meta_pixel
Tapesearch Logo
Log in
Money Guy Show

"I'm Saving 60% of My Income - Should I Stop?"

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

🗓️ 25 March 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

"Our saving/investing rate is 60% in our mid 20s. How do we know if we're being a financial misers, or just frugal? we save and buy the things/experiences we want, just not often."

We'll walk you through that question and more in today's Q&A episode!

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.

Transcript

Click on a timestamp to play from that location

0:00.0

All right next question is from Bears. It says is that like, it's just their same bears like there's a whole group of my mama and daddy and some kids or I believe that's a

0:17.8

A R S this is not from a group of bears last night my six year old she was was reading a Bear's book and I was like

0:24.4

You said it you said it the non Mandela effect way

0:27.8

Baylor do you want to know and then I was like oh she she won't understand

0:31.2

the Mandela effect.

0:32.6

But I saw and I'm sorry.

0:34.8

We got side.

0:35.8

Sorry. Go back to the question.

0:36.8

Actually, my son got a Baron, Stain Bears book recently too.

0:40.6

See you all were saying it that way.

0:41.8

Why is my generation saying it the other way?

0:44.0

Because I want to like, I want to remove the stigma that it was Baron Stein and Baron's

0:48.0

Okay, this part, I'll edit this out.

0:50.0

Oh, no, no, but I want you know, we have, I have books from the 70s.

0:55.0

It was spelled or either the collater change and created the

1:00.0

thing because it was spelled, it was, these books have been in our possession since the

1:04.4

70s. It was just just clarifying the Mandela effects. I'm sorry you said the

1:10.5

name was Bears for the name.

1:13.6

Oh my gosh I was a little afraid of that

1:17.0

but we might go down some rabbit trail

1:21.6

but that was a good one. Okay, so bears is this person's name, and there's a question.

1:27.0

Here it is.

...

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 2025.