Ep 0070 Pick the Right Mountain and Get to Climbing, While Stacking Benjamins with Joe Saul-Sehy

Pick the Right Mountain and Get to Climbing

Joe Saul-Sehy is the creator and co-host of the award winning Stacking Benjamins podcast, a show with the goal of introducing new people to the world of personal finance. Prior to Stacking Benjamins, Joe was a financial planner for 16 years and a media spokesperson for American Express and Ameriprise.

Money Learnings: Joe’s family didn’t talk about money at all, it was a forbidden topic. He did have one class where they learned a little bit about money in school. Joe became fascinated about money from early morning TV. The family did talk about work ethic and the value of working hard. Joe taught his kids about money after talking to other people about teaching kids about money. He gave his kids an allowance to teach them about money and began conversations.

Take away: The principles of money and life are easy, taking action is hard.

Action step: Automate your success, especially the things you learned that can save you money.

Highlights from this episode:

Joe wanted hid kids to learn about making mistakes with money. He like me gave his kids their age in allowance. By allowing them to spend he could have money conversations.
Joe and his wife have a weekly meeting where they talk about money.
Why you should not listen to all the advice of financial Guru’s.
The high cost of college and how you should view it.
The truth about financial advisers.
There are 6 areas of financial planning and we miss a lot of them.
Ask your adviser how are you paid?
People don’t do what they are supposed to do!
Don’t expect your adviser to care more about your money then you do.
How do you get people to take action?
Re-framing the cost of help.
Why did Joe leave the financial advice business?
What other mountains do you want to climb?
What happens when you are on the wrong mountain?
Taking action on your life.
How one coaching session can open up your world.
How Joe uses coaches.
Why being right, may be wrong.
Changing the lens you see life through.
Overcoming our ADHD!
Begin with the end in mind.
What are you best at?
The power of relationships and a great network.
Everybody is in sales, regardless of your title.
Joe’s favorite board games to learn about money.
And Much More!