Money Guy Show

Brian Preston and Bo Hanson
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Jan 22, 2024 • 38min

"Should I Put 100K Into Real Estate or Index Funds?"

Exploring options for accessing retirement accounts and making money work before retirement. Benefits of funding a brokerage account for early retirees, lack of funding limits and early penalty withdrawals. Importance of communication in marriage, finding cheaper alternatives for home renovations. Saving for adult autistic children's future, able accounts and beneficiary designations. Understanding the value of money and making decisions for education funding, reducing savings rate.
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Jan 19, 2024 • 23min

Are Millennials Doomed for Retirement? Breaking Down the Myths

Debunking myths about millennials' financial future, including building wealth, retirement, and homeownership. Importance of starting early and increasing savings, utilizing gig economy options for additional income. Significance of preparation and free resources for home buying. Advantages and challenges of millennial investing, including accessibility and technological advantage.
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5 snips
Jan 17, 2024 • 33min

When Should You Buy a New Car?

The podcast discusses when to buy a new car, managing finances as a married couple, factors to consider when buying a new car, and retirement options for self-employed single member LLCs.
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Jan 15, 2024 • 30min

Should I Pay My House Off Early?

Learn about the importance of analyzing your net worth statement and strategies for deciding what to do with a large sum of money. Discover the need for high-income earners to have life insurance and the implications of not having it. Dive into the topic of paying off a house early, exploring different perspectives and considerations.
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23 snips
Jan 12, 2024 • 46min

5 Levels of Wealth AND How to Achieve Them! (2024 Edition)

Learn about the five levels of wealth and how to achieve them. Understand the importance of stability and disciplined spending. Overcome financial challenges and build wealth through strategy and education. Have patience and stick to a long-term plan. Move towards financial freedom and prioritize personal fulfillment and relationships.
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Jan 10, 2024 • 29min

How Much Cash is Too Much Cash?

They discuss conflicting priorities between financial goals and providing for children, emphasizing the importance of taking care of your own finances first. The podcast explores the pros and cons of homeownership versus renting, discussing factors such as flexibility and wealth accumulation. It also discusses the decision to rent or buy a house based on factors such as financial independence and desired location. They address the importance of understanding future financial goals and resources when determining investment proportions.
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5 snips
Jan 8, 2024 • 35min

How Can You "Bedazzle Your Basic Life" with Money?

Learn about bedazzling your basic life with money and reaching financial goals. Explore the importance of commitment and discipline in sticking to a financial plan. Get advice on balancing rental real estate investments and liquid cash. Reflect on the evolution of a financial mindset and maximizing savings to live life on your own terms.
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Jan 5, 2024 • 50min

Net Worth By Age in 2024: How Do You Stack Up?

Learn the importance of tracking and analyzing net worth, valuing primary residence accurately, and building good financial habits in your 20s. Discover the challenges faced in your 30s and the importance of not comparing yourself to others. Understand the significance of knowing your net worth in your 50s and building assets for financial freedom.
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Jan 3, 2024 • 31min

How to Make Any Kid a MULTI-MILLIONAIRE!

Learn how to turn your kids into multi-millionaires using custodial Roth IRAs. Explore unique custodial accounts and the math behind saving for a child's retirement. Discover the power of starting to save early and teaching children financial responsibility.
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Jan 1, 2024 • 28min

Is Homeownership Officially Overrated in 2024? (Cost Breakdown)

Explore the benefits and costs of renting vs buying a home in 2024. Learn about real estate cycles and long-term planning for homeownership. Find out whether to pay off a car loan or build an emergency fund. Discover strategies for catching up on missed savings. Understand the pitfalls of buying a house with friends.

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