358: Net Worth Of $10M+ - Money Guy Show Host, Brian Preston, Unveils His Cards, Net Worth & New Book
May 20, 2024
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Brian Preston, host of the Money Guy Show, shares his journey to financial success and mindset shifts. He missed his goals of $1M by age 30 and $10M by age 50 by a year. Preston emphasizes the why behind financial goals, giving back, and his book 'The Millionaire Mission' for financial success.
Align personal financial practices with professional recommendations like investing in commercial real estate and index funds for wealth creation.
Cultivate an optimistic mindset, take consistent steps towards financial growth, and evolve goals to embrace broader perspectives for long-term success.
Deep dives
Creating Wealth through Commercial Real Estate and Index Funds
Directing efforts towards getting wealthy before engaging in wealthy behaviors, the speaker emphasizes the importance of making prudent financial decisions. By delving into commercial real estate along with traditional investing in index funds, the speaker underscores the significance of aligning personal financial practices with professional recommendations.
Optimism and Financial Success
Highlighting the correlation between optimism and financial success, the speaker shares insights from a millionaire study showing that 84% of clients self-identify as optimists. Encouraging listeners to embrace an optimistic mindset and take small daily steps towards financial growth, the speaker emphasizes the power of positive thinking in achieving financial milestones.
Personal Evolution and Reflective Goals
Discussing personal growth and goal evolution through the decades, the speaker reflects on the shifts in mindset and priorities as one progresses through various life stages. From warrior mode in youth to sentimental reflections in midlife, the speaker underscores the importance of evolving goals and embracing a broader perspective encompassing family, community, and personal fulfillment.
Balancing Frugality with Generosity
Sharing a personal journey from tight-wad frugality to a more balanced approach, the speaker discusses the evolution of financial behaviors driven by a focus on creating lasting memories and cherishing moments. Emphasizing the transition from strict budgeting to intentional spending on meaningful experiences, the speaker advocates for a mindful balance between financial discipline and generosity towards loved ones.
Brian Preston, co-host of the Money Guy Show, has a net wroth of $10+ million. He discusses his journey to financial success and the mindset shifts that have occurred along the way. He shares his goals of reaching a net worth of $1 million by age 30 and $10 million by age 50, and how he missed those goals by a year. Preston emphasizes the importance of mindset and the why behind financial goals, as well as the impact of giving back and creating a positive influence. He also discusses his book, 'The Millionaire Mission,' which provides a step-by-step guide to achieving financial success.
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