5 Ways You Can Overcome Financial Adversity During a Pandemic!

Money Guy Show

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

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 24 April 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hardship is, unfortunately, a part of life. Whether it's an economic downturn, losing a job, or the loss of a loved one, how we handle these situations can change our lives forever. We know the gravity of what it's like to be hit with adversity. Even though we tackle some serious subjects in this episode, Brian wanted to title it "Victory from the Jaws of Defeat!" Let's talk through personal stories and tried-and-true strategies for persevering through a negative situation and coming out stronger on the other side. For more information, visit: https://www.moneyguy.com/2020/04/overcome-financial-adversity-during-a-pandemic/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Five ways to overcome financial adversity.
0:03.7	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:10.9	investing, taxing.
0:12.7	You've got financial questions, he's got financial answers.
0:16.3	It's Brian Preston, the money guy.
0:18.9	Yeah, Brian, you know, here's, it's just a fact.
0:21.9	There are going to be things whether they are personal business, financial, non-financial.
0:28.3	There are going to be things that are going to have an impact on us that are going to
0:31.6	have financial impacts and financial implications.
0:34.4	And it's not a matter of if these things are going to happen.
0:37.9	It's a matter of when these things are going to happen.
0:39.8	How do we handle them?
0:40.8	And I think, look, a lot of people go here, this title, and I'm like, oh, no, this is going
0:44.9	to be such a downer show.
0:46.5	No, no.
0:47.5	I want you guys to hang in there with me because I actually titled this show, but nobody
0:50.9	listens to me.
0:51.9	You know, I found this thing, but nobody listens.
0:54.3	I want to title this victory from the jaws of defeat because, and look, I'm dead serious
1:00.9	about this.
1:01.9	I think a lot of negative things that can happen in your life.
1:05.0	If you look at them through the right lens, and you try to figure out if there is something
	...

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