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Money Guy Show

How People REALLY Feel About Money! (Shockingly BAD Stats)

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 4 January 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Many Americans are bad with money, but just how bad is it? In this Q&A, we’ll dive into some truly shocking stats revealing how Americans truly feel and think about money - and how to do better if you are bad with money. 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

We just learned what people think about money and it's not good.

0:04.8

It's Brian Preston, the money guy, restoring order to your financial chaos.

0:10.6

Retirement, investing, taxes.

0:13.5

You've got financial questions, he's got financial answers.

0:17.1

It's Brian Preston, the money guy.

0:20.4

Run I am excited about this because here we are.

0:23.4

It's a brand new year, brand new time to start over financially.

0:26.9

We want you to start off on your financial journey on the right foot.

0:32.0

I want to share with you some shockingly bad stats that might surprise you and we hope

0:37.6

you do not become one of these statistics.

0:39.8

We try to keep our hand on the pults and the fact that there are institutions that when

0:44.0

they do research studies and other things, I love getting the read through those and

0:48.4

figure out what are people thinking?

0:50.6

What's the general feeling towards money?

0:52.0

Fidelity just had a survey come out that had younger people, 18 to 44 years of age and

0:57.9

asked them some unique questions.

1:00.2

I got to tell you, his bow just set up.

1:02.4

This was not positive.

1:03.4

Bow, let's go ahead and hit him with some of these stats.

1:05.8

Yeah, here's the first stat that we thought was really interesting.

1:08.2

51% of these respondents aged 18 to 44 don't pay attention to how much they save or

1:15.2

how much they spend so long as they have money in the bank.

...

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