5 Financial Decisions That Changed Our Lives (And Can Change Yours, Too!)
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 14 June 2024
⏱️ 30 minutes
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Summary
Transcript
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| 0:00.0 | Five financial decisions that changed our lives and they can change yours too. |
| 0:07.0 | But I am so excited about this because often we have the opportunity to share |
| 0:15.3 | mistakes that we've made and we want you guys to learn from our mistakes but |
| 0:18.8 | today's episode is a little bit different. We've actually thought through some |
| 0:22.3 | decisions we've made in our lives |
| 0:24.3 | that have actually turned out pretty good and what's interesting is there are some lessons that |
| 0:28.7 | we have taken away from each of those decisions we made that we want to share with you to hopefully help you do money better. |
| 0:35.0 | I'm glad you focused on because I will say one of the things I was very proud of was I was writing |
| 0:39.4 | Millionaire Mission is I did share a lot of my regrets even my mistakes but today I love that we're |
| 0:44.7 | actually going to celebrate some of those good decisions you know we have a friend |
| 0:49.2 | who actually was kind of a mentor in a lot of ways he said guys you never going to know the best day you've ever worked |
| 0:56.1 | you never know what small decision you're going to make that will actually have its own |
| 1:01.1 | spider web of change that actually impacts your entire life. |
| 1:05.4 | So today it's fun to kind of reminisce and look back at these five decisions. |
| 1:09.2 | It probably at the time seems so small, but now they've had a huge ripple effect and have changed our life |
| 1:16.0 | but we've also created teachable moments in each one of these experiences. |
| 1:19.7 | All right brats let's jump into the first one this one is is decision number one. I'm going to give you |
| 1:23.6 | credit for this one although I had a similar experience. You said saving $100 a month |
| 1:29.6 | what's the story there? What was the decision that was made?, Mr. Morrow and that economics class wasn't even part of the curriculum, but Mr |
| 1:36.8 | Morrow walked in one day and I don't know if this was out of financial, his own financial |
| 1:40.5 | regret or if he'd just learn the power of compounding growth, but he |
| 1:44.4 | walked in one day and said, guys, if every one of you would just save and invest |
... |
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