It's difficult to ignore market volatility. News about its rise and fall gets plastered on every news and media outlet. Many will even tell you what you should feel about it and how that emotion should affect your financial decisions. So, what's really going on with the stock market right now? Does the recent volatility and current all-time high mean we should be worried? How can we protect our finances and stay secure in the event of downturn? This episode unpacks all of these questions and mor...
Apr 23, 2021•54 min
Should you go after your dream job when you're younger, or wait until you have a stable income and then chase that dream job? And when should you prioritize paying off your mortgage? We'll walk you through these questions and more in this week's Q&A episode! Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 21, 2021•36 min
In this episode, you'll learn: How to protect yourself from getting trapped in too much debt How to avoid the biggest debt pitfalls at every age Healthy ways to approach big sources of debt like mortgages, auto loans, and student loans How you measure up to your peers For more information, visit: https://www.moneyguy.com/2021/04/average-debt-by-age-2021/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Apr 16, 2021•50 min
Where did you first learn how to invest? Who explained the power of compounding interest and the discipline of living on less than you make? In today's episode, we're breaking down a recent survey revealing where the majority of investors get their investment advice. We'll share our thoughts on these sources and explore how to tell if a source is trustworthy! Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 14, 2021•1 hr 2 min
Understanding history can keep you protected as you move into your future. After years of working in the financial space, we see trends in the investment world. With a desire to build wealth fast and a fear of being left behind, we've watched the public jump on the latest investment trends, often leading to severe disappointment. When one financial frenzy or "hot dot" investment fades into the past, a new trend never fails to replace it. What causes these financial frenzies, what can we learn fr...
Apr 09, 2021•1 hr 1 min
When should you start working with an advisor? And how much should you be investing when you're saving for a house? We'll walk you through these questions and more in this week's Q&A episode! Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 07, 2021•31 min
Here's exactly what a millionaire looks like. The 2021 Money Guy Survey has officially wrapped and we're sharing the results in this episode. We surveyed our Abound Wealth clients who have reached millionaire status (and beyond) to help you better understand who they are, what steps they took to reach their first $1 million, and the common mentality that drove each one of them to financial success. For more information, visit: https://www.moneyguy.com/2021/04/shocking-millionaire-secrets-reveale...
Apr 02, 2021•36 min
Poor... not exactly the outcome most folks are going for! But are you doing any of these five things that keep you from building wealth? We get that living for the moment is fun, but what if you didn't have to trade your financial security for it? Join us for this week's show where we name the five ways you're keeping yourself poor and how you can build lasting wealth instead. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Mar 31, 2021•1 hr 3 min
This episode will help you transform your finances using real life advice from a billionaire! Each year, Warren Buffett writes an annual letter to shareholders, reflecting on the past year and commentating on his journey to financial abundance. Once again, 90-year-old Warren drops BOMBS, and he does it with remarkable simplicity! We'll show you the best takeaways from the letter and how to apply each one to your personal finances. For more information, visit: https://www.moneyguy.com/2021/03/bil...
Mar 26, 2021•56 min
Inflation is a hot topic in the financial world right now. Our YouTube comment section attracts nay-sayers, claiming that the money we want you to invest today will not be worth as much in the future due to inflation. Let's address this! What is inflation? Why is it concerning? What action items should you take to protect yourself from it? We unpack it all in this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Mar 19, 2021•49 min
Pull up a seat for this special episode of The Money Guy Show! Rebie joins Bo to share some of the biggest financial mistakes she's made in her 20s and what she learned. From buying a car to getting married and buying her first house, find out what Rebie got right and what she got wrong when it came to her finances. These are lessons everyone can learn from! Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 17, 2021•1 hr 8 min
Let's break down how The American Rescue Plan Act of 2021 will affect YOUR finances. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 15, 2021•16 min
Life is a collection of big decisions and trade-offs that can have a significant impact on your life. Strong goals are what keep you on the path that will get you where you want to go. Goals function as our "why." They are a grounding force, helping us make big and small decisions. We've experienced this in our own lives. Now we're sharing our secrets with you! Accomplished goals are the secret to a fulfilled life. Let's teach you how to make your dreams a reality and set goals like a pro! For m...
Mar 12, 2021•1 hr
Even people with a lot of money are in danger of going broke. There's a big difference between being "rich" and "wealthy." Is your cashflow high, but your net worth statement low? Do you own your life, or are you do you find yourself, like the man in one of our favorite commercials, "in debt up to your eyeballs"? This episode will show you the fascinating statistics behind the broke high-income earners across America. Plus, you'll walk away knowing how to protect yourself from the same fate as y...
Mar 05, 2021•55 min
A paper found that young adults don't need to start saving for retirement until age 40. The study is based on "total life satisfaction" rather than savings. But, hang on. Let's take a closer look at this and see what actually happens if you wait until 40 to start saving. Who do you think would be more miserable? The person who starts saving before age 40 or the person who doesn't...? We'll break it down by the numbers and see what we can see. Learn more about your ad choices. Visit megaphone.fm/...
Mar 03, 2021•1 hr 16 min
If you interact with any other human beings, you are involved in negotiations! At its heart, the art of negotiation is an interpersonal skill that can not only help you save money, but can make you a better friend, co-worker, partner, or boss. Too often we think one person wins and the other loses when negotiating. That is not the case! It is all about setting aside your own desires long enough to learn about another person. This episode will show you our top five tips to transform your personal...
Feb 26, 2021•45 min
Tax evasion is illegal, however, tax avoidance is highly encouraged. Roth accounts provide an outstanding opportunity for tax advantaged retirement savings and wealth building. This powerful investment vehicle was created to encourage everyone to save for retirement and see the beauty of investing in their financial future. This episode will teach you exactly how to take advantage of this opportunity in your own financial life. For more information, visit: https://www.moneyguy.com/2021/02/legall...
Feb 19, 2021•1 hr 2 min
No one wants to be fooled. Unfortunately, there are many popular financial products that seem like a good idea, but can actually derail your financial plans and cause you to miss out on true wealth building opportunities. Truly wealthy, secure people know how to tell which financial investments are worth it and which are too good to be true. In this episode, we'll teach you how to tell the difference and think like a millionaire! For more information, visit: https://www.moneyguy.com/2021/02/5-th...
Feb 12, 2021•54 min
It's not always about how much money you make. It's about how much money you keep. We often share strategies on how to build wealth and reach your first million, but are you equipped to hang onto it in the long-run? This episode lets you learn from our experience with high income individuals. Some have kept their wealth, building it for the long-term, while others have fallen into common, but dangerous habits that have caused financial failures. Which will you be? For more information, visit: ht...
Feb 05, 2021•48 min
GameStop, GameStop, and more GameStop! What in the world happened? Unless you've been living under a rock, that's all anyone has been talking about for the past week. And many people still have no clue as to what is going on, so that's where we come in. We're breaking down the entire GameStop situation and giving you some tips and tricks to apply to your personal finances as well. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Feb 03, 2021•1 hr 13 min
Are you ready to start winning at money and life? We gathered all of the financial and life advice we've read and experienced over the years and put it into one episode! For more information, visit: https://www.moneyguy.com/2021/01/10-truths-about-winning-in-life-and-with-money-yes-youre-doing-it-wrong/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 29, 2021•56 min
Financial success doesn't have to be rare. By teaching the younger generation basic principles of compounding interest and money management, we can equip each and every one of them to become multi-millionaires by the time they retire. Our message to young savers (from small children to young adults) is this: wealth creation is surprisingly simple, but it's not easy! This episode will show you how much your money can grow when you have time on your side, and teach you how to avoid common financia...
Jan 22, 2021•53 min
Our view of Bitcoin is evolving and your input has helped. Fans of the show have been asking what we think of Bitcoin for 2021. Here's what we think of Bitcoin as an investment, how you should think of it in the context of your total investment portfolio, and how to use it. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 20, 2021•1 hr 9 min
We’re guilty. Lifestyles of the Rich and Famous and Cribs influenced our childhood ideas of what wealth looks like more than we would like to admit. Today, we work with wealthy folks from all over the country and help them make smart financial decisions. The contrast between common perceptions of wealth and the characteristics of truly successful people is stark! In this episode, we pull back the curtain to reveal what true financial success looks like and what milestones or characteristics you ...
Jan 15, 2021•1 hr 5 min
There are two ways to build wealth: 1) Spend less, or 2) Earn more! Saving money is a popular financial topic, but today's episode is dedicated to learning how to earn more. We live in what's known as the gig economy. It's more possible than ever to pick up a side-hustle that helps you hit your financial goals, like paying off debt, investing 20-25%, or bulking up your emergency fund. So, where should you invest your time and how much can you really make in the gig economy? Let's talk about it! ...
Jan 08, 2021•59 min
Ever wonder how much money people make by being on YouTube? You will be SHOCKED by how much money some YouTubers earn. This week's LIVE Q&A episode will reveal who the top 10 highest-paid YouTube stars are and how they managed to cash in so handsomely from the video platform. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jan 06, 2021•53 min
Have you done your Net Worth statement recently? This is one of our favorite and most powerful yearly traditions. Simply add up your assets, and subtract your liabilities, and you'll start to get a picture of where you are financially. In this show, we're breaking down what your Net Worth statement should look like at your age! We'll explain what elements you should watch out for, explore how you measure up to your peers, and show you how to improve in the coming year. For more information, visi...
Jan 01, 2021•59 min
We will never forget the year 2020. No one could have predicted the ways this year has affected our lives. As we turn the page to a new year, we can't help but look back and consider what we've learned, the mindsets we will leave behind, and the perspective we will take with us into 2021 and beyond. For more information, visit: https://www.moneyguy.com/2020/12/4-life-lessons-we-learned-in-2020/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Dec 25, 2020•43 min
After a combined 30+ years of experience of financial planning, we've seen retirement done right... and NOT right. So what are the key factors that will make or break your retirement? Whether it's stress testing your plan for weaknesses or understanding how your mindset will affect your success - we unpack it all in this episode! For more information, visit: https://www.moneyguy.com/2020/12/9-secrets-to-retirement-success/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Dec 18, 2020•46 min
We break down the most popular financial resolutions and whether or not each one is worth it. The ones that are worth it? We'll give you some Money Guy tips on how to accomplish it. For more information, visit: https://www.moneyguy.com/2020/12/top-10-financial-new-years-resolutions/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Dec 11, 2020•1 hr 2 min
