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Money Guy Show

3 Signs Your Friends Are Secretly Broke (By Age)

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 21 November 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Your friends might look rich on social media, but what’s really happening behind the scenes? We walk through the visual, behavioral, and mindset signs of being secretly broke (in your 20s, 30s, 40s, and 50s) and contrast them with the habits of people who are quietly building real wealth. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠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 and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. ⁠⁠⁠⁠⁠⁠DRINKAG1.com/MONEYGUY Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Why are businesses like HelloVet choosing Apple products and services?

0:05.0

So we started the business two years ago.

0:07.0

We had a few people who were used to PCs and this was their first foray into Macs.

0:12.0

But it's been super smooth getting everyone onto those devices and everyone seems really, really happy.

0:18.0

Find out how Mac can help you run and grow your business at apple.com forward slash

0:23.6

HelloVet.

0:25.9

Do you ever scroll through your friends' feeds and think, how in the world do they afford all this?

0:31.6

Brian, I am so excited to talk about this because looking rich and actually being rich to very different things.

0:39.8

It's easy to feel like you're falling behind when you look at the lifestyles of everyone around you.

0:44.3

But today, we're going to expose the truth.

0:47.4

The sneaky signs your rich friends might actually be broke.

0:51.3

And we'll share the habits of people who are quietly building well so that

0:55.6

you can become one of the secretly rich. Let's dive right in.

1:03.8

In true money guy fashion brown, we thought, okay, let's not just talk about what the secretly broke

1:12.0

and the secretly rich look like, but let's actually break it down by age. And what better

1:16.5

place to start at the very beginning with folks in their 20s. Yeah, and why not put a little

1:21.1

language that kind of ages me? The yolo crowd of the 20s, you only live once. Yeah, this is the people that want to live their dream

1:30.4

life right now. The idea of a 40 or 50 year career sounds daunting. And they want to escape that

1:38.3

before they even get started. And so they begin thinking, how can I live my dream life right now today? Because

1:46.7

ultimately, that's what matters. Yeah, I hate this because instead of understanding the concept

1:51.0

of deferred gratification, a lot of times these people are saying, hey, tomorrow's not promised,

1:55.3

so I'm going to live exclusively for today. What they don't understand is understand is that that sacrifice or that mindset might

...

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