"I’m 31. My 401(k) lets me pick a percentage for Roth and a percentage for Pre-Tax contributions. I have $7k in a Roth IRA, and plan to max out 401(k) and Roth IRA next year! My 401(k) match is 8% Pre-Tax. How do I pick my Roth percentage?" We'll walk you through that question and more in today's Q&A episode! 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 ear...
Jan 15, 2025•31 min
"With bonus season coming up, what is the best use of bonus money? Should you use your bonus to pay off debt and build your 6 months savings? Or should it go to remodeling or down payment for car?" We'll walk you through that question and more in today's Q&A episode! 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...
Jan 13, 2025•35 min
We believe there are five distinct levels of wealth, but they aren’t solely dependent on income or net worth. We’ll walk you through each of the five levels - including how to know where you are at, how to advance to the next level, and signs you are doing it right. 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...
Jan 10, 2025•43 min
"My stepson just turned 20. What is the best way to "teach" him about making his dollars work for him vs sounding like I am "preaching" about it?" We'll walk you through that question and more in today's Q&A episode! 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 con...
Jan 08, 2025•27 min
"Hi guys! My fiancé and I are getting married in December. As we look to merge our finances, what advice do you have for this transition process?" We'll walk you through that question and more in today's Q&A episode! 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 con...
Jan 06, 2025•20 min
It’s our FAVORITE time of year! Ever wondered if you're on track with your net worth? In this guide, we break down exactly where Americans stand financially by age group and reveal the targets YOU can aim for in 2025! 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 confid...
Jan 03, 2025•44 min
"Im 28 and on step 6 of the FOO. I will inherit $300k soon and I'm unsure where to put the money. I would like to retire early so taxable account? Index funds or target retirement account?" We'll walk you through that question and more in today's Q&A episode! 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 ...
Jan 01, 2025•30 min
"How should I treat the purchase of an RV? Does this count as a luxury vehicle and need to pay cash or pay off in a year?" We'll walk you through that question and more in today's Q&A episode! 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 b...
Dec 30, 2024•24 min
Brian and Bo take on some of the most unhinged financial advice we've found on TikTok! 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 com...
Dec 27, 2024•18 min
"I have started a new job where I get paid 90% of my salary in 5 months. How do I go about planning this without running out of money before my pay kicks in again?" We'll walk you through that question and more in today's Q&A episode! 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...
Dec 25, 2024•23 min
"What are the money guys opinions on leveraged stocks? Maybe I’m missing something, but wouldn’t a 2x leverage S&P stock be a great investment in the long run?" We'll walk you through that question and more in today's Q&A episode! 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...
Dec 23, 2024•18 min
We tend to not go into detail about retirement on the show because retirement is so unique. Wealth-building for the majority of people is more straightforward - we can boil most of it down into the 9 steps of the FOO. But living off of your income is completely different, and is so unique to you. We heard you guys though and wanted to deliver on 4 essential tips to a “perfect retirement.” These tips are not about a “perfect” retirement for everyone, but instead giving you things to consider and ...
Dec 20, 2024•45 min
"My 23 YO daughter got married this weekend. She has no debt outside her home, has emergency fund, but needs a newer car. Should she reduce 401K down to company match to save for car faster or maintain higher 401k contribution amount?" We'll walk you through that question and more in today's Q&A episode! 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 ...
Dec 18, 2024•21 min
"How would you approach a potential job change from a secure salaried job to commission based role? The new role would have a 50% cut in base pay but essentially unlimited upside potential." We'll walk you through that question and more in today's Q&A episode! 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 u...
Dec 16, 2024•24 min
Understanding where you fall on the financial spectrum - whether you're behind the curve, ahead of the curve, or right on the curve - can be an invaluable tool to help you develop a financial plan of action that's tailored to your unique life circumstances and needs. But, it can be hard to find the information necessary to make that determination. So, in this video, we'll explore how Americans stack up in some key financial areas. Jump start your journey with our FREE financial resources Reach y...
Dec 13, 2024•40 min
"Wife and I are both 27. We are at about $100k liquid net worth. We started 6 years ago but are both becoming misers! We get terrible spending anxiety. How do we overcome this and give ourselves some slack?" We'll walk you through that question and more in today's Q&A episode! 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 podca...
Dec 11, 2024•24 min
"I'm 52 and looking to retire in the next 5ish years. My wife is 61, but I'm the higher earner. What should we think about on when to draw Social Security for each of us?" We'll walk you through that question and more in today's Q&A episode! 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 f...
Dec 09, 2024•19 min
It seems to be pretty accepted that $1M is not enough to retire or reach Financial Independence for the majority of Americans- especially under the age of 55. When we talk about how much you save to reach $1M, we talk about it as a milestone on your path toward Financial Independence. So - is $1M enough for retirement? 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 f...
Dec 06, 2024•33 min
"I’m obsessed with checking my accounts daily, and I have major FOMO if I don’t. Is there a downside to Dollar Cost Averaging daily instead of on a less frequent basis?" We'll walk you through that question and more in today's Q&A episode! 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...
Dec 04, 2024•24 min
"Even though I'm maxing out my 401(k) at work I don't feel like I'm saving enough. How do you deal with this feeling?" We'll walk you through that question and more in today's Q&A episode! 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 bui...
Dec 02, 2024•22 min
We hear a lot of personal finance creators - and the American populace more broadly - talk about home ownership like it’s some one-way ticket to the good life. But the truth is in fact a lot more complicated than that. So we’re gonna dive into the numbers and show you how to assess the factors specific to your life, so that you can make a more informed decision along your path to wealth. Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the ...
Nov 29, 2024•32 min
"My fiancée is graduating from med school in two years and will have 300k in loans before she starts residency (50k/year). I make 200k a year. How do we handle it while saving for a home/wedding?" We'll walk you through that question and more in today's Q&A episode! 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 ...
Nov 27, 2024•26 min
"Open Enrollment Question: When might an HSA/high deductible plan NOT be a good idea? What should I consider? I currently have a low deductible plan but pay a higher monthly premium." We'll walk you through that question and more in today's Q&A episode! 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 so...
Nov 25, 2024•28 min
We know that debt can be dangerous. It can turn compound interest from your strongest ally into your fiercest foe. But we also know that financial mutants are optimizers. And in the right hands, certain types of debt can be a very valuable tool in your wealth building journey. So, we’re going to take you through a few common types of debt and their ins and outs to make sure you are best using these tools to your advantage. Jump start your journey with our FREE financial resources Reach your goal...
Nov 22, 2024•35 min
"I would love to hear the money guys talk about starting a business and what the boiling point is to set up an official LLC, give similar FOO advice for business financials, etc." We'll walk you through that question and more in today's Q&A episode! 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...
Nov 20, 2024•20 min
These are some tax changes you can’t afford to miss. November is the time for year-end tax planning. The IRS has recently released new, inflation-adjusted contribution limits and tax brackets for 2025 - including some really exciting additions from SECURE 2.0. 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...
Nov 18, 2024•34 min
Brian and Bo take on some of the craziest tax advice we've found on TikTok! 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 a...
Nov 15, 2024•19 min
"My wife and I are in the messy middle. These times are crazy. What advice do you have to organize life and get through this season?" We'll walk you through that question and more in today's Q&A episode! 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 yo...
Nov 13, 2024•26 min
Investopedia recently published a report stating they expect the average annual return over the next decade to shrink. It sure sounds a lot like what Vanguard said at the end of 2021. But were they right? 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 ...
Nov 11, 2024•28 min
It’s the show you’ve all been waiting for! As always, we show you the numbers here at the Money Guy show, and that’s exactly what we’re gonna do today. We’re going to take you through the life of a financial mutant! So, let’s jump right in. 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 mo...
Nov 08, 2024•38 min
