5 Levels of Wealth AND How to Achieve Them!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 27 November 2020
⏱️ 66 minutes
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Summary
Transcript
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| 0:00.0 | Five levels of wealth and how to achieve each one. |
| 0:04.0 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:11.0 | investing, taxing. |
| 0:13.0 | You've got financial questions, he's got financial answers. |
| 0:16.6 | It's Brian Preston, the money guy. |
| 0:20.0 | Yeah, Brian, I'm really excited about this show because one of the questions we get asked |
| 0:23.8 | all the time, right? |
| 0:25.7 | Because what we do in our day job is we are fee-only financial advisors. |
| 0:28.8 | And we're blessed we get to work with folks in all walks of life, some folks who are starting |
| 0:33.2 | out on their financial journey, still building, and other folks that you would say have made |
| 0:37.4 | it. |
| 0:38.4 | And one of the questions we always get asked is, hey, you know, how do I know what wealth |
| 0:42.3 | he is? |
| 0:43.3 | Hey, what do you consider to be rich? |
| 0:44.9 | And we've heard that so much. |
| 0:46.2 | We thought, you know what? |
| 0:47.6 | Why don't we share our view and our thoughts on the levels of wealth? |
| 0:52.7 | Yeah, and I think this is so powerful because you'll see guys, building wealth is surprisingly |
| 0:58.8 | simple, but but it is so far from being easy because the majority, and you're going to |
| 1:04.6 | see this, it's not going to take much to get you in the top half of Americans. |
| 1:09.2 | The majority fall prey to marketers, they're over consumption, and then they also just |
| 1:15.8 | have a horrible relationship with that. |
... |
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