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Money Guy Show

How Rich People Get Rich in 2023 (Secrets Revealed!)

Money Guy Show

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

Education, Investing, Business

4.73.1K Ratings

🗓️ 7 April 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Which path to wealth will you take to abundance? There are several different paths to wealth, and your journey may lead you down several different paths. In this episode, we’ll discuss the different paths to wealth, how you can maximize each one, and the easiest path to wealth. 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

Have you ever wondered how do the rich get rich?

0:03.4

We are going to load you up today.

0:12.7

Brian, I am so excited about this because today we're going to walk through

0:16.6

the five past a wealth and how you can actually stack them up, tips and tricks to maximize

0:23.0

and then some traps to avoid to make sure that you don't go the wrong way to make sure that you

0:28.8

don't get distracted. But before we do that, if this is your first time checking us out,

0:32.8

first time hanging out with us, we want you to subscribe. So right now, just below the box,

0:38.2

subscribe so you can stay up to date with all the information we're putting out there like

0:43.6

how rich people are getting rich. Now remember, these are stackable. So, but you've got to find

0:49.4

your point of entry. Every person who builds wealth has to have the way that actually built the

0:56.0

foundation that did become what was the thing that got them into the category of wealthy and

1:02.0

then they started stacking other things. So these things are stackable. But what we're going to

1:05.8

try to do is stratify what percentage out of a hundred if you were trying to figure out how did

1:11.9

people become wealthy? This is going to be your ditty. Alright, so let's go to the first one. Right now,

1:16.5

you and I both become from very similar backgrounds. And this is something that I was taught at an

1:21.3

early age. This is something that I learned very on that the way that wealthy people become wealthy,

1:27.5

unfortunately, is you have to be born into it. You have to be someone who wealth is something that's

1:32.8

passed down from generation to generation. So if you want to be on that side of the equation,

1:36.9

your parents need us to have been on that side of the equation. Yeah, this is something I think I've

1:41.6

shared the first 22 years of my life because that's how long it took before I graduated from the

1:47.4

University of Georgia. Then took my first job in public accounting. But that's what I thought. I

1:52.5

thought, you know, really the the quickest past the wealth, the way the majority did it was and

...

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