How Should Your Emergency Fund Change Over Time?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 5 September 2022
⏱️ 21 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:07.0 | investing, taxing. |
| 0:09.0 | You've got financial questions, he's got financial answers. |
| 0:12.6 | It's Brian Preston, the money guy. |
| 0:16.0 | Let's move on to Luke out on YouTube. |
| 0:18.6 | He has a question he says, should I pay more towards student loans with the high interest |
| 0:23.5 | rate account of 5.1% or my mortgage of 5.75% they're very close. |
| 0:35.4 | I think you frustrated, Bo. |
| 0:37.4 | Well, I mean, I'm not surprised. |
| 0:40.2 | I mean, mortgage rates have been going way up. |
| 0:42.2 | I mean, I think we've been spoiled. |
| 0:44.1 | And I've shared with people, my first house purchased, my mortgage rate was 6.75 and |
| 0:49.2 | I felt like I stole it because we just come through a period. |
| 0:52.7 | My wife and I were talking about the other night is that we're because what a nerdy conversation. |
| 0:59.7 | We were talking about our old mortgage rate. |
| 1:01.6 | No, she was because we were just talking about the current world and what's going on. |
| 1:05.5 | She's like, do you remember the rates were like 8% when we were buying that first house? |
| 1:10.0 | And I was like, yeah, that's why we felt like we stole it when we got six and three quarters. |
| 1:14.4 | So to hear you grumble at five and three quarters, I mean, I get it. |
| 1:19.4 | But it's so interesting because I don't know, did Luke give his age? |
| 1:24.4 | Is he in his 20s, 30s? |
| 1:26.6 | He does not say. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

