Maybe the Jones family has everything. Maybe you live next door. We’ll tackle a survey in our second headline that says living next to a lottery winner will not only make THEM broke…it’ll drive you bankrupt as well. On our last episode we discussed how to pick the right financial advisor, and today we follow it up by asking this question, “Would you trust a financial advisor who is a couple decades younger than you?” to help with this, we’re so happy to have back on the podcast special guest Shannon McLay (from the Financial Gym and Financially-Blonde.com) and our own OG. Halfway through the show we’re happy to be joined by Matt Reiner from WELA, who’ll walk us through their all-in-one budget app, including their new assistant, Benjamin. Wela is designed to help you track daily spending and group transactions, while the app’s AI, Benjamin, can answer questions about your money.
Of course, we’ll answer a three-oh call for help to the Blooom hotline. Julianne works on commission… how can she make a useful budget on a variable income? Also, should we be waiting on the market to go on sale before we buy more stocks?
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- Client View: Why I hired a much younger advisor (Financial-Planning)
- Keeping Up With the Joneses: Neighbors of Lottery Winners Are More Likely to Go Bankrupt (Bloomberg)
Check out her Shannon’s site: FinancialGym.com
Follow Shannon on Twitter: @blonde_finance
Do you need some more financial help from OG outside of the show? Follow our link, StackingBenjamins.com/OG to get some one-on-one help from the man himself.
Check out the site: GetWela.com
Follow Wela on Twitter: @wela
- Among the most popular greeting card holidays, where does Father’s Day fall?
<46:28> 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!
- Julianne works on commission. With a variable income how is she supposed to properly budget each month? And should she wait until the market goes “on sale” before buying some stocks?
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