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Money Guy Show

How Wealthy People Save and Spend Their Money Show! (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

🗓️ 15 January 2021

⏱️ 64 minutes

🧾️ Download transcript

Summary

We’re guilty. Lifestyles of the Rich and Famous and Cribs influenced our childhood ideas of what wealth looks like more than we would like to admit. Today, we work with wealthy folks from all over the country and help them make smart financial decisions. The contrast between common perceptions of wealth and the characteristics of truly successful people is stark! In this episode, we pull back the curtain to reveal what true financial success looks like and what milestones or characteristics you should (and should not) strive to emulate. For more information, visit: https://www.moneyguy.com/2021/01/how-wealthy-people-save-and-spend-their-money-show-secrets-revealed/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

How wealthy people save and spend money.

0:04.0

Secrets revealed.

0:05.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:12.2

investing, taxing.

0:14.2

You've got financial questions, he's got financial answers.

0:17.8

It's Brian Preston, the money guy.

0:21.2

Right, I love and am so excited about the shows that we get to do where we reveal some

0:26.4

secrets that we've been able to garner, not only from our own personal financial success,

0:31.6

but in our day jobs, we get to work with wealthy folks all over the country, helping them

0:35.4

make sound financial decisions.

0:37.4

And every time we meet a new person and hear their story and hear the things that they've

0:40.4

done, we're able to sort of amalgamate those traits.

0:43.6

And whenever we put it together, we're like, hey, there's some common stuff here that

0:47.2

maybe our audience could learn from and benefit from.

0:49.8

Well, there's common stuff that we have learned, but here's what I think is interesting.

0:54.4

There's a complete disconnect from what the media and social, you know, all the social

1:00.9

stuff out there, the Twitter's, the Facebook's.

1:03.8

They're showing you one thing and then we're actually learning what real wealth is.

1:08.6

There's a disconnect.

1:09.8

So anytime I can create a bridge to let you see where you're kind of being misled or

1:15.7

you know, as we put in the title, secrets revealed, we're kind of breaking open stuff

1:19.5

so you guys can learn and apply this stuff to your own finances.

...

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