Financial Advisors React to Horrible Inflation Advice

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

🗓️ 1 April 2022

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Inflation is running at its highest rate in over 40 years, and everyone wants to know how to make the best financial decisions in periods of high inflation. Unfortunately, we've seen some misguided, misleading, and BAD inflation advice out there. In this episode, we'll react to some of the most horrible advice we've seen and tell you how to do things the right way. Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you are someone in the market looking for a house right now,
0:04.1	perhaps this has been an experience that you've had recently.
0:08.9	Thank you for calling Zilla. How can I help you?
0:10.5	Yes, how you doing? I'm looking into purchasing a three-bedroom house.
0:13.9	Alrighty, what's your budget?
0:15.5	300,000.
0:16.6	BAH!
0:17.1	BAH!
0:18.0	BAH!
0:18.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
0:19.8	BAH!
	...

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