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Money Guy Show

Can My Wife Become a "Stay-at-Home Mom?"

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

🗓️ 13 May 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

"Do you have any parameters for determining whether my wife can become a stay at home mom? Income would go from $150k to $70k. No mortgage or debt of any kind."

We'll walk you through that question and more in today's Q&A episode!

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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.

Transcript

Click on a timestamp to play from that location

0:00.0

Do you see what I mean though?

0:07.0

Do you see what I mean though?

0:08.0

Marathon Runner.

0:09.0

I mean when we try to put this in,

0:11.0

somebody's gonna turn this into a 45 second clip and

0:13.4

you people are what was that good luck I mean it should we give them

0:19.6

exactly 45 seconds to answer the next question. You want to try it?

0:23.6

That would be a fun exercise. Can we say a minute?

0:27.6

I don't think you're going to be able to do it on the question I have to do.

0:31.6

I'm not going to say one word. We're going to give you one minute to go and then you can always come back and

0:36.4

and we'll pick up the pieces after.

0:37.4

Full disclosure though with this exercise.

0:39.2

I know I'm not good at it.

0:40.8

So this is why this is a fun exercise is that this is to be a fun game

0:45.3

to give you some credit if you practice you know if you just practice or like

0:48.8

work on a little bit you can't do it well think about how practice how much

0:52.2

better practice is right practice how much better are his media hits now

0:56.8

than they were a couple months ago right your media hits are getting better

1:00.3

better better better again it's a muscle you've not flexed that muscles getting

1:03.4

jacked now you know what I yeah okay do you want to do it on this question is

1:08.2

this a good question yeah I mean I'm just gonna go with the question I've got I'm not

1:11.7

overthinking it so we're doing one minute.

...

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