Money Guy Show

Brian Preston and Bo Hanson
undefined
Sep 25, 2023 • 36min

Do You Need A Financial Advisor? (You Might Be Surprised!)

Learn when to hire a financial advisor and get housing advice for job movers. Discover alternative retirement savings strategies and debate the need for entrepreneurship. Analyze expense ratios and the importance of low-cost index funds.
undefined
Sep 22, 2023 • 51min

What I Learned From Being BROKE! (And Why I Wouldn’t Change It)

Learn valuable lessons from the hosts' personal experiences growing up broke, including the significance of hard work, teaching children responsibility, finding happiness beyond possessions, maintaining a positive mindset in tough times, and turning adversity into opportunity.
undefined
11 snips
Sep 20, 2023 • 34min

The IRS Just Changed the Rules About 401(k)s (What You Need to Know)

The recent changes to 401Ks are discussed, including the delay of a contribution change. The benefits of employer-sponsored 401(k) plans and the importance of avoiding excessive debt are highlighted. The concept of glide path in retirement investing and the two stages of wealth building are explored.
undefined
Sep 18, 2023 • 24min

How Much Should You Put Down on a Rental Property?

The podcast discusses the importance of the down payment on rental properties, considerations for car loans and Roth IRA contributions, deciding whether to prepay a mortgage to eliminate PMI, and the significance of keeping an emergency fund in cash.
undefined
5 snips
Sep 15, 2023 • 46min

Top 10 Mind-Blowing Money Stats! (2023 Edition)

Discover alarming financial facts including lack of emergency savings and living paycheck to paycheck. Learn about the importance of an emergency fund for financial stability. Explore the financial impact of cars and ways to prevent negative equity. Find out the significance of saving and investing, and the importance of a 25% savings rate. Dive into the concerning statistics surrounding student loans and the importance of finding passion in your career. Uncover the power of first generation millionaires and the hard decisions needed for financial success.
undefined
6 snips
Sep 13, 2023 • 38min

Wealth Multiplier Revealed: The Magic of Compound Interest!

Discover the magic of compound interest and its ability to build wealth over time. Learn about the dilemma of paying off a car loan vs saving for a down payment on a house. Find out the best accounts and investments for wealth building in your 20s. Understand the importance of savings rate over rate of return. Explore strategies for utilizing Roth IRA and 401k for a home purchase.
undefined
Sep 11, 2023 • 27min

How Should You Invest as a Freelance Worker?

The podcast discusses investing strategies for freelance workers, evaluating insurance policies, guidelines for purchasing luxury goods, retirement savings options, and the importance of knowing financial goals.
undefined
Sep 8, 2023 • 58min

From $0 to Millionaire in 10 Years (Is it Possible?)

How can you become a millionaire in 10 years or less? We’ll discuss common ways we see millionaires build wealth quickly, including through real estate, entrepreneurship, and the stock market. Discover how real wealth is built and why building wealth quickly may not be for everyone. Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to the next level: become a client Subscribe on YouTube for early access and go beyond the podcast Connect with us on social media for more content Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. Learn more about your ad choices. Visit megaphone.fm/adchoices
undefined
6 snips
Sep 6, 2023 • 28min

Dollar Cost Averaging Explained!

Learn about dollar cost averaging and the benefits of automating finances and investing choices. Explore the uncertainty of investing and the importance of optimism. Discover the decision between Roth IRA and Roth 401k with a self-directed brokerage option. Understand the advantages of low-cost index funds and investing in a Roth IRA.
undefined
8 snips
Sep 4, 2023 • 29min

The 20/3/8 Car-Buying Rule Explained (And Why It Works!)

Learn about the 20/3/8 car-buying rule and why it's important. Discover why prioritizing debt elimination is crucial before buying luxury cars. Understand the dilemma of choosing between a 401k and a Roth IRA and how to prioritize your contributions. Get insights on navigating financial setbacks and the importance of having an emergency fund. Explore the pros and cons of investing in a 401k plan without index funds and how to advocate for change.

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app