Financial Lies That Are Going VIRAL (Money Guy vs. The Internet)

Money Guy Show

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

Investing, Education, Business

4.7 • 3.1K Ratings

🗓️ 15 December 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s Money Guy vs. the internet! We wanted to debunk the top 4 financial lies that we see over and over again in reels, in articles, and X feeds to help you understand what’s real, what’s fake, and how to do money better. 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	Shame,
0:01.4	shame, financial laws that are going viral, shame. Run, I am so excited about this one because I don't know if you know this, there is a lot of
0:19.5	information out there on the internet and surprisingly not all of it is good not all of it is accurate
0:26.8	not all of it is information that you should take away and apply to your financial
0:32.0	life so right now today we want to set the record straight.
0:34.5	We want to let you guys know about some financial lies
0:38.2	that we've seen out there going viral
0:40.5	that you should not buy into it.
0:42.4	And by the way way to protect yourself,
0:44.0	make sure you subscribe today.
0:46.0	Turn on the notifications
0:48.0	because we're gonna load you up.
0:50.0	All right, Brian, this first one is one that's near and dear to us about something that we love but turns out the internet does not love it
0:57.9	Check out this video
1:00.4	401k is the biggest scam in America.
1:03.4	401k's are a scam.
1:04.9	401k's are the worst investment.
1:06.7	Shame!
1:07.7	Screw the 401k.
1:08.7	The most idiots out there, they go, oh I have a 401k.
1:11.6	Well, you've been sold a bill of good sweetheart.
1:13.4	401k's are just there to keep people at work not trying to create financial freedom.
	...

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