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Money Guy Show

How to Be Wealthy in Your 20s, 30s, 40s, and 50s

Money Guy Show

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

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 24 October 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

Wealth isn’t just about money - it’s about time, freedom, and fulfillment. We walk you through what it really means to be wealthy in your 20s, 30s, 40s, and 50s. Learn how to build wealth, master your mindset, and create a life where you get to do what you want, when you want, with who you want. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠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. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠NordVPN.com/MONEYGUY⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

After a magical visit to the Kingdom of Caring, there's been a spooky mashup in Happy Meal, and the Care Bears are all jumbled up. Join the Care Bears on their most spellbinding adventure yet. Some fun, some food, it's all inside this Happy Meal. Until 4th of November from 11am, includes one pre-selected book or toy, while stocks last. Subject to availability, fair ordering policy applies. Adobe Acrobat Studio so brand new. Show me what the things that PDFs can do.

0:24.0

Do your work with ease and speed. PDF spaces is all you need. Do hours of research in an instant. Key insights from an AI assistant. Pick a template with a click. Now your prezo looks super slick. Close that deal. Yeah, you won. Do that doing that, did that done.

0:39.3

Now you can do that.

0:40.8

Do that with Acrobat.

0:43.0

Now you can do that.

0:44.5

Do that with an all-new acrobat.

0:46.5

It's time to do your best work with your new Adobe Acrobat Studio.

0:50.4

What does it really mean to be wealthy in 2025?

0:53.7

The answer may actually surprise you.

0:55.5

Brian, I am so excited about this because we know that everyone's financial journey looks a little bit different.

1:01.6

And depending on where you are in your journey and your goals, your targets, and your milestones,

1:07.3

they might all look a little bit different to.

1:10.0

So today, we're going to look at each

1:11.8

decade of your financial life and go over what you should focus on the checkpoints to keep you

1:17.0

on track and the financial markers you can use to make sure you're right on track. Let's jump right in.

1:34.4

So let's talk about how to be wealthy in your 20s, because this is the very beginning of the journey. You are coming out of the starting blocks. And in this age, at this phase, it's really

1:40.4

about getting the behavior right. Guys, if I could get you excited about any decade, this is the opportunity when you're a billionaire of time to leverage and maximize every opportunity you can because it's kind of hard to screw it up if you do this right.

1:56.7

So when we think about what wealthy looks like in the 20s, there is a wonderful quote by Benjamin Franklin.

2:03.5

I think that lays this out really well. Benjamin Franklin said, many a man thinks he is buying pleasure when he's really selling himself to it.

2:12.0

Brian, how many folks early on in their journey have we seen fall into this exact trap?

2:18.3

Well, I mean, we go through a lot, most of us are first 20 years.

2:22.8

We feel like we're under the thumb of somebody else, whether it's your parents or something.

...

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