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Money Guy Show

Financial Confessions: The Money Mistakes You’ll Never Forget

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

🗓️ 19 May 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

You (the financial mutants) submitted your most jaw-dropping, hilarious, and painful financial confessions - and we’re unpacking them all. From underwear that depreciated too much to haunting Bitcoin regrets, these stories will make you laugh, wince, and maybe rethink your own money habits. ⁠⁠⁠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

Click on a timestamp to play from that location

0:00.0

This is a big L. It's not a money win. I'm so nervous. Here's what I'm nervous.

0:03.5

If that's a part three, that account now has $255,000 in it.

0:08.5

Man, Bitcoin just is chasing this guy around.

0:13.6

What a special day. The content team has asked you guys to give us your financial confessions.

0:20.5

Can't wait to see how this goes,

0:22.5

Bo. Brent, I am so excited because these are our people. These are our financial mutants explaining

0:27.7

some of their money decisions. I'm curious to see how this goes. Let's dive right in.

0:33.1

So I hate buying clothes. I don't place any value in clothing other than just a utility.

0:39.4

And so I wear them beyond what maybe a reasonable person would do.

0:43.4

So I had a pair of underwear that had fully started coming apart at the seams.

0:48.9

But I kept wearing them because why replace them if they're still functional?

0:53.3

Right? They're not functional.

0:54.7

They're not too much.

0:55.7

Well, it got to the point, and they're not too distant past, actually, 2025 this year,

0:59.8

that the entire supportive nature of these underwear, the briefs, was not existent.

1:07.2

So one day, I happen to be in the kitchen in set underwear, checking out of the dishwasher

1:12.3

I thought I saw maybe a leak or something. I saw it on my hands and knees. Without getting into the

1:17.0

explicit details, let's just say that I was hanging out doing some home maintenance that day. And my

1:23.8

wife walked in and was not too impressed at the sight that she saw.

1:28.1

Told me I had to throw them away immediately.

1:30.6

So I gave in and threw them away.

1:33.6

Needless to say, those underwear had been fully depreciated and had served in my army of dollars to the full.

...

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