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Money Guy Show

Financial Advisors React to BONKERS Financial Advice

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

🗓️ 2 June 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

We react to some of the most extreme financial advice circulating online - from street hustles and scratch-offs to anti-debt rants and luxury car negotiations. We break it all down with insights, laughs, and practical takeaways for financial mutants who want to build real wealth. ⁠⁠⁠⁠Jump start your journey with our FREE financial resources⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Reach your goals faster with our products⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Take the relationship to the next level: become a client⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Subscribe on YouTube for early access and go beyond the podcast⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Connect with us on social media for more content⁠⁠⁠⁠⁠⁠⁠ 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Why do you hate Dave Ramsey?

0:01.1

I don't hate Dave Ramsey.

0:02.0

I just hate everything he teaches.

0:03.2

Are we going to finally have a video where you and Chris are like United?

0:06.2

It makes me so mad.

0:07.3

You need emergency money?

0:08.6

Just go to the street corner and say, stop the car.

0:10.6

Give me 500.

0:11.5

I'll give it back to you here.

0:12.4

You heard from Grant.

0:13.0

When are we going to put an Eagle scream in our closing? The content minions have been busy and put together some more crazy content.

0:25.6

Brent, I am so excited about this because oftentimes the internet is unhinged and I have a feeling today is going to be no different. Let's dive right in.

0:33.6

The real estate doesn't make money. Making money is me going on the street corner right here and say, stop in cars. Can somebody give me $500 right now? I need it right now. If you need emergency money,

0:41.3

just go to the street corner and say, stop the car. Can you give me $500. I'll give it back to you in a year.

0:45.3

I can get somebody out there to give me $500. You can't get that out of in real estate, you don't go back to the street corner. Because I was out hustling 500. In that case, I was 30 years old hustling car dealers for money. I would get the money

0:58.2

from the car dealer, the one out of 10 that said yes to me. Take the money, throw it in a real estate.

1:02.3

You don't go hustle another car dealer. He's basically saying, go out there and hustle. You got to go

1:06.3

make the money and then you got to put it into passive type investments like real estate. Grant kind of gives

1:12.1

his whole game up because that's been, look, he's one of those, he's smooth talking. He's like

1:18.0

the Rick Flair of personal finance. You know, he's, it's all about how he looks and smoothly puts

1:24.2

things and then he gets you to, he basically is sharing, go buy his

1:27.5

course, go buy into this, so he can go put it into his own passive strategy.

...

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