Money Guy Show

When Do You Need to Change Your Savings Rate?

7 snips
Mar 24, 2025
The hosts tackle the relevance of the 25% savings rule for those starting to save in their mid-30s, offering valuable insights. They emphasize the importance of savings rates aligned with personal goals and how time is still a friend for late starters. A humorous take on health and wealth reveals proactive strategies for better living. Listeners learn to navigate investment dilemmas systematically, balancing profit and emotional well-being. Plus, an exciting new financial education course is unveiled, complete with enhancements and discounts!
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ADVICE

Personalized Savings Rate

  • Determine your retirement goals and current financial situation to assess if the 25% rule applies to you.
  • Utilize online resources like moneyguy.com and the Know Your Number course for personalized guidance.
ANECDOTE

Dollywood and Spin-off Channel

  • Brian wanted to create non-financial content, like a Dollywood trip, but the team initially resisted due to algorithm concerns.
  • A spin-off channel for Brian's "crazy" ideas was suggested, along with content on health as wealth.
ANECDOTE

Accidental Curse Word

  • Brian accidentally used a curse word on air, worrying about its impact on the show's family-friendly image.
  • Bo and Brian want The Money Guy Show to be accessible for families, contrasting it with other shows that use profanity.
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