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Apr 2021
1h 18m

How Much Is Overthinking Costing You? (w...

StackingBenjamins.com | Cumulus Podcast Network
About this episode

Don't think you can overthink your money decisions? Study's show that sadly, you're wrong. Not only will overthinking cause you to create overly complex plans, but you'll give up early on strategies, fail to move when you need decisive action, and exhaust yourself with going over the options "just one more time." Overthinking rarely involves positive thoughts, and you can't win when you're not confident. Today we'll help you solve that issue. Long time listeners will remember the last time we had Jon Acuff on the show back in 2017, (find that here: Give Yourself The Gift of “Finished”).

In Jon's new book Soundtracks, he explores how our thought process and the stories we tell ourselves impacts our everyday lives, AND how you change your own soundtrack to solve your problems with overthinking.

Give Enough Cash and Even The Spenders Pay Up... Eventually

Remember the news the weeks after the first stimulus checks hit? Everyone waiting for the first piece of evidence to release their blog posts and podcast episodes about how everyone ran out and bought fancy 4k's and PS5s? (We totally didn't do that...not us!)

Well, a new study shows that given ample cash to clear out the Amazon wish list, many people HAVE ended up paying off their bills. During our headlines Joe and OG discuss paying down debt, the double penalty of being stuck in a debt cycle, and how you can walk away from the I Can't mindset.

How The Pandemic Changed Our Retirement Worries

The pandemic challenged a lot of the conventional thinking behind emergency funds, healthcare, and and retirement living. A newly released Fidelity report queried investor retirement worries, and while there were some surprises, other figures proved that not all financial thinking needs to be redrawn from the ground up.

Doc G from the Earn & Invest podcast joins us today to discuss what the report means for the broader retirement conversation AND what the numbers mean to you.

The Haven Life Line: What's the deal with Fundrise?

Sean is interested in investing with Fundrise, and wants to know our thoughts. While the company has seemed to change up their marketing since they first came on our radar we still have some reservations, and OG and I actually differ on a few thoughts here.

Never familiar with REITs? We'll explain your options on the show, but you can get started here: Traded vs. Non-Traded REITs: Which Is Best for You?

Enjoy!

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