"Been watching Money Guy for a bit now. I'm having a hard time deciding where to start and I need to because I’m way behind. Eight percent going to 401a with an 8% match. I'm not sure where to put more - 457? Roth IRA?" We'll walk you through that question and more in today's Q&A episode! Jump start your journey with our FREE financial resources Re…

"​​Do you have guidelines on housing cost in relation to net worth or just income?" 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 a…

Our show, “Retiring with $1,000,000 (by age)” - showed you that $1M probably wasn’t enough for financial independence especially if you’re 10+ years from retirement. But to get to those other millions? You have to get to the first million! We wanted to walk you through exactly how to grow your dollars, get to that first million (and then next four!…

"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 f…

"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 …

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 w…

"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…

"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…

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 nex…

"​​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 o…

"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 …

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 c…

"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 relati…

"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 relationsh…

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 …

"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 fina…

"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 ou…

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. …

"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 goa…

"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…

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 …

"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 r…

"​​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 Su…

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 info…

"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 w…

"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 produ…

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…

"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 …

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 ou…

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 Brin…

"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: becom…

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: beco…

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 …

"​​​​My wife and I are expecting a baby in March next year. She makes a significant part of our income and will be on maternity leave for about 3 months. What is the best way for us to prepare financially?" 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 goal…

"​​My friend is underwater on their BMW. They always seem to be servicing it and can't afford to maintain it anymore, but it's valued at $43k and his loan is $58k. What do you think about when deciding how to handle an underwater car loan?" We'll walk you through that question and more in today's Q&A episode! Jump start your journey with our FREE f…

It is never too early to start thinking about financial decisions you may need to make before the end of the year! Here are our top things you need to do before the end of 2024. 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 Yo…

"​​How does the FOO change if you’re self employed? My husband and I own our own businesses so we don’t have an employer match or 401K. Are there other savings methods we should be thinking about?" 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 …

We're launching a brand-new show! While we can’t share all the details just yet, we can tell you this: we are SO excited. And here’s the best part—you can be a part of it! 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 …

Fear plays a fascinating role in our lives, and our finances are no exception. One common fear that we see all the time that makes us so sad is the fear of investing. We know that wealth-building is available to everyone. However, so many people are missing out on getting started and investing their dollars because they are scared - or simply don’t…

"Question about budgeting - A few episodes back, Bo mentioned that how he doesn’t do budgeting anymore but cash management. How does that technically work? Just know how much left to spend each month?" 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 fas…

"Does the FOO change if student loan balance is huge? My financed loan balance is almost $300k." 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 e…

Reaching a million-dollar portfolio is a significant milestone. But with a growing portfolio comes growing complexity. Here are 5 wealth tips to help you manage and grow your wealth once you've hit this impressive benchmark. Jump start your journey with our FREE financial resources Reach your goals faster with our products Take the relationship to …

"My girlfriend and I are planning on moving in together early next year. I want to start fresh. Currently I have 14k in credit card debt, with roughly 16k in investments. Should I sell my investments to pay off the debt?" We'll walk you through that question and more in today's Q&A episode! Jump start your journey with our FREE financial resources …

"How do I know when I’m at the boiling point for investing?" We get that question all the time - so let's 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 fo…

These 10 money stats will blow your mind! We’ll discuss the unbelievable amount of money Americans save, when most reach millionaire status, and how many Americans carry a credit card balance. 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 …

We’re so excited to announce the launch of the Financial Mutant Survey! We want YOU to help us create this upcoming Money Guy episode and inform future content. Plus, we have some awesome, exclusive resources available as a “thank you” to everyone who participates. Go to moneyguy.com/survey to check it out! Jump start your journey with our FREE fin…

"I just started investing in my 401(k). I think I have it set up right, but it's all so new that I'm worried I'm going to miss something and make a mistake. What are some things I should look out for?" 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 fas…

"I'm 33 years old with a decent amount of debt. I'm worried about time missed out of the market so i'm maxing my Roth IRA before paying my high interest debt due to the time it would take to pay off. Thoughts?" 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 …

The Fed recently cut the rates by 0.5%, making the new target rate 4.75%-5.00%. Why did they cut the rate? And what does this mean for you? Let's walk through it together! 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 …

"With the Fed meeting today, and projections saying that they will drop rates a half percent, at what point should I pull the trigger and refinance?" 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 n…