3 Reasons Why Americans Are Still Broke!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 21 February 2020
⏱️ 43 minutes
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Summary
Transcript
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| 0:00.0 | Three reasons why Americans are still broke. |
| 0:04.1 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:11.2 | investing, taxing. |
| 0:13.1 | You've got financial questions, he's got financial answers. |
| 0:16.7 | It's Brian Preston, the money guy. |
| 0:19.4 | Run, you know, this show, it sounds like it's going to be negative, but this is actually |
| 0:23.0 | going to be a positive uplifting show. |
| 0:24.8 | The truth of the matter is, is that we know in our current state of our country, there |
| 0:30.3 | are a lot of folks that just don't make wise financial decisions and do not find themselves |
| 0:35.6 | in the healthiest financial circumstance. |
| 0:38.1 | In our opinion, it's a little bit their fault most often. |
| 0:42.0 | Yeah, I mean, we have a huge problem where I think the average American is trying to keep |
| 0:45.8 | up with the Joneses. |
| 0:47.2 | We have an issue where we're looking around instead of being happy with what we have. |
| 0:51.8 | We're trying to look at our neighbors and what we, all the statistics show is our neighbors |
| 0:57.6 | are broke. |
| 0:58.6 | And here's what makes me so sad about this whole thing. |
| 1:01.7 | You have everything in the world going for you. |
| 1:04.4 | We are in a globalized economy, meaning that the world is getting smaller and smaller. |
| 1:10.2 | Innovation is actually speeding up. |
| 1:12.6 | There is no reason that we all shouldn't be benefiting from these great things economically, |
| 1:19.3 | but we can't get out from underneath our own just consumption. |
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