How To Become Rich Making Less Than Six Figures!

Money Guy Show

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

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

4.6 • 2.8K Ratings

🗓️ 21 June 2019

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Can you become rich making less than six figures? This goes against the grain of what most people believe. In fact, the statistics show that over half of baby boomers and millennials believe people inherit their wealth. However, the reality is that only 21 percent of wealthy people inherit money and of that only 3 percent are millionaires.

This means, then, that the overwhelming majority of millionaires are your self-made, next-door types! This also means that you don’t necessarily have to make boatloads of money in order to become a millionaire. Tune into this week’s episode to find out how to avoid all the traps, pitfalls, and mistakes that can interfere with your potential to become a millionaire.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/06/how-to-become-a-millionaire/

Transcript

Click on a timestamp to play from that location

0:00.0	How to become rich, making less than six figures.
0:03.7	Today we're going to talk about all the traps,
0:05.7	all the pitfalls, all the mistakes that you can make
0:08.4	as well as how to become a millionaire,
0:10.4	even if you don't make a lot of money.
0:12.4	It's Brian Preston, the money guy,
0:15.4	restoring order to your financial chaos, retirement,
0:19.2	investing, taxing.
0:21.2	You've got financial questions,
0:22.8	he's got financial answers.
0:24.7	It's Brian Preston, the money guy.
0:28.2	Guys, exciting shows.
0:29.5	You can see I got some special guests.
0:31.6	Bo goes on vacation with his family.
0:33.8	I guess he found out I always go be on vacation,
0:35.8	so he's like, you know what, I can't let Brian one up me.
0:38.5	So I'm going to go on vacation.
0:40.0	And this is kind of a competition.
0:41.5	So anybody, if you were watching the live stream,
0:44.4	I need you to call your friends, your aunts, your uncles.
0:47.8	We got to beat Bo's numbers so that he doesn't try
0:50.4	to take over.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.