What does it really mean to be poor? We’re not talking about poverty…that’s a whole different issue, when compared to one article we’re discussing today, which covers the difference between people who are “poor” but own lots of stuff and people who are “rich” and own very little. What do we mean? We’ll dive in to this topic today with our roundtable group of bloggers and podcasters, including Cody Berman, co-host of the FI Show; Len Penzo of LenPenzo.com; and from our own Stacking Benjamins podcast, OG. Plus, we’ll take a call from Tyler, who has some stock market questions about 2019. Can the Magic 8 Ball possibly help him with his issue? And, if that isn’t enough, we’ll also answer a question from the mailbag!
Halfway through the show we’ll take a break and talk tax prep with Katherine Pomerantz of The Bookkeeping Artist. Katherine brings some great information on how to get your books organized for this year’s tax season, and some advice that’ll hopefully keep a bit of your hair on your head through April’s filing season. …and of course, we’ll still have time for Doug’s trivia.
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<5:30> Our Topic
- Why You Will Always Be Poor… (Escaping to Freedom)
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<23:32> The Bookkeeping Artist
Check out more from Katherine (and her podcast) at her site: BookkeepingArtist.com
<34:21> Doug’s Trivia
- What’s is Betty White’s net worth?
<45:39> Magnify Money
Compare checking, savings, credit cards, and loans before switching. Magnify Money makes it super easy to compare, switch and save. Use StackingBenjamins.com/MagnifyMoney to see how much you could be saving.
- Tyler wants to know if the stock market will see a correction of 5% or more this year.
Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG