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Content provided by Joe Saul-Sehy | Cumulus Podcast Network and StackingBenjamins.com | Cumulus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Saul-Sehy | Cumulus Podcast Network and StackingBenjamins.com | Cumulus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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Outsmarting Unintended Consequences: How Good Money Moves Don’t Go as Planned (SB1731)

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Manage episode 504559675 series 30345
Content provided by Joe Saul-Sehy | Cumulus Podcast Network and StackingBenjamins.com | Cumulus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Saul-Sehy | Cumulus Podcast Network and StackingBenjamins.com | Cumulus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ever celebrate paying off a credit card…only to watch your credit score drop? Or ditch your budget for “simplicity” and find yourself ordering takeout three nights in a row? On this week’s episode of The Stacking Benjamins Show, Joe Saul-Sehy, OG, and Neighbor Doug welcome Paula Pant (Afford Anything) and Jesse Cramer (Personal Finance for Long-Term Investors) to explore why even the “right” financial moves can sometimes lead you straight into a banana peel.

From the hidden traps of credit scores and debt freedom to the way a shiny new credit card reward program can cost you more than you bargained for, this roundtable digs into the ripple effects that don’t make the brochure. We’ll tackle when “optimizing” your plan goes too far, how well-meaning programs can backfire, and why the metric you’re tracking might not be the one that actually matters.

Expect sharp insights, lively debate, and tips you can put into action—without getting tangled in the very strategies meant to help you. Because money confidence isn’t just about making the right moves…it’s about knowing what those moves might do next.

We'll Cover:

  • Why your credit score might drop after paying off debt—and why that’s not always bad news

  • How “budget hacks” can turn into budget headaches

  • The sneaky ways credit card rewards and government programs can backfire

  • Why tracking the wrong measure can lead to the wrong results

  • Practical steps to sidestep the unintended fallout from good decisions

    Questions to Ponder During the Episode

  • What’s the most surprising “side effect” you’ve experienced after making a smart money move?

  • Have you ever optimized your budget or investment plan…only to regret it?

  • Which metric do you track most closely in your financial life—and is it actually the right one?

FULL SHOW NOTES: https://stackingbenjamins.com/unintended-credit-score-consequences-1732

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201

Enjoy!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

1918 episodes

Artwork
iconShare
 
Manage episode 504559675 series 30345
Content provided by Joe Saul-Sehy | Cumulus Podcast Network and StackingBenjamins.com | Cumulus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Saul-Sehy | Cumulus Podcast Network and StackingBenjamins.com | Cumulus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ever celebrate paying off a credit card…only to watch your credit score drop? Or ditch your budget for “simplicity” and find yourself ordering takeout three nights in a row? On this week’s episode of The Stacking Benjamins Show, Joe Saul-Sehy, OG, and Neighbor Doug welcome Paula Pant (Afford Anything) and Jesse Cramer (Personal Finance for Long-Term Investors) to explore why even the “right” financial moves can sometimes lead you straight into a banana peel.

From the hidden traps of credit scores and debt freedom to the way a shiny new credit card reward program can cost you more than you bargained for, this roundtable digs into the ripple effects that don’t make the brochure. We’ll tackle when “optimizing” your plan goes too far, how well-meaning programs can backfire, and why the metric you’re tracking might not be the one that actually matters.

Expect sharp insights, lively debate, and tips you can put into action—without getting tangled in the very strategies meant to help you. Because money confidence isn’t just about making the right moves…it’s about knowing what those moves might do next.

We'll Cover:

  • Why your credit score might drop after paying off debt—and why that’s not always bad news

  • How “budget hacks” can turn into budget headaches

  • The sneaky ways credit card rewards and government programs can backfire

  • Why tracking the wrong measure can lead to the wrong results

  • Practical steps to sidestep the unintended fallout from good decisions

    Questions to Ponder During the Episode

  • What’s the most surprising “side effect” you’ve experienced after making a smart money move?

  • Have you ever optimized your budget or investment plan…only to regret it?

  • Which metric do you track most closely in your financial life—and is it actually the right one?

FULL SHOW NOTES: https://stackingbenjamins.com/unintended-credit-score-consequences-1732

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201

Enjoy!

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

1918 episodes

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