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Money Guy Show

How to Reduce Your Money Stress

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

🗓️ 28 May 2025

⏱️ 61 minutes

🧾️ Download transcript

Summary

78% of people think this helps reduce your financial stress. See if we agree and how we're helping relieve your money stress. After that, we're taking helping your money stress to the next level by answering your financial questions! ⁠⁠⁠⁠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

78% of the folks stressed about money and have anxiety.

0:11.4

Bo, how do we fix this?

0:12.5

Brian, I am so excited to talk about this because I believe this is something we can fix.

0:17.6

This is actually a statistic that we can impact, that we can improve,

0:22.0

because I think a lot of people feel this way. Money and talking about financial topics,

0:27.1

it just raises a lot of discomfort and a lot of anxiety. And I think that's pretty common

0:32.6

across the American populace. Well, I mean, we live in anxious times. And if you know anything about

0:39.0

stress, anxiety, a lot of times it's because you're worried about decisions you made in the past,

0:44.7

or you're worried about your future, some big thing happening. But you know what can really help

0:49.8

out with all of this? Instead of just letting life happen, instead of just being a passive participant,

0:55.4

you can actually take an active role and guess what? Plan. I think planning is the missing

1:01.5

cogbo that can help people see the other side of this. Yeah, there was actually a study done

1:06.6

by Empower and they said, hey, how would you feel about this? And 78% of their respondents

1:12.9

that said having a financial plan, having something actually written down helped reduce their

1:18.7

stress. Brown, we talk about this all the time. And we see people who have like big goals or big

1:24.0

visions or big dreams. One of the things we always say to is if you actually want to see

1:28.2

that dream become a reality, if you actually want to see your circumstances change from where they are

1:33.4

right now, you have to actually write it down. You have to have pen on paper so that you can come up

1:38.6

with steps to move from where you are today to ultimately where you want to be. And when it

1:43.2

comes to your finances,

1:47.8

it's really no different. Well, and I think people will quickly realize a lot of the things they stress about are things they actually can control. So the big thing, if I was giving advice

1:52.4

on how do we get on the other side of this stress or anxiousness that you have, first figure out

...

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