brewer
Find her website at: yourrichestlifeplanning.com
Follow Katie on Twitter: @KatieYRL
Paula Pant
Check out Paula’s site: AffordAnything.com
Follow Paula on Twitter: @AffordAnything
<>Aspiration
Interested in Aspiration? Check them out: Aspiration.com
Follow Aspiration on Twitter: @Aspiration
<>Doug’s Trivia
- How much, in dollars, is hosting the Olympics worth, in terms of economic impact?
<> Oh, Oh, Oh, I Need Money Help!
Thanks to Blooom for supporting Stacking Benjamins. Get a one month free at stackingbenjamins.com/blooom and enter promo code SB for a month free!
- Scott’s in-law’s are asking him for financial advice. What’s a guy to do?
<> Letters From the Mailbag
- Julie is now classified as “highly compensated,” which caps her match at 0%. What should she do?
<> Join Us Monday
Jen Hemphill is making a stop by the basement. Mom always loves when Jen comes by, so she’ll probably make some pie. You stop by too!
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