8 Money Mistakes Middle Class People Make (plus an intro to Blast)

Published: Aug. 24, 2018, 7:30 a.m.

b"As much as we don't like to admit it (and let's face it, Doug never will), we're not perfect here in the basement. We can mess up and make mistakes, just like anyone. But not all mistakes are created equal. Forgetting to start the dishwasher? Yeah, that's not the end of the world, but what about financial mistakes?\\xa0A small one might mess up your weekend... but a big one could spell disaster. That's why today we're covering (and sharing some of our own) 8 mistakes the middle class is making with their money (a piece written by\\xa0Holly Johnson\\xa0for\\xa0The Simple Dollar). Joining us today our special guest, from\\xa0Rich Life Advisors, is Beau Henderson. Also joining in the discussion are our regular roundtable contributors, Paula Pant (Afford Anything) and Len Penzo (Len Penzo dot com).\\nMidway through the show we'll take a little break and talk to the\\xa0co-founder and chairman of Acorns,\\xa0Walter Cruttenden, about his new brand new venture, an app that mixes two unlikely ideas: video games and saving money. When we first heard about\\xa0Blast\\xa0we were intrigued by the possibilities, so we're excited to bring it to your attention, too.\\nAnd of course, we'll still have time for Doug's trivia and also to answer a listener question from Dan, who is looking for suggestions. How does someone in retirement create a more defensive portfolio? What types of investments should they consider adding to the mix?\\nThanks to Nutrafol for supporting Stacking Benjamins (and Joe's head!). Get your first month supply with a subscription plan for $10\\xa0nutrafol.com\\xa0and promo code SB\\nLooking for something deeper than what we give you on the show? Subscribe to our weekly newsletter: The\\xa0Stacker.\\nAnd don't forget about our Three-Town Tour! The award winning Stacking Benjamins podcast is coming LIVE to a stage near you. Find out more on our\\xa0Tour Page.\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices"