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Brian Preston and Bo Hanson, fee-only financial planners and wealth managers, go beyond common sense as they help you make smart financial decisions. Their professional credentials, sophisticated topics, and approachable style have attracted thousands fans and made them a personal finance phenomena. Learn more about Brian and Bo, read, listen, or watch the show, follow the blog, and connect directly to go beyond common sense at www.moneyguy.com.
 
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It's shocking that 35% of American employees are leaving free money on the table by not getting their employer match. 401(k) accounts tend to hold the largest amount of assets in the average portfolio. In fact, 80% of millionaires invested in their 401(k) match and many credit this account as being a huge catalyst to reaching their first $1 million…
 
We were recently sent an article called, "It’s Not What You Earn, But What Your Parents Have that Truly Counts." So... if your parents weren't rich, should you stop expecting to have wealth? Is there data to support this claim? Join us in this episode to hear our (very strong) opinions on this article, then we'll answer your questions!…
 
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 me…
 
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…
 
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 t…
 
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…
 
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 mentalit…
 
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 …
 
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…
 
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 unpac…
 
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 l…
 
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 secr…
 
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 fasc…
 
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 …
 
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 a…
 
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 …
 
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 thi…
 
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-te…
 
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 t…
 
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/…
 
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, …
 
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 p…
 
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…
 
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 e…
 
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…
 
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 informati…
 
Who wants to be a millionaire? Everyone. We believe that everyone can build wealth, but what does it actually take to be a millionaire? In this episode, we not only walk through habits and characteristics of highly successful millionaires, but we also break down powerful numbers and strategies. How much do you need to save at your age to become a m…
 
How do you know you're on the right track on the path to financial abundance? Consider this episode your roadmap to financial success! We walk through each step along your financial journey, explaining how to tell if you're on track, pitfalls to watch out for, and exactly what you need to do to get to the next level. For more information, visit: ht…
 
Financial freedom lets you do what you want, when you want, and how you want. FIRE (Financial Independence/Retire Early) is the dream that you can take advantage of this sooner! So, how has 2020 affected the FIRE movement? We pull out the big guns and run some example Monte Carlo simulations in real time with software we use for our financial plann…
 
Owning a new car sounds great... but is it actually keeping you poor? Buying a car can be a treacherous process, threatening to knock your financial life way off course. This episode will walk you through everything you need to know! You'll be able to walk off the lot knowing you made an informed decision and got a good deal! For more information, …
 
Everyone wants to be wealthy, but wanting it and being ready for it are two very different things. After a combined 4 decades of experience, we've seen real life examples of what can go wrong if someone truly does not have the right mindset to handle significant wealth. Let's make sure you're 100% ready for the success that's coming your way! For m…
 
I think it's safe to say that 2020 is a year we would all like to leave behind. If we could travel back in time, there are lots of things we would have told our 2019 selves to do differently. Take that trip, go to that movie, invest in virtual meeting software! While we don't have a Delorean, and our flux capacitor isn't operating at full capacity,…
 
Golidlocks and the Three Bears is a great example of a smart investment strategy. How so? Many investors get caught up in doing too much or let fear cause them to do too little while a "Goldilocks investor" discovers the balance of "just right." In this episode, we break down the numbers. What happens to your dollars over time if you time the marke…
 
Are there clues, secrets, or hacks to financial success? Of course there are! That's what The Money Guy Show was built off of. Understanding these 3 key factors can change your trajectory and usher you into financial success. For more information, visit: https://www.moneyguy.com/2020/10/do-this-to-be-rich-3-secret-ingredients/…
 
YouTuber, real estate mogul, and 30-year-old millionaire Graham Stephan check all the boxes: flashy titles, fancy cars, and an edgy slogan. When observing an influencer like Graham, how can you tell if they're legit? In this episode, two fee-only financial advisors give an honest reaction and breakdown and Graham's money philosophy. Without spoilin…
 
The biggest obstacle to your success is right between your ears. With the amount of information at our fingertips and media outlets vying for our attention, it's so easy to be swayed by questionable financial advice. Our goal is to help you know what's coming your way! We want you to have wisdom that helps you weather the barrage of ideas, opinions…
 
"Is the next recession around the corner?" Every four years, we get this question without fail - and this year is no exception! No matter your candidate or preferred party, it's easy to fall into worrying about the election's impact on our economy and your personal portfolio. Let's debunk some lies, examine history, and make sure your finances can …
 
What actually happens if you let your finances get out of whack? We've been managing money for close to four decades combined. We're sharing the common mistakes we've seen, how you can avoid them, and breaking down how each one affects your financial plan. For more information, visit: https://www.moneyguy.com/2020/09/if-you-do-not-follow-this-finan…
 
Have you heard the BIG NEWS!? We’re excited to bring you our first-ever online course! This online learning experience will walk you through every step of the Financial Order of Operations (“FOO”), and show you how to immediately apply these principles to your own life. What’s the FOO? We like to think of it as the official instruction manual for m…
 
8 out of 10 millionaires reached millionaire status by age 49 inside their 401(k)! This investment tool is too powerful to overlook, but how exactly does it work? How can you be sure your 401(k) plan is a good one? And are you sure you're maximizing its full potential? In this episode, we break it all down, equipping you with everything you need to…
 
It's great to be intentional about how you spend your money, but is it always the wisest choice? You can save money by cutting a corner or being cheap, but if it is going to impact you in the long-term... those savings are empty and could actually cost you. This show walks you through the items you should think twice before hunting for a bargain! F…
 
You want to know you're making the right decisions with your money, but no one is perfect. While we recognize you'll have your moments of error, we want to make sure you get the big items right! What are the 3 most significant financial areas that will make or break your financial life? This episode unpacks some fundamental financial strategies tha…
 
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