Your Path from Zero to Millionaire with Brian Preston

Sep 3, 2024

Brian Preston, a CPA, CFP®, and author of "Millionaire Mission," shares his wealth-building expertise. He introduces a nine-step system and discusses the five levels of wealth, emphasizing the crucial mindset for financial success. Brian explains the difference between being rich and wealthy, advocating for a balanced approach to saving and enjoying life. He also highlights the importance of teaching children about money and the impact of investments and savings on long-term financial independence.

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Intro

00:00 • 2min

The Transformative Lesson of Financial Empowerment

01:55 • 3min

Harnessing Your Wealth: The Army of Dollars Concept

04:29 • 2min

Strategies for Wealth Building: Valuing Time and Money

06:40 • 3min

Navigating Your Financial Journey: The Order of Operations

09:53 • 5min

Embracing the Financial Mutant Within

15:17 • 2min

Keys to Financial Independence: Savings Rates and Delayed Gratification

16:58 • 4min

Navigating Wealth: Beyond Money

20:48 • 25min

The Debt Dilemma: Navigating Financial Responsibilities

46:10 • 24min

Engaging Financial Literature: A Unique Blend of Storytelling and Data

01:09:41 • 2min

Today, we have Brian Preston on the podcast. Brian Preston, (CPA, CFP®, PFS) is the author of Millionaire Mission and Founder & Host of The Money Guy Show.

Brian lays out a nine-step system for building wealth with the money you already have in his new book: Millionaire Mission.

We cover the five levels of wealth, financial order of operations, and the mindset needed for wealth building. Brian also discusses the importance of balancing savings and enjoying life, understanding the difference between being rich and being wealthy, and the impact of savings and investing on one's financial journey.

I really enjoyed this conversation with Brian, and I hope you do too.

Timestamps:

[1:56} The Influence of Mr. Morrow: The Morrow moment, a pivotal event that changed Brian’s financial journey.

[4:14] “Army of Dollars”: the idea of an "army of dollars" working for you while you sleep.

[9:07] Financial Order of Operations: A step-by-step guide for managing money.

[13:12] Cash and Retirement Accounts: Important of having emergency reserves and having retirement accounts.

[16:37] Being Rich vs. Wealthy: Brian explains the difference between being rich and being wealthy.

[33:45] Teaching Children About Money: Brian shares his approach to teaching his daughter about money and savings.

[52:37} Financial Independence: Brian shares his journey to financial independence, starting with small investments in his 20s.

[56:59] The Five Levels of Wealth: Stability, strategy, security, freedom, and abundance.

[1:02:49] Maintaining Financial Discipline: Brian emphasizes the need for regular measurements and success indicators.

Connect with Brian Preston

Website – https://moneyguy.com/

Instagram – https://www.instagram.com/moneyguyshow/

Twitter – https://x.com/moneyguyshow

LinkedIn – https://www.linkedin.com/in/moneyguy/

TikTok – https://www.tiktok.com/@moneyguyshow

YouTube – https://www.youtube.com/@MoneyGuyShow

Book by Brian Preston:

Millionaire Mission: A 9-Step System to Level Up Your Finances and Build Wealth