Avoid The Next Scam: Former Cult Member Takes Us Inside

You'd never fall for it, right? Scams can look so obvious from the outside. "How could they have let that happen?" we ask. Reading about Bernie Madoff or some of these other big "scammers" from history, it's easy to think of how gullible the victims must have been. Being in the midst of it, though, leads to the true, deeper, and disturbing story. Radhia Gleis knows how scams work because she was in a cult for over 20 years. Today she shares the story of how she sunk deep into a con and then also explains the pain and immense disappointment she experienced when she realized it was all a lie. It's a fascinating story about searching for meaning and how scammers maintain their power. We'll help by giving you tips to avoid being scammed as well. During our headline segment, we dive into another troubling situation: the current situation in Ukraine. While there are far more important aspects of this conflict than your money, the only one we're qualified to comment on is the effect on your portfolio, so we'll do that today. Market volatility has ticked up again and we talk about while it signals some horrible events happening in the world, why this might not be as bad as it sounds for your investments. We'll also answer Lacey's question about saving for nieces and nephews (what should she use to save some money for them?) and also, Doug will share his amazing trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Om Podcasten

Named 2023 Best Personal Finance podcast by Bankrate.com, The Stacking Benjamins Show has a light and friendly tone. Hosts Joe Saul-Sehy and OG aim to make financial literacy fun for all as they sit around the card table in Joe's Mom's half-finished basement and talk with experts about personal finance, saving, investing, and important money trends. As Fast Company once wrote, the Stacking Benjamins podcast "strikes a great balance of fun and functional." So join Joe and OG every Monday, Wednesday and Friday as they read your letters, discuss major headlines, and throw in some trivia and laughs for free.