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Money Guy Show

3 Ways You Are Ruining Your Financial Life!

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 21 August 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

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 that will either set you up for success or completely ruin your financial life. For more information, visit: https://www.moneyguy.com/2020/08/ruining-your-financial-life/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The three major ways you're ruining your financial life.

0:04.5

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, investing, taxing.

0:13.4

You've got financial questions, he's got financial answers.

0:17.1

It's Brian Preston, the money guy.

0:20.3

Brad, I feel like you and I talk about this all the time.

0:22.7

Building wealth is surprisingly simple.

0:27.5

It's not some complicated formula.

0:29.3

It's not something that you have to have an advanced degree to do, but just because it's simple, it's not always easy.

0:36.6

Well, I like these episodes too, though, because we have an ever-expanding tent.

0:40.5

I mean, we're adding six, 7,000 people every 28 days.

0:46.0

I want that number to expand even beyond that because we've got to get to 100,000 by year insipolis.

0:51.6

Don't be just a spectator.

0:53.4

Join the family. Sign up.

0:55.4

Here's the thing. It's important that we build foundational knowledge.

1:00.4

You just know it.

1:01.9

Building wealth is surprisingly simple, but very far from easy because a lot of people, it's not that they're not getting everything right.

1:11.9

It's that they're kind of missing the big stuff.

1:13.9

You like to say it in a better way.

1:15.4

You say they're majoring in the money.

1:17.6

That's exactly right.

1:18.5

We sat down as a team and we said, okay, if we operate under the assumption that you can't get everything right,

1:25.3

or that it's likely you're not going to get everything right.

...

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