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Money Guy Show

Financial Hacks and Habits of the Top 1% (By Age)

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 3 February 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Who wouldn’t want to have a high enough income and net worth to be considered part of the top 1%? In this episode, we’ll tell you exactly how much you need to be considered part of the top 1% - and the habits and hacks those in the top 1% used to get there. Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Check out our course, Know Your Number! - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You ever want to know the financial hacks and tips of the top 1%?

0:04.4

Brun, I am so excited about this show because it seems like every generation is absolutely

0:16.3

infatuated with the rich and the famous and the most successful folks.

0:21.4

I mean, if you think about your generation, you guys love the lifestyles of the rich and

0:25.4

famous.

0:26.4

You just nat my generation was cribs or maybe some of our younger listeners, you guys

0:35.6

like to think about keeping up with the Kardashians.

0:37.4

And no matter who it is, we're all so curious about what the lives of the rich and famous

0:43.7

and successful look like.

0:45.1

But can we be honest, those shows, I don't think they really portray what the lives of the

0:51.1

rich and famous, it might be what they want you to think or what they want to portray.

0:55.8

In fact, MTV cribs in particular, I think it came out later that a lot of the celebrities

1:01.5

that were on that show were renting out properties, they were faking, they were staging it.

1:07.0

So just like most things in life, in this new brand new influence or era that we live

1:13.6

in where people are doing everything for the gram or TikTok or whatever else, what you

1:18.3

see might not be the reality of the situation.

1:21.3

So we want to kind of actually help you navigate what is the reality of creating wealth.

1:27.2

Now we're so excited because we get to sit in this unique position.

1:30.6

We work with very successful individuals and families all across the country, a number

1:35.8

of which actually fall into that top 1%.

1:38.3

So we want to share through our experience some of the things, some of the traits, some

1:43.4

of the habits we have seen them implement that they would say are a key to their success

...

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